Category: Economy

**Kitsombiro: Between Illusory Calm and Hope for Rebirth**

On January 11, Kitsombiro, in North Kivu, attracted attention as the Armed Forces of the Democratic Republic of Congo (FARDC) reinforced their presence, bringing a semblance of calm in the face of the shadow of the M23 armed group. But this calm is precarious; the volatile dynamics of the region raise concerns about a possible resumption of hostilities. The struggle for control of natural resources, particularly minerals, exacerbates these tensions.

However, a glimmer of hope appears with the tentative return of socio-economic activities. Residents, supported by the military, seek to re-establish trade and rebuild their community ties. This raises the question of whether military security can truly establish lasting peace.

Statistics reveal the devastating impact of conflict on the local economy, with the region’s GDP declining by 30% over the last decade. For Kitsombiro, a holistic approach focused on community development and reconciliation is crucial to building sustainable resilience among the population. The challenge goes beyond security: it requires a redefinition of development priorities and an inclusive dialogue to emerge from the persistent threats to its future.

### Kinshasa at the Time of Financial Reforms

On January 10, 2025, Kinshasa initiated a decisive turning point in its financial governance with a promising meeting between the General Inspectorate of Finance (IGF) and the provincial executive. This new momentum aims to strengthen transparency in the management of public resources, essential to fight corruption. The computerization of revenues, a central point of the discussions, could revolutionize the process, provided that investment and training challenges are overcome.

Behind these ambitions lies a worrying social reality: 70% of the population lives below the poverty line. Reforms will therefore not only have to improve financial management, but also address the concerns of the people of Kinshasa to gain their trust. If these initiatives are carried out with sincere political will and transparent communication, Kinshasa could become a model of governance for other African metropolises. The time for action has come, and the city’s future may well depend on it.

### Economic Inequality: A Global Issue Between Perspectives and Realities

Rising economic inequality is a global concern. A Pew Research Centre report highlights that the gap between rich and poor is considered a major problem in many societies, exacerbating political and social tensions. In countries such as Colombia and Brazil, more than 90% of the population expresses concerns about the disproportionate influence of economic elites on decision-making. This phenomenon raises questions about the need for political reform to alleviate these inequalities.

Furthermore, generational pessimism is increasing, with citizens worried that their children will not enjoy the same level of material comfort. Even in developed economies, the perception of increasingly difficult upward mobility is palpable. Furthermore, it is crucial to examine how gaps in the education system perpetuate these inequalities. In sub-Saharan Africa, targeted education initiatives could play a key role in improving equity and access to opportunities.

In sum, while the challenges of economic inequality are immense, they require a collective and informed approach. By sharing stories of success and investing in education and innovation, we have the opportunity to build a future where economic justice becomes not just an aspiration, but a tangible reality for all.

**Global Economic Growth: Between Hope and Caution**

As we approach 2025, global growth is tentatively projected at around 2.8%, revealing both regional disparities and persistent challenges. While the United States is showing relative resilience, China’s economic rise is hampered by internal tensions. In contrast, India is emerging as a real powerhouse with a growth forecast of 6.6%, buoyed by robust consumption and infrastructure investment. However, central banks’ caution on inflation raises questions about the sustainability of this recovery. Growing inequality threatens progress made in the fight against poverty, and an inclusive economic model is crucial to sustaining this growth while avoiding future crises. Strengthened economic ties and equitable sharing of resources may well be the key to a more stable and prosperous future.

**Ghana: A New Economic Chapter Under John Dramani Mahama**

With the re-election of John Dramani Mahama, Ghana is entering a new era marked by hopes of economic recovery. In forming a small but experienced cabinet, Mahama appointed Cassiel Ato Forson as Minister of Finance, with the clear objective of stabilizing a struggling economy and engaging in vital dialogue with economic stakeholders. The continuity of ministers in crucial areas such as Energy raises questions about their ability to address chronic problems, including energy shortages.

Dominic Akuritinga Ayine, who heads the Ministry of Justice, is seen as a potential driving force in the fight against corruption, a priority for Mahama. However, the road ahead remains fraught with challenges. Ghana’s economy is still suffering from the aftereffects of the COVID-19 pandemic, is revealing structural vulnerabilities, and urgently needs to diversify its revenue sources beyond its natural resources.

Ghana’s future will depend on Mahama’s ability to translate his promises into concrete results, while actively engaging the population in the governance process. The success of this new cabinet could set an inspiring model of economic governance for the entire region. All eyes are now on this administration, which holds the potential to turn the page on years of uncertainty.

### The Resource Curse in the DRC: A Cycle of Violence to Break

The Democratic Republic of Congo, rich in natural resources, is in the grip of a destructive cycle of illegal exploitation that breeds conflict and suffering. The activities of the AFC-M23 coalition in Rubaya, where coltan and tin are systematically extracted, not only bring in USD 800,000 per month to armed groups, but also starve a vulnerable population, cloistered in poverty.

The tax pressure exerted on mining workers reinforces inequalities in a country where, despite mining revenues estimated at USD 1.5 billion in 2014, a large part of the profits are siphoned off by criminal networks. With the alleged involvement of Rwanda in supporting the M23, economic and military issues are intertwined, exacerbating the socio-political crisis. However, voices are being raised: local NGOs and citizen initiatives are working for better resource management, advocating for transparency in mining.

To break this harmful cycle, the international community, alongside the Congolese authorities, must insist on serious reforms, integrating local populations into economic decisions. The transformation of this wealth, from curse to blessing, depends on a bold collective commitment, necessary to guarantee a better future for the Congolese.

**Kinshasa: The rise of motorcycle theft and its dramatic repercussions**

In Kinshasa, motorcycle theft is becoming a worrying scourge. With an increase of almost 40% in one year, testimonies such as that of a pastor who was the victim of two successive thefts highlight an alarming reality: violence and despair are gaining ground. While the police are trying to react with a few arrests, the effectiveness of their interventions remains to be proven in the face of increasingly organized criminal networks. This phenomenon, rooted in precarious economic conditions, requires a collective response integrating the State, communities and civil society. Sustainable solutions must be considered to break this cycle of violence, in particular through community initiatives inspired by successful examples elsewhere in Africa. Fatshimetrie.org calls for collective awareness to restore peace and security in Kinshasa.

**The Economic Challenges of the Democratic Republic of Congo in the Face of Oil Revenues**

The forecast for oil revenues for 2025 in the Democratic Republic of Congo (DRC) amounts to approximately $233.2 million, marking an increase of 10.29% compared to 2024. However, this progression is part of a complex global context, where dependence on an unstable oil market raises many questions. As the country strives to stabilize its economy, the concentration of resources on the oil sector risks creating imbalances, neglecting other vital sectors such as agriculture.

In addition, the social and environmental implications of the exploitation of natural resources cannot be ignored. Persistent inequalities in producing regions and climate issues require reflection on the need for a transition to sustainable energy solutions. For a sustainable and inclusive future, the DRC must imperatively diversify its economy and promote responsible management of its resources. Only a collective commitment will allow the country to leverage its wealth for the well-being of all its citizens.

### The Digital Revolution in the DRC: Towards an Inclusive Digital Economy

The Democratic Republic of Congo is undergoing a digital transformation, with a notable increase of 9.25% in mobile data traffic, revealing the country’s potential in the telecommunications sector. Mixed packages, combining voice, SMS and data, make access to digital services easier, while enriching the user experience in the face of the rise of Over-The-Top offers. However, the persistent challenge of obsolete teaching methods in universities jeopardizes the training of future digital actors.

To sustain this revolution, an economic inclusion strategy and citizenship digitization initiatives are essential, aimed at streamlining the administration and strengthening citizen confidence. The DRC must seize these opportunities to become a key player on the African continent. Despite the obstacles, a collective vision could lead the country towards a thriving and sustainable digital economy, transforming the lives of millions of Congolese.

**Cameroon and EITI: Between a governance challenge and an opportunity for redemption**

Last December, Cameroon missed a crucial deadline by failing to submit its 2022 activity report to the Extractive Industries Transparency Initiative (EITI). This omission raises concerns about the country’s governance and reputation, already tarnished by scandals such as Glencore. Mines Minister Gentry Fuh Calistus requested a postponement, revealing gaps in administrative management and dialogue with civil society. While nations such as Ghana and Tanzania are leading the way in transparency and investment, Cameroon must seize this opportunity to reform its structures and restore trust. Collaboration between government and civil society is essential to transform this crisis into an opportunity, thereby redefining its economic and democratic future.