Companies operating in the mining and oil sector, paid about USD 1.8 billion to the Congolese state, according to a 2013 ITIE report on this country with a huge potential attracting big mining and oil&gas companies.
The Katanga province is said to have collected USD 1.2 billion coming, for the most part from the mining sector which represents 70% of this particular sector in DR Congo. It is followed by the Kongo-Central province which collected, through the oil sector about USD 464 million, 20% of revenues. Some USD 62 million was collected in the Orientale province, against USD 20 million coming from the other provinces.
For the year under review, copper leads in the mining production ranking with a volume of 919,500 metric tonnes of copper.
Nearly 400,000 mango seedlings distributed to farmers nationwide from June to August 2025. Pr...
MTN and SANTACO signed a reseller deal on 13 Aug 2025. Gauteng taxis gain MTN data, ICT, fintech ...
Growth is projected at 27% annually, with agriculture, finance, and health sectors leading adoption—...
• GDP growth will ease to 3.5% in 2025 from 3.7% in 2024 and below the 3.8% forecast.• Drought-hit l...
Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...
Cameroon authorized $1.039B in external borrowing from international private lenders to fund projects and clear arrears. The financing is part of...
• Tanzania and Burundi begin construction of a $2.15 billion cross-border railway.• The 240 km line will cut Dar es Salaam–Bujumbura cargo trips...
• Inflation slowed for the third straight month, dropping from 23.71% in April to 21.88% in July.• Food inflation fell sharply year-on-year, from 39.53%...
• Africa’s private equity market is shifting as exits increasingly involve sales between funds rather than IPOs or strategic buyers.• Q2 2025 saw 147...
Yambi City is an annual festival that takes place every year-end in Kinshasa, driven by the Afrika Diva collective and spearheaded by activist rapper...
Galerie36 in Dakar showcases modern African art, fostering cultural exchange. Ayofemi Kirby’s intimate gallery redefines art spaces with a community...