DR Congo: Copper output increases 0.6% in Q3 2016
Tuesday, 29 November 2016 03:27
The Democratic Republic of Congo produced in the third quarter of 2016, 268,393 tons of copper, thus 0.6% more than in Q3 2015.
The news was announced by the Central Bank which highlighted that despite the increase, copper output over the past three quarters has slumped 10% compared to 2015, to 734,643 tons.
According to the financial institution, the 10% slump was caused by global copper prices slumping, pushing various mines to stop production.
DR Congo is Africa’s leading copper producer.
Louis-Nino Kansoun
Live News
-
Cameroon’s microfinance sector counts 385 licensed lenders, with CFA659bn in loans
19:12
-
U.S. tariffs hit Cameroon exports, revenues fall to CFA38bn
19:08
-
Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
18:55
-
Cameroon roads budget faces CFA84bn gap as works spill into 2026
18:49
-
Togo drafts organic certification rules to support local producers
18:27
-
PAFF 2026 Positions Pan-African Cinema as Soft Power and Economic Tool
17:56
-
Ethiopia Secures $130 Million EIB Loan for Rural Development Project
17:47
-
Tunisian Entrepreneur Ridha Mami Targets Sales Productivity With AI
16:47
-
Rwanda Expands Zipline Partnership to Build National Drone Network
16:45
-
Mohamed Hassan Hijazi Builds All-in-One Platform for Beauty Industry
16:43
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists Loans granted by Togolese microfinance institutions...
Togo develops local organic certification framework for producers Standards aim to ease access to organic labels and markets Framework...
Ethiopia and the European Investment Bank signed a €110 million ($130 million) loan agreement for rural development financing. The project...
Gabon plans to raise up to CFA331 billion in domestic debt in early 2026 The revised target is about 43% higher than initially...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...