Less than 10% of DR Congo’s arable lands are cultivated, despite the country being among the African nations with the greatest agricultural potential. This is because the country strongly depends on imports to meet its food demand.
In the Democratic Republic of Congo (DRC), the Agricultural Sector Emergency Recovery Program will cost over $1 billion. This was disclosed by the country's Vice Premier, Vital Kamerhe. The program aims to boost food production to avert shortages ahead of the next agricultural season.
The program targets 12 staple crops, including corn, rice, wheat, sorghum, cassava, potatoes, sweet potatoes, peanuts, beans, cowpeas, soybeans, and bananas. DRC currently faces a corn supply crisis that's causing prices to go up, primarily in the Katanga and Kasai provinces.
Local corn production meets only 25% of the country’s demand. Besides this, the other reason for the corn shortage is Zambia’s decision to halt exports in April, to preserve its reserves. Zambia is DRC’s closest supplier.
The Congolese government, to alleviate the crisis, took several measures, such as suspending import duties and taxes on corn and flour for six months, and importing more from South Africa.
Agriculture contributes 19% of the DRC’s GDP and employs about 55% of the active population.
Stéphanas Assocle
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
( AFRICA FASHION UP) - Africa Fashion Up, the must-attend event for contemporary African fashion in Paris, announces the launch of its call for...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households received compensation payments Project linked to...
Chad exploring telecom partnership with Ethiopia’s Ethio Telecom Talks cover 4G/5G networks, cloud, devices and digital finance Initiative aims to...
PETROSEN denies social media claims of imminent fuel shortage Company says Senegal’s fuel supply chain operating normally Warning comes amid global...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...