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
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Libya oil output reaches 1.43 million barrels per day Production nears pre-2011 levels as operations stabilize Oil dominates economy,...
Morocco renewable capacity doubles to 4,851 MW by 2025 Wind leads growth; solar expands, hydropower remains stable High energy import...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expand into banking, intensifying competition with...
EACOP pipeline reaches 82% completion ahead of planned 2026 launch Project to transport 216,000 barrels daily from Uganda to Tanzania Legal...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...