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Category: Economy

DRC Govt Adopts 2026 Draft Finance Law with $20.3 Billion Budget 1 Mining in DRC Economy 

DRC Govt Adopts 2026 Draft Finance Law with $20.3 Billion Budget

Constance
DRC Adopts 2026 Draft Finance Law: $20.3 Billion Balanced Budget Targets Growth and Reforms The Government of the Democratic Republic of Congo (DRC) has approved the 2026 draft finance law, projecting a balanced budget of 59,020.5 billion Congolese francs (approximately $20.3 billion USD). The adoption took place on Friday, September 12, 2025, during the 58th meeting of the Council of Ministers. The draft bill was presented by Adolphe Muzito, Deputy Prime Minister and Minister of the Budget, who emphasized that the 2026 budget reflects the government’s goal of consolidating macroeconomic… Read More Here
DRC Secures $21 Billion Investment from Al Mansour Holding 2 Mining in DRC Economy 

DRC Secures $21 Billion Investment from Al Mansour Holding

Constance
DR Congo Signs $21 Billion Deals with Al Mansour Holding to Boost Infrastructure and Industry On 2nd September 2025, Sheikh Al-Mansour Bin Jabor Bin Jassim Al Thani, head of Al Mansour Holding and cousin of Qatar’s Emir, arrived in Kinshasa to finalize a landmark investment partnership with the Democratic Republic of Congo (DR Congo). The visit culminated in the signing of 18 agreements worth a total of $21 billion, according to the Prime Minister’s office. The signing ceremony was presided over by Deputy Prime Minister and Transportation Minister Jean-Pierre Bemba… Read More Here
Congolese Gold Price Sees Modest Uptick Amid Global Market Stability 3 Mining in DRC Economy Gold News in Brief 

Congolese Gold Price Sees Modest Uptick Amid Global Market Stability

Constance
Congolese Gold Price Rises to $108.71 per Gram as Global Markets Remain Stable The price of Congolese gold experienced a slight increase on international markets, reaching USD 108.71 per gram for the week of September 1–6, 2025, up from USD 108.10 the previous week. This represents a modest rise of 0.56%, according to the National Commission of Mercuriales. Although contained, this increase reflects the current stability of gold on global stock markets. The precious metal continues to serve as a safe haven amid economic uncertainties and speculative market movements. In… Read More Here
DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators 4 Mining in DRC Copper Economy 

DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators

Constance
DRC Copper Output Reaches 785,841 Tonnes in First Quarter 2025, Highlighting Private Sector Dominance The Democratic Republic of Congo (DRC) recorded a production of 785,841 tonnes of copper in the first quarter of 2025, according to the statistical bulletin released by the Central Bank of Congo (BCC) at the end of August. Out of this total, Gécamines, the state-owned mining company historically central to the Congolese mining sector, produced only 2,318 tonnes. The overwhelming majority—783,523 tonnes—came from Gécamines’ private partners and other mining operators active across the country. These figures… Read More Here
Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC 5 Mining in DRC Economy Governance 

Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC

Constance
DRC President Tshisekedi Backs Business Climate Reforms and Subcontracting Law Enforcement President Félix-Antoine Tshisekedi has reaffirmed his determination to strengthen the business climate in the Democratic Republic of Congo (DRC) and ensure strict compliance with the law on subcontracting. In the coming days, a joint commission of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Federation of Congolese Enterprises (FEC) will be deployed to companies to monitor the enforcement of the subcontracting law. This initiative was presented to the Head of State on Thursday, September 4,… Read More Here
Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy 6 Mining in DRC Economy 

Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy

Constance
Germanium Prices Drop 5.9%: What It Means for the DRC’s Strategic Mineral Exports Germanium, a critical mineral exported by the Democratic Republic of Congo (DRC) and widely used in semiconductors and optical technologies, has recorded a significant price correction on international markets. According to the Ministry of Foreign Trade, the average price per ton stood at USD 3,864.60 during the week of September 1–6, 2025, down from USD 4,108.08 the previous week—a decline of 5.92%. “The price of a ton of germanium is falling on international markets during the week… Read More Here
Bank of Zambia Introduces Phased Currency Regulations to Reinforce Kwacha Stability 7 Economy Mining in Zambia 

Bank of Zambia Introduces Phased Currency Regulations to Reinforce Kwacha Stability

Constance
Zambia Strengthens Kwacha with Phased Currency Regulations Bank of Zambia Governor Dr. Denny H. Kalyalya has reaffirmed the central bank’s commitment to reinforcing the Kwacha as Zambia’s sole legal tender, announcing that new Currency Regulations will be implemented in a phased and simplified manner. Speaking at the final round of consultative stakeholder engagements in Ndola under the Public Private Dialogue Forum (PPDF), Dr. Kalyalya highlighted the risks of dollarisation, warning that excessive reliance on foreign currencies undermines the Kwacha, limits the effectiveness of monetary policy, and exposes banks and borrowers… Read More Here
Zambia’s Stock Market Leads Global Gains on Copper Boom 8 Mining in Zambia Copper Economy 

Zambia’s Stock Market Leads Global Gains on Copper Boom

Constance
Zambia’s Stock Market Surges 56% in 2025, Driven by Copper and Energy Stocks Zambia’s main stock index has outpaced all others worldwide in August, climbing 14.3% as the country benefits from a copper boom. The Lusaka Securities Exchange All Share Index is also the world’s top performer in 2025, up nearly 56% in local currency terms. When measured in U.S. dollars, the rally is even stronger at 84%, with only Ghana’s index showing higher gains. The surge is being fueled largely by Copperbelt Energy Corp. Plc (CEC), the company that… Read More Here
Zambia Welcomes Chinese Investors, Signals Strong Investment Opportunities 9 Mining in Zambia Economy 

Zambia Welcomes Chinese Investors, Signals Strong Investment Opportunities

Constance
President Hichilema Reaffirms Zambia Open for Business as Chinese Investors Explore Key Sectors President Hakainde Hichilema has reaffirmed that Zambia is open for business and investment, welcoming a delegation of Chinese investors from the Zhong Minglian Group, led by Mr. Dia Benling. The delegation expressed interest in agriculture, mining, energy, manufacturing, and healthcare, with plans to establish joint ventures alongside local partners. President Hichilema emphasized that these sectors are critical to Zambia’s economic growth and job creation, particularly for the country’s youth. “The state visit to China last year has… Read More Here
ZCCM-IH Hits $1 Billion Market Capitalisation on Lusaka Securities Exchange 10 Mining in Zambia Economy 

ZCCM-IH Hits $1 Billion Market Capitalisation on Lusaka Securities Exchange

Constance
ZCCM Investment Holdings Achieves $1 Billion Market Cap, Signaling Strong Investor Confidence in Zambia ZCCM Investment Holdings Plc (ZCCM-IH) has reached a market capitalisation of US$1 billion on the Lusaka Securities Exchange (LuSE), marking a historic milestone for the company and Zambia’s capital markets. The achievement was celebrated during a bell-ringing ceremony jointly hosted by ZCCM-IH and LuSE. Speaking at the event, Mines Minister Paul Kabuswe said the milestone reflects strong investor confidence in ZCCM-IH, supported by the government’s stable policy framework. He noted that growth in the mining sector… Read More Here

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