The parliament of DRC has adopted a new mining code which should boost taxes and royalties paid by mining firms operating in the country. The news which was disclosed this week-end, was relayed by many international media such as Reuters and BBC Africa.
The revision project was proposed in 2015 but its adoption process was halted in March 2016 due to various objections from mining firms which complained about the fact that it would impact the profitability of investments made in the sector. If no actual detail was given about the amendments, it appears that they are not as significant as those proposed under the initial bill.
The DRC which received major firms such as Glencore, Randgold Resources is Africa’s leading copper producer and the world’s leading cobalt producer. Its mining industry is one of its economy’s pillars.
Louis-Nino Kansoun
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Akrake Petroleum targets end-January 2026 start at Benin’s Seme field Offshore project delayed by drilling difficulties in unstable shale...
South Africa leads Africa in generative AI use, Microsoft reports 21.19% of South Africans used generative AI tools in 2025 Adoption gap widens...
Burkina Faso, Russia sign five-year higher education cooperation agreement Deal covers academic exchanges, mobility programmes and joint...
Gabon launches fast-track review to clear teacher pay, status backlogs Around 3,000 teachers affected after strikes disrupted school term Education...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...