In the first half of 2017, mining in DR Congo has generated $295.3 million of revenues, up 9% compared to the year before, over the same period. This was revealed by the minister of finances of the country cited by Reuters on Sept. 12, 2017. The official added that oil and gas revenues in the country soared 140% over the period.
At the end of August, the Central Bank of the country disclosed respective increases of 15% to 553,811 tones and 27% to 39,535 tons of its copper and cobalt outputs in H1 2017. These minerals are DR Congo’s two largest main sources of wealth as the country is their number one producer in Africa.
In DR Congo, the mining sector, combined with oil’s, generates 95% of the country’s export revenues.
Louis-Nino Kansoun
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Egypt approves 5.1 trillion pound budget for 2026/2027 Spending prioritizes health, education, social protection, economic growth Revenues projected...
Growth driven by reforms, mining income, improved tax administration S&P affirms B+ rating, revises outlook to positive Guinea's public revenue...
Orange Côte d'Ivoire launches “Mobile Pro” for small businesses Service bundles calls, SMS, internet with business-focused app access Aims to boost...
The QS World University Rankings by Subject, a global ranking which measures academic reputation, employer recognition, research impact and international...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...