
Economy - 4 April 2026
DRC and China sign mineral cooperation agreement in Beijing to strengthen geology
DRC - China March 26, 2026 - The Democratic Republic of Congo and the People’s Republic of China have signed a memorandum of understanding aimed at expanding cooperation in geology and mineral resources, marking a new phase in bilateral mining relations. The agreement was signed in Beijing by DRC Minister of Mines Louis Watum Kabamba and Chinese Minister of Natural Resources Guan Zhi’ou, in the presence of senior officials from both countries. The accord follows high-level discussions between President Félix Tshisekedi and Chinese President Xi Jinping in 2023, and is intended to establish a structured framework for long-term cooperation based on investment, resource governance, and industrial development. Officials say the agreement emphasizes compliance with Congolese mining regulations, ongoing bilateral consultations, investment protection mechanisms, and increased local processing of raw materials within the DRC. A key provision of the arrangement includes duty-free access for Congolese exports to China starting May 1, 2026, a measure expected to enhance the competitiveness of the country’s mining sector and support broader economic growth. The partnership also introduces a monitoring and dialogue mechanism designed to oversee project implementation and ensure transparency in resource development initiatives. Among the flagship projects outlined is the proposed Greater Orientale Iron Ore Mines (MIFOR), which envisions the development of a major industrial corridor linking the Indian and Atlantic Oceans. The project targets initial production of 50 million tons of iron ore annually, with potential expansion to 300 million tons, backed by an estimated investment of $28.9 billion. The agreement further encourages Chinese participation in local processing initiatives and the deployment of large-scale industrial infrastructure within Congolese territory. Congolese officials described the deal as part of a broader strategy to modernize the mining sector, strengthen economic sovereignty, and increase value addition within the country’s extractive industries.
Related reading

Economy - 14 July 2026
Uganda Breweries Contributes Shs1.127 Trillion to National Economy
KAMPALA, July 14, 2026 - Uganda Breweries Limited (UBL) contributed an estimated Shs1.127 trillion to Uganda’s economy in 2024 through its operations, supply chain activities and wider business network, according to a…
By Amina Kabasele - 2 min read

Economy - 14 July 2026
Stable Congolese Franc Offers Economic Relief and Strengthens Confidence in Local
Kinshasa, July 14, 2026 - The relative stability of the Congolese franc against foreign currencies is increasingly becoming a key factor influencing the daily economic realities of households, businesses, and consumers…
By Amina Kabasele - 3 min read

Economy - 14 July 2026
AFD Reinforces Partnership with Kinshasa to Protect Congo Basin Forests and Fight
Kinshasa, July 14, 2026 - The Democratic Republic of Congo and France are strengthening their cooperation on environmental protection and climate action, with a renewed focus on preserving the Congo Basin forests and…
By Jean-Marc Okito - 2 min read
