Economy - 2 October 2025
DRC: André Wameso announces sustained appreciation of the Congolese franc
Kinshasa, October 9, 2025 - The Governor of the Central Bank of Congo (BCC), André Wameso, stated that, according to all market indicators, the Congolese franc will continue to appreciate. This statement comes after a significant reduction in the BCC's key interest rate, from 25% to 17.5%, aimed at strengthening monetary stability and encouraging investment.
Wameso highlighted the BCC's efforts to restore confidence in the national currency, despite the challenges associated with downward price rigidity in the market. He also pointed out that the fall in the prices of imported goods, which are denominated in dollars, should follow this trend, although this process may take time.
This policy is part of the government's action programme to improve the purchasing power of the Congolese population.
Related reading
Economy - 2 November 2026
DRC cobalt and copper: what is operational on the copperbelt - and what remains announced in Kinshasa and Brussels
Kolwezi and Lubumbashi, through 30 October 2026 - Africa Insight desk reporting on running but fragile artisanal formalisation, uneven grid relief, and the gap between traceability enforcement and legal outlets for…
By Jeff Buleli - 10 min read
Economy - 31 August 2026
Rwanda Reclaims Undeveloped Industrial Plots To Improve Land Use
Kigali, August 31, 2026 - Rwanda reclaimed 15 additional industrial plots from investors that failed to develop them within agreed timelines, reinforcing the government's push to ensure scarce industrial land is put to…
By Jean-Marc Okito - 2 min read
Economy - 31 August 2026
High Costs And Information Gaps Slow Solar Uptake Among Farmers
Kampala, August 31, 2026 - High upfront costs and limited information are holding back adoption of solar technologies among Uganda's smallholder farmers, constraining productivity and post-harvest management.
By Jean-Marc Okito - 3 min read