Rainforests in the DRC: "a solution" for climate change

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The Congo Basin is home to the world's second-largest rainforest after the Amazon. It covers 180 million hectares, two-thirds of which are in the Democratic Republic of Congo, a country as big as the whole of Western Europe.

Standing at a whopping 55 metres high, Yangambi's flux tower, CongoFlux, in the Congo Basin is one of the latest additions to the world's 1400 already existing flux towers. It was designed by the University of Ghent in Belgium and erected last year in the middle of the forest.

The site where it is located has once again become a place of experimentation where they are trying to fight global warming and restore biodiversity for the benefit of all.

Thomas Sibret, a CongoFlux project manager says the structure allows the team to quantify the exchange of greenhouse gases between the atmosphere and the forest. "We can therefore continuously calculate the amount of carbon emitted and sequestered by the Congo Basin forest.", he adds.

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COP26 - Landmark $500 Million Agreement Launched to Protect the DR Congo's Forest

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President Félix Tshisekedi of the Democratic Republic of Congo (DRC) and Prime Minister Boris Johnson of the United Kingdom on behalf of the Central African Forest Initiative (CAFI) last week endorsed an ambitious 10-year agreement (2021-31) to protect the Congo Basin rainforest - the world's second largest. The agreement will unlock on-the-ground multi-donor investments of US$500 million for the first five years.

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The European Union at the forefront of biodiversity in the DRC

Hidden in the thick primary rainforest of the Democratic Republic of the Congo are a few silverbacks and a host of small, fiery eyes. The Baraka, one of the last families of mountain gorillas, are welcoming a happy event out of sight: a young male snuggled in his mother's arms. A new victory for this critically endangered species, for the entire Virunga National Park and above all for the fight against global warming. Read more

DRCongo:
a new narrative emerges

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Democratic Republic of the Congo

Last published date: 2021-10-11

Market Overview

The Democratic Republic of the Congo’s (DRC) rich endowment of natural resources, large population, and strategic location in Central Africa make it a potentially rewarding market for U.S. companies. However, the DRC’s commercial and investment climate remains extremely challenging.

The DRC economy is largely reliant on commodity prices, particularly prices for copper, cobalt, tin, tungsten, and tantalum.  Favorable commodity prices facilitated robust economic growth from 2001 to 2014, but the absence of political will...

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Market Opportunities

There are opportunities large and small in the DRC.  The DRC’s enormous mining wealth attracts top mining companies from around the world.  The boom in demand for electric car batteries and electronics has multiplied the demand for cobalt and coltan. Energy is another sector with tremendous potential for hydroelectricity and renewable solar and biomass energy.

 

Telecommunications is a largely privatized and still growing industry.  Agriculture is an explored sector as the DRC has large tracts of underexploited land.  The need for roads and buildings means numerous contracting opportunities 

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There is a breath of fresh air in the Democratic Republic of the Congo. After not receiving any significant foreign economic support for over nine years, the country has just finalised a new economic programme with the International Monetary Fund (IMF). This total package of 1.52 billion dollars offers a change of course welcomed by Prime Minister Jean-Michel Sama Lukonde Kyenge, the head of the new government in place since 26 April 2021.

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President Félix Tshisekedi takes part in the 16th G20 Summit in Italy

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Kinshasa, November 1st, 2021 (CPA) .– The President of the Democratic Republic of the Congo and current President of the African Union, Félix Antoine Tshisekedi Tshilombo, took part in the work of the G20 Summit on Saturday in Rome, Italy. President Félix Tshisekedi, who represents the African continent at this Summit scheduled for October 30 and 31, and placed under the theme « Population, planet, prosperity », was welcomed, on the site of the meeting, by the Italian Prime Minister, Mario Draghi.

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THE EMBASSY NEWSLETTER

With our inaugural issue and subsequent biweekly issues already in the works, we are pleased to announce the launch of our new newsletter D.R. CONGO NEWS. Find here our first issue and we will be regularly creating original content each two weeks.

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