- DRC’s agriculture and vast extractive industry are prime targets for global investors.
- Investors can expect huge returns with DRC estimated to be Africa’s fastest growing economy at 4.7% this year.
- Through reforms, DRC has cut business opening process to just three days.
While global economic growth is projected to average between 2.7% and 3.2%, the Democratic Republic of Congo (DRC) will be Africa’s fastest growing economy posting 4 percent jump this year.
This high rate of economic growth is getting the eye of investors from across the globe who are eyeing DRC’s promising returns in investments. Which begs the question: What is driving investors into DRC? I set out to find out why.
DRC’s key investment areas
According to this year’s Africa’s Macroeconomic Performance and Outlook report by the African Development Bank Group (AfDB), the DRC promises lucrative returns across several sectors including extractives, agriculture, manufacturing and digitization.
Owing to …
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