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Under Tshisekedi, DRC evolves into a new hub for investments in Africa

Under Tshisekedi, DRC evolves into a new hub for investments in Africa

  • Since President Félix Tshisekedi took power in January 2019, DRC has been pitching and welcoming international and regional investors in Kinshasa. 
  • President Tshisekedi has struck mining and agriculture investment agreements with Chinese companies.
  • In July, UAE signed a $1.9 billion deal with a state mining firm in the DRC to develop four mines in eastern Congo. South Africa struck electric batteries deal with DRC in July, too.

Across the Democratic Republic of Congo—the second largest country in Africa—the weather is friendly, and the policymakers in Kinshasa have been steadily turning the tide, making DRC a hub for investments.

A stroll down the streets of Kinshasa, a city of over 13 million bustling with activity, heavy clouds are keeping the glare of the tropical sun at bay. The capital’s streets are busy and crowded. The traffic is congested and millions rub shoulders on the sidewalks. To my utter shock, in Kinshasa,…

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The post Under Tshisekedi, DRC evolves into a new hub for investments in Africa appeared first on The Exchange.

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