Several African countries continue to grapple with high inflation, rising unemployment, and ongoing monetary and fiscal policy adjustments, prompting many ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

A new initiative in one of the world’s most vital ecosystems – the Congo Basin – aims to unlock nature-positive, ...

Bags weighing up to 70 kg that once fetched 120,000 Congolese francs (about $40) now sell for less than half that. In the Murhesa charcoal market, 27 km (17 miles) north of Bukavu, vendors said ...

Vendors sell bottles of palm oil measured in koroboyi, a local unit, along with tomatoes and other food products at Birere Market in Goma on May 15, 2025. [AFP] Cash has become so scarce in Goma ...

The Congo government is in an economic tight spot ... It has been calculated that the tax revenue is expected to fall from 15.1 per cent to 12.5 per cent. And the military expenditure has gone up ...

Congolese francs and U.S. dollars are scarce. Kinshasa continues to pay the salaries of teachers and doctors in these areas, but like any local with a bank account, they struggle to access their ...

An activity that made him famous to the extent that in 1948, Belgians authorities printed his image on a 10 banknote of the Belgian Congo Francs, making him the only person to be printed on a ...

Cash has become so scarce in Goma, the eastern Congolese city seized by anti-government fighters in January, that some parents are now paying school fees in cans of palm oil. After the city fell to ...

But neither move will free Americans or the Congolese from China’s grip: a 2023 US congressional hearing revealed that 80 per cent of DRC’s cobalt output is owned or controlled by Chinese ...