AGP Executive Report
Last update: 7 hours agoUAE Trade: A DRC-UAE economic partnership took effect on October 30, giving 6,000 Congolese products duty-free access to the Emirati market and covering services, investment and digital commerce. But the trade balance is heavily tilted: in 2023, DRC imports from the UAE exceeded exports by nearly $2 billion. US Investment: Kinshasa is urging Washington to turn strategic partnership commitments into projects, jobs and skills transfer, including the Lobito Corridor and Grand Inga. State utility SNEL is seeking investors for $12 billion in power projects over five years; the government now favours a 4,800-megawatt Inga phase for domestic industry and mining. Mining Outlook: Ivanhoe Mines cut its 2027 Kamoa-Kakula copper forecast by 19% as recovery from flooding takes longer, adding uncertainty for a key producer. Regional Trade: The DRC and Tanzania plan to widen cooperation in mining, transport, agriculture and healthcare, building on the DRC’s major use of Dar es Salaam port.
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