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DRC Looks Beyond Mining to Pep Up its Economy

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DRC Looks Beyond Mining to Pep Up its Economy

(3 Minutes Read)

Tourism could be a new way to make money too. The DRC has beautiful places and a rich history that could attract tourists. Tourism could create more jobs and bring in money. But there are challenges. Infrastructure is weak

The Democratic Republic of Congo (DRC) is looking beyond mining to grow its economy. For a long, it mainly relied on mining for money. But now, the central African country is looking for a change and is focusing on sectors like agriculture, tourism, etc, to accelerate its growth. Mining, especially copper and cobalt, brings in a lot of money. However, when prices go up and down, it makes the economy unstable.

Now, people are talking about different ways to make money. Agriculture could be a big help. The DRC has good land and weather for farming. Renewable energy, like water, sun, and heat power, could also make a difference. Projects like INGA 3 could give more power to the country.

Read Also:

https://trendsnafrica.com/drc-to-fully-integrate-with-eac/

Tourism could be a new way to make money too. The DRC has beautiful places and a rich history that could attract tourists. Tourism could create more jobs and bring in money. But there are challenges. Infrastructure is weak. Also, most banks are in cities, not villages. This makes it hard for villagers to get to banks and use them. Another problem is that the country uses a lot of foreign money, like the US dollar. This can make the economy shaky when prices change.