Tiktok Youtube Telegram Instagram Linkedin X-twitter
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist
  • Fashion Intelligence
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist
  • Fashion Intelligence

DRC could be lucrative market for Zambia and other neighbours

Simon Osuji by Simon Osuji
May 22, 2025
in Business
0
DRC could be lucrative market for Zambia and other neighbours
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

An open-air market in Kinshasa, DRC

The Democratic Republic of Congo (DRC), one of Africa’s largest and most populous nations, offers untapped export opportunities to firms in neighbouring countries, despite its long-standing challenges.

Related posts

Pi Coin Fell From $2.99 in Feb to $0.20 in Dec: Is PI Dead?

Pi Coin Fell From $2.99 in Feb to $0.20 in Dec: Is PI Dead?

December 18, 2025
The challenge of building an African consumer brand abroad

The challenge of building an African consumer brand abroad

December 18, 2025

There remains substantial potential to export goods to the DRC, according to Zambia-based entrepreneur Marion Peterson, co-founder of clean cooking solutions company SupaMoto. “There is a huge market up there for everything. They need everything,” she said in a recent interview with How we made it in Africa, referring to Zambia’s northern neighbour.

[Watch our interview with Marion Peterson: Changing how Zambia cooks – and building a business around it]

Peterson’s observations are echoed by several other entrepreneurs and investors who view the DRC as a vast underexploited consumer base. Despite its mineral wealth – the country is Africa’s top copper producer and the world’s leading source of cobalt – most everyday goods are still imported. Local commercial agriculture and manufacturing remain limited.

With over 110 million people, the DRC is geographically enormous. It could fit France, Germany, Norway, the United Kingdom, Italy, the Netherlands, Greece and Portugal within its borders, and still have room to spare.

In 2022, the DRC joined the East African Community, a regional bloc that includes Kenya, Tanzania, Burundi, Rwanda, Uganda, and South Sudan, with a combined population of around 300 million. The move has created new opportunities for trade and regional integration.

Simon Bentley, managing director of Farm Depot – a Zambian retailer of agricultural inputs like fertiliser and seed – sees strong cross-border demand. The company operates stores near the border with the DRC that attract Congolese customers. While Bentley is interested in establishing outlets inside the DRC, he notes that doing so would require significant capital as the entry costs are substantial.

Informal trade between the two countries already thrives, but more structured efforts face bureaucratic and logistical obstacles. “There is a lot of informal trade finding its way across the border, but for more structured exports, it is a headache to get products into the country,” said Tue Nyboe Andersen, managing director of Lusaka-based investment firm Kukula Capital. “What works best is if you have a partnership with a Congolese entity that buys the products from Zambia. Trying to operate in the DRC from Zambia is not easy.”

Zambian companies are not the only ones with potential to export to the DRC. Countries on its eastern border, including Rwanda and Burundi, are also finding opportunities.

Rwandan entrepreneur Herve Tuyishime, founder and CEO of Paniel Meat Processing, has built a substantial export business supplying meat products to the DRC. Demand for meat in the DRC is significantly higher than in Rwanda, with a stronger culture of consuming products like sausages, ham, and burgers. His company has established operations in Rwanda’s Rubavu region, near the border with Goma, a trade hub in the DRC. Customers in Goma have helped him connect with buyers in other parts of the country, including the capital, Kinshasa.

In a 2023 interview with How we made it in Africa, Claude Nikondeha, founder of Burundi Fortified Foods, also said he is targeting the eastern DRC. His company, which produces various porridges, has begun selling modest volumes across the border and was weighing whether to establish a factory in the DRC or continue exporting from Burundi. He believes the region offers a larger market with greater purchasing power than his home country.

Despite its potential, the DRC faces numerous challenges. The country has endured decades of conflict, political upheaval and instability – most recently in the east, where the M23 rebel group captured key cities such as Goma and Bukavu in early 2025. It ranks among the five poorest nations in the world, with an estimated 73.5% of the population living on less than $2.15 a day in 2024. The commercial environment is also widely regarded as difficult. Nonetheless, the DRC has recorded relatively strong economic growth in recent years. GDP expanded by an average of just over 6% annually from 2010 to 2019. The economy has continued to show resilience, growing by 6.5% in 2024 – down from 8.6% in 2023 – driven largely by the mining sector.

Barthout van Slingelandt, managing partner at XSML Capital, said that perceptions of the DRC are often skewed by international media coverage. According to him, English-language outlets focus disproportionately on negative developments, while French-language reporting tends to present a more balanced view.

XSML has made most of its DRC investments in the capital, Kinshasa. With an estimated population of between 15 million and 20 million, the city has about as many French speakers as Paris. Projections suggest it could grow to 29 million by 2050.

Van Slingelandt noted that Kinshasa has seen significant urban development over the past decade, including the emergence of new supermarkets and healthcare facilities. Despite many residents having limited financial resources, he says there is a substantial part of the population that does have disposable income and “there is money that is going around”.

Related articles

Source link

Previous Post

‘Africa’s leapfrogging from oil and gas isn’t the quick energy fix the world seems to think it will be’ – EnviroNews

Next Post

Amazon CEO Andy Jassy: How Tariffs Are Impacting Prices

Next Post
Amazon CEO Andy Jassy: How Tariffs Are Impacting Prices

Amazon CEO Andy Jassy: How Tariffs Are Impacting Prices

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

A new satellite agreement to strengthen the Pan-African strategic partnership between France and Morocco

A new satellite agreement to strengthen the Pan-African strategic partnership between France and Morocco

1 year ago
ATU and The Metaverse Institute to Shape Africa’s First Metaverse Governance Framework

ATU and The Metaverse Institute to Shape Africa’s First Metaverse Governance Framework

7 months ago
National Bank of Bahrain Q4 net profit up 16% to $53.3mln

National Bank of Bahrain Q4 net profit up 16% to $53.3mln

2 years ago
New York City’s 2025 budget includes a record $254m for culture

New York City’s 2025 budget includes a record $254m for culture

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form
© 2023 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.