Overview of Congo DRC
Democratic Republic of Congo or Congo DRC is a country located in central Africa with a coast line of about 37km. It is the second-largest country in Africa and the 11th-largest in the world with a population of around 108 million It is a nation surrounded by Congo Republic, Central African Republic, Angola and Tanzania towards the West, North, South and East respectively. The capital and largest city is Kinshasa. It is the third largest African city in metropolitan area after Lagos and Cairo. It official language is French although they have some other native dialects. DR Congo’s level of human development was ranked 175th out of 189 countries.
Economic Snapshot
Congo DRC is a Central African Republic nation with very little access to water. Despite its extremely rich in natural resources and huge population, Congo DRC is ranked 88 economy in the world and 85 in total export in 2018. Congo DRC is a low income country with an average of less a $1000 in a year.
The Central African nation has suffered from political instability, a lack of infrastructure, corruption, and centuries of both commercial and colonial extraction and exploitation with little widespread development. In the ease of doing business ranking, Congo DRC scored 36% in 2020 and has a GDP value of over $48 billion USD and per capita income value of $520 USD.
Agricultural products produced in Congo DRC include; coffee, cassava, sugar, palm oil, rubber, tea, cotton, cocoa, peanuts and so on. Also, Congo DRC has minerals such as; copper, cobalt, gold, diamond zinc, tin to say a few. The DRC’s largest export is raw minerals, with China accepting over 50% of its exports in 2019.