DRC economy : The giant awakens
Most news headlines from the Democratic Republic of the Congo (DRC) have one thing in common—their focus on conflict, particularly in the eastern part of the country. Real conflicts are not new to the DRC, which has experienced outbreaks in one form or another over the past three decades.
Recently, however, there has been mounting concerns over presidential elections which were delayed to November this year. President Joseph Kabila, in power since 2001, is bound by term limits to step down after having won elections in 2006 and 2011. His former ally turned rival, former governor Moïse Katumbi, has declared his intentions to run for presidency, a decision that has not gone down well with some of President Kabila’s allies who would like to see him run for a third term.