DRC: Mining will support GDP growth of 5.7% in 2025

The DRC government anticipates a 5.7% economic growth in 2024, mainly due to a 5.3% increase in the mining sector, as outlined in the draft Finance Law for 2025. The Kamoa-Kakula copper mine is expected to boost its production to 600,000 tonnes of concentrate. Copper production will continue to rise, solidifying the DRC's status as the world's second-largest copper producer, with exports reaching 2.8 million tonnes in 2023. Zinc production is also set to increase with the Kipushi mine now fully operational. The Kibali gold mine will contribute significantly to the economy, while cobalt production is expected to support mining sector growth. Additionally, the government has issued a mining permit for the Manono lithium deposit, likely attracting new investments. The 2025 Finance Bill projects mining revenues at 14.82 trillion Congolese francs ($5 billion), a 41% increase due to rising customs and excise revenues. The mining sector is expected to contribute around 30% to public revenues, projected to reach 49.8 trillion Congolese francs ($16.9 billion) in 2025.






