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Structural transformation of the agricultural sector: the DRC is recommitted to carrying out reforms

17/10/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The DRC Agribusiness Forum (Forum on agribusiness in the Democratic Republic of Congo) was held a few days ago in Kinshasa. During the event, the various interventions mainly focused on government reforms aimed at developing the agricultural sector and accelerating transformation.

The DRC has re-committed to carrying out reforms to structurally transform its agricultural sector, and to launch a taskforce including stakeholders and several ministerial departments to ensure the implementation of the Forum's recommendations. Indeed, the DRC Agribusiness Forum, which saw the participation of the International Finance Corporation style="font-family: "Bookman Old Style”, “serif""> (SFI) and the ADB, first revealed the ambition of the Congolese government to invest 6.6 billion USD over 10 years to successfully “feed Africa” as part of its Agricultural Transformation Program. The vision of the Forum is to boost agribusiness and stimulate private investment in agricultural value chains to develop agriculture in Congo

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