Democratic Republic of Congo

Overview

The Democratic Republic of the Congo, commonly referred to as the DRC, is a country in central Africa with a small length of Atlantic coastline. Established as a Belgian colony in 1908, the then-Republic of the Congo gained its independence in 1960, but its early years were marred by political and social instability. DRC is the third largest country (by area) in Africa. The name "Congo" refers to the river Congo, also known as the river Zaire. Though it is located in the Central African UN sub region, the nation is economically and regionally affiliated with Southern Africa as a member of the Southern African Development Community (SADC).

Economy

The economy of the Democratic Republic of the Congo (DRC) - a nation endowed with vast natural resource wealth - is slowly recovering after decades of decline. Systemic corruption since independence in 1960, combined with country-wide instability and conflict that began in the mid-90s has dramatically reduced national output and government revenue and increased external debt. With the installation of a transitional government in 2003 after peace accords, economic conditions slowly began to improve as the transitional government reopened relations with international financial institutions and international donors, and President Kabila began implementing reforms. Progress has been slow to reach the interior of the country although clear changes are evident in Kinshasa and Lubumbashi. An uncertain legal framework, corruption, and a lack of transparency in government policy are long-term problems for the mining sector and for the economy as a whole. Much economic activity still occurs in the informal sector and is not reflected in GDP data. Renewed activity in the mining sector, the source of most export income, has boosted Kinshasa's fiscal position and GDP growth in recent years.

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14 Matters
Happy to guide your retail distribution efforts

DRC distribution agreement

We were retained by a major fast-moving consumer goods company working in the household, healthcare, and personal hygiene industries and... More

Visas for your religious organization's employees

Visa and citizenship guidance - DRC

We provided information on visa issuance and citizenship requirements for the employees of a US entity operating in the... More

Reaching new heights for aerospace companies

Doing business as a defence contractor

We advised a multinational aerospace, defence, information and services company on their potential business opportunities for contracts... More

Drafting lease documents in the DRC? Our team can help you with that

Lease agreement guidance - DRC

We reviewed the legal validity of a short form lease agreement template to be used in the DRC for an American non-profit... More

Extensive legal help for military contractors

Actionable advice for American military contractor - DRC

We advised a US-based military and surveillance contractor in the DRC in respect of pricing, negotiating and operating support and... More

Access to free legal advice for NGOs on Disaster Risk Reduction laws

Advice on disaster risk reduction laws - OHADA countries

We advised a global charity working in partnership with the world's leading law firms, on the provision of free access to legal advice for... More

International share scheme advice &  in-country rules in OHADA region

Employee Benefits & Share Schemes Plan - OHADA region

We advised a client active within OHADA region, completing an initial country questionnaire/ checklist, and subsequently assisted the... More

Structuring & vessel ownership

Corporate & maritime law advice on structuring and vessel ownership

We advised a UAE-based marine services provider on structuring and vessel ownership based on corporate and maritime law applicable in Togo,... More

OHADA guide on oil & gas activities

OHADA guide on oil & gas activities

Working with a multinational law firm headquartered in London, we prepared a guide containing entry-level information for conducting oil... More

Facilitating share transfers in telecommunications

Share transfer and shareholder equity advice – DRC

We advised a major multinational telecommunications provider on their proposed share transfer in DRC and on shareholder... More

Applying good app practices

Applications implementation - DRC

We advised a South Korean multinational electronics company on various queries relating to the legal implications of launching software... More

Acquisition of hydrocarbon assets

Acquisition of hydrocarbon assets - Congo

We advised within the context of a lending agreement, an exploration, development and production of oil, gas and power company, on its... More

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