Government of the Democratic Republic of Congo Announces the Establishment of the Kinshasa Mercantile Exchange (KME)

The Democratic Republic of Congo (DRC) has announced the establishment of the Kinshasa Mercantile Exchange (KME), a $650 million initiative set to transform the nation’s economic landscape. Approved during the 24th Council of Ministers meeting, KME aims to centralize and regulate commodity and eco-asset trading while promoting transparency, efficiency, and compliance with international standards like AML, KYC, and CBAM. By leveraging blockchain technology, the exchange will foster sustainable development and attract responsible investments.

Led by Minister Guy Loando Mboyo and developed in partnership with SAGINT Inc., KME seeks to capitalize on the DRC’s abundant natural resources, including minerals, fertile land, and vast rainforests. It aligns with the United Nations Sustainable Development Goals (SDGs) and prioritizes community empowerment, economic diversification, and environmental stewardship. This project is poised to position the DRC as a global leader in commodity and environmental asset trading.

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DRC Government Launched KME Media

1. Mining and Business: Provides an overview of the KME project, highlighting its $650 million investment over ten years and its aim to position the DRC as a key player in global trade of raw materials and environmental assets. https://miningandbusiness.com/2024/12/02/rdc-la-bourse-mercantile-de-kinshasa-un-investissement-de-650-millions-usd-sur-10-ans/

2. Beto.cd: Discusses the official announcement made by President Félix Tshisekedi during the 24th Council of Ministers meeting, emphasizing the project's goals of economic modernization and diversification. https://www.beto.cd/economico/technologie-innovation/2024/12/02/rdc-tshisekedi-annonce-le-lancement-de-la-bourse-mercantile-de-kinshasa-kme.html/173866/

3. Africa News Agency: Highlights the imminent launch of the KME, focusing on the public-private partnership and the integration of advanced technologies like blockchain to ensure transparency and attract investment. https://africa-news-agency.com/drc-upcoming-launch-of-the-kinshasa-mercantile-exchange/

4. DeskEco: Reports on President Tshisekedi's announcement, detailing the project's investment size, objectives, and the government's commitment to modernizing the national economy. https://deskeco.com/2024/12/03/rdc-felix-tshisekedi-annonce-le-lancement-de-la-bourse-mercantile-estimee-650-millions-usd-pour

5. Agence Congolaise de Presse (ACP): Covers the launch of the KME project, emphasizing its role in diversifying the national economy and the government's efforts to attract responsible international investments. https://acp.cd/nation/lancement-de-la-bourse-mercantile-de-kinshasa-pour-la-diversification-de-leconomie-nationale/

6. Une.cd: Provides insights into the technological aspects of the KME, particularly the use of blockchain for regulating and ensuring the traceability of strategic resource exchanges. https://www.une.cd/rdc-felix-tshisekedi-annonce-le-lancement-de-la-bourse-mercantile-de-kinshasa-avec-sa-technologie-blockchain

7. Perfection243.net: Discusses the transformative potential of the KME project for the Congolese economy, including its expected impact on natural resource commerce. https://perfection243.net/2024/12/02/economie-rdc-felix-tshisekedi-annonce-le-lancement-de-la-bourse-mercantile-de-kinshasa-pour-optimiser-le-commerce-des-ressources-naturelles/

8. Le Quotidien RDC: Reports on President Tshisekedi's announcement, focusing on the strategic importance of the KME in the global commodities market. https://lequotidienrdc.com/felix-tshisekedi-annonce-le-lancement-de-la-bourse-mercantile-de-kinshasa-kinshasa-mercantile-exchange-kme/

9. Grands Lacs News: Highlights the government's commitment to launching the KME and its anticipated benefits for the DRC's position in global trade. https://www.grandslacsnews.com/posts/rdc-vers-le-lancement-de-la-bourse-mercantile-de-kinshasa-kme-8761

10. Journal des Nations: Provides details from the 24th Council of Ministers meeting where the KME project was announced, outlining its objectives and expected economic impact. https://journaldesnations.net/le-president-tshisekedi-annonce-le-lancement-imminent-de-la-bourse-mercantile-de-kinshasa/