Congo’s Franc Gains Ground as Central Bank Injects $150 Million

President Tshisekedi leads economic crisis meeting, calls for lower food and fuel prices as currency strengthens.

The Congolese franc (CDF) has registered its first significant appreciation in history, following a $150 million injection by the Central Bank of Congo (BCC) into the local market. This monetary operation, carried out by newly appointed BCC Governor André Wameso, marks a critical milestone in efforts to stabilize the national currency and curb dollarization.

Currency Strengthening Strategy Underway

The foreign exchange operation follows the correction of the prudential coefficient, a monetary policy tool designed to boost confidence in the Congolese franc. Two additional corrections are planned, one in December 2025 and another in February 2026, as part of a long-term plan to reduce the dominance of the U.S. dollar in Congo’s economy.

“This is the first time since its creation that the Congolese franc has appreciated in real terms,” said an official at the Central Bank.

President Tshisekedi Chairs High-Level Economic Meeting

On Wednesday, President Félix Tshisekedi convened a high-level economic meeting at the City of the African Union headquarters to assess the impact of the currency’s appreciation on consumer prices and purchasing power.

Attendees included:

• Prime Minister Judith Suminwa

• Deputy Prime Ministers in charge of the Budget and the National Economy