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๐Ÿ‡จ๐Ÿ‡ฉ DR Congo /Economy & Trade

Fuel Prices Skyrocket in Beni, Threatening Local Economy

From Radio Okapi · (10m ago) French Critical tone

Translated from French, summarized and contextualized by DistantNews.

TLDR

  • The price of fuel in Beni, Democratic Republic of Congo, has surged from 3,000 to 21,000 Congolese francs per liter in one week.
  • Drivers are forced to buy from informal vendors due to a lack of regular supply, leading many motorcycle taxi drivers to stop working.
  • This price hike is paralyzing local economic activities, particularly affecting farmers who are appealing to the government for intervention.

The situation in Beni, North Kivu, has become untenable as fuel prices have skyrocketed by 700% in a single week, jumping from 3,000 to 21,000 Congolese francs per liter. This dramatic increase, driven by irregular supply at official stations and a reliance on informal 'Kadhafi' vendors, has crippled transportation and local economies. Many motorcycle taxi drivers, the lifeblood of urban transport in Beni, have been forced to ground their vehicles, deeming the business unprofitable. The impact is particularly severe on farmers, who struggle to reach their fields, threatening food security and local livelihoods. The Federation of Congolese Enterprises (FEC) and oil operators are deflecting responsibility to the central government, citing new taxes within the SYDONIA customs system. The frustration is palpable, with one farmer warning of potential public unrest and road blockades if the government does not intervene. This crisis highlights the fragility of the local economy and the urgent need for governmental action to stabilize fuel prices and prevent further hardship for the population.

Look at the life we are leading today. May the government help us to lower the price of fuel. At this rate, people may revolt and even block the roads. That is why all the motorcyclists have left their motorcycles at home.

โ€” a farmerA farmer describes the dire economic situation and the potential for public unrest due to the soaring fuel prices in Beni.
DistantNews Editorial

Originally published by Radio Okapi in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.