15/09/2024
WHY IS KASUMBALESA THE LARGEST MARKET IN CENTRAL AFRICA?.
1. TRANSACTIONS: Every day more than a billion US dollars ($1 billion) cross the border between Zambia and the Democratic Republic of Congo, compared to other markets such as South Africa, Botswana, Namibia, Malawi, Zimbabwe, Mozambique, etc., the Kasumbalesa market remains the essential marketplace in Central Africa for banking transactions and cash.
2. WHERE DOES THIS TURNOVER OF MORE THAN $1 BILLION COME FROM?.
* AGRICULTURAL PRODUCTS, GROCERIES, ELECTRONICS, AND OTHERS
More than 4,000 goats are sold in Kasumbalesa every day.
More than 3,000 pigs are sold in Kasumbalesa every day.
More than 500,000 trays of eggs sold in Kasumbalesa every day.
More than 150,000 bags of mealie meal sold in kasumbalesa every day.
More than 10,000 boxes of fresh fish sold in kasumbalesa.
More than $5 million in the purchase of products such as (drinks, biscuits, spices, flour, rice etc.).
More than 50,000 chickens sold every Tuesday and Friday in kasumbalesa.
More than 5,000 boxes (100kg) of dry fish sold every day in kasumbalesa.
More than 10,000 bags (50kg) of dry products sold every day in kasumbalesa such as (beans, groundnut, soybeans, etc.)
More than $500,000 in the purchase of green products such as (cabbages, onion, chili, Okra, oranges, apple, lemon, watermelon, garlic, etc.).
Every day more than 1,000 trucks cross the border to DR Congo, and return to Zambia with minerals every day.
More than 200 restaurants, more than 20 guest houses, more than 500 mobile money working in Kasumbalesa every day.
More than 100,000kg (100 tons) of fresh meat sold by butchers in Kasumbalesa every day.
Every day more than $100,000 dollars is invested in electronics such as (phones, televisions, freezers, and other furniture).
There are other activities that are not mentioned in this article such as transport, small traders (resellers), clothing trade, money changers, unloaders, sales agents, not to mention the terraces, nightclubs, more than 500 prostitutes who work every night in Kasumbalesa coming from different countries of Central Africa.
IN BRIEF: When we talk about kasumbalesa, we see all the economic operators coming from all over the world (China, India, America, England, South Africa, Botswana, Namibia, Malawi, Zimbabwe, Congo, Angola, all for a common goal to take advantage of the opportunities offered by the kasumbalesa market, and every day everyone always returns with something in their pocket, and every day there are those who return happy, and those who return unhappy, with the hope of doing better tomorrow, the biggest secret of kasumbalesa remains (TIMING, CONNECTIONS, AND QUALITY).
Mr Ng'andu
Analysis done on the ground since 2012, until today 2024 by Mr Ng'andu
This information is reliable, and verifiable.
For consultation, transportation, customs clearance, agents in kasumbalesa, business in Congo side contact us.
Contact Mr N'gandu's team.
Madam Mary +260967363711
Mr Terrence +260969528780.
CREDIT: Kasumbalesa Zambia/DR Congo Business