Kinshasa/London — For the first time in more than two decades, the Democratic Republic of Congo (DRC), the largest country by land mass in Sub-Saharan Africa and a repository of some of the world’s richest mineral reserves, is no longer run by a member of the Kabila family. At a grand inauguration ceremony in Kinshasa last Thursday, before a huge crowd of supporters, many of them dressed in white to denote change, Joseph Kabila stepped down as president — as he was constitutionally obliged to do more than two years ago. This brought to an end, at least theoretically, the Kabila dynasty, which began when his father, Laurent-Désiré, seized power in 1997 from long-time dictator Mobutu Sese Seko. Since the assassination of his father in 2001, Joseph, still only 47, has run the country. During that time, he has clawed the DRC back from outright civil war and attracted billions of dollars in mining investment from western and Chinese companies. But he has failed to bring about genuine sta...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now