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Spotlight | DRC
Following Washington's threats, Tshisekedi presidency tries to discreetly renegotiate its Gertler deal

DRC President Félix Tshisekedi and US Secretary of State Antony Blinken. © EVELYN HOCKSTEIN / POOL / AFP

Félix Tshisekedi's presidency is using the utmost discretion to try to renegotiate the financial compensation it granted Israeli billionaire Dan Gertler 10 months ago. The US, which is threatening to impose sanctions on members of the Congolese government, has been a key player in this U-turn. [...]

Published on 21/12/2022 at 06:00 GMT Reading time 3 minutes Olivier Liffran, Joan Tilouine

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Finance, Politics, Business

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DRC
Amos Hochstein
Andre Wameso
Antony Blinken
Carter-Ruck
Dan Gertler
Felix Tshisekedi
Fleurette
Gecamines
Joe Biden
Kamoto Copper Company
Le Congo n'est pas à vendre
Office of Foreign Assets Contro

DRC
Kinshasa woos US private sector as it plans to enlarge capital city

DRC ministers are hoping to organise a round table in Washington.

Subscribers only Business 10.07.2024

DRC
Washington divided over Dan Gertler audit

US diplomat Amos Hochstein, the White House's special coordinator for energy security, is opposed to an exhaustive audit of Dan Gertler's assets. Several other officials want such a review to take place before sanctions imposed on the Israeli billionaire since 2017 are lifted.

Subscribers only Mining 10.04.2024

In Focus | DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

Africa Intelligence has seen a series of confidential documents revealing a dispute between Dan Gertler and his former Congolese lawyer. This complex file reveals the financial arrangements put in place by the Israeli billionaire to deal with US sanctions.

Subscribers only Finance, Mining 20.03.2024

Dan Gertler addresses the Congolese people on 16 November 2020.

DRC
Sanctions against Dan Gertler continue to divide Washington

The possibility of temporarily lifting sanctions against Israeli mining magnate Dan Gertler is still under discussion in Washington but is far from being unanimously supported.

Subscribers only Mining 14.03.2024

Spotlight | DRC
There's more to Gécamines' record performance than meets the eye

The state-owned company had revenue of around $1bn in 2022, even though its own production has been on the wane for years. Gécamines' directors are exploring new avenues to revive the mining of "strategic" minerals.

Subscribers only Mining 01.09.2023

Gecamines' Shituru hydrometallurgical facility, which processes copper and cobalt, outside Likasi in the southern region of Katanga, on 31 January 2013.

DRC
IMF prepares fourth review of credit programme with Kinshasa

The IMF is due to send a team to Kinshasa in the next few days to plan the continuation of its Extended Credit Facility arrangement with the DR Congo.

Subscribers only Finance, Diplomacy 07.02.2023

In Focus | DRC
The covert operation that targeted Dan Gertler's enemies around Tshisekedi

Africa Intelligence can reveal that the person who set the trap that precipitated the fall of DR Congo presidential adviser Vidiye Tshimanga had previously tried to approach the country's oil minister, Didier Budimbu. Three Israeli businessmen were also targeted.

Subscribers only Business 17.10.2022

From left: Israeli businessman Dan Gertler, DRC President Félix Tshisekedi and his former adviser Vidiye Tshimanga.

Spotlight | DRC, United States
The spectre of sanctions is closing in on the Tshisekedi presidency

The US treasury has completed its investigation into André Wameso, one of the closest advisers of the DRC president. Though nothing has yet been decided in Washington, if he is placed under sanctions, this is likely to undermine the Congolese administration in the run-up to the next elections in late 2023.

Subscribers only Diplomacy 06.10.2022

DRC
Dan Gertler made a secret trip to meet Félix Tshisekedi before Antony Blinken's arrival

Breaking news published on 11/08/22 at 18:05 - Less than 24 hours before the arrival in the DRC of the head of US diplomacy Antony Blinken, Dan Gertler visited Kinshasa. With great discretion, Washington is preparing files for possible sanctions targeting advisers of President Tshisekedi involved in the agreement with the Israeli billionaire.

Subscribers only Mining, Diplomacy 11.08.2022

Spotlight | DRC
Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

The Congolese authorities signed a second, more restricted and secretive agreement with Dan Gertler last month, in addition to the major settlement negotiated in February. Africa Intelligence is able to detail the contents of this new deal, which concerns the oil assets previously run by the businessman.

Subscribers only Energy 06.04.2022

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DRC
Amos Hochstein
Andre Wameso
Antony Blinken
Carter-Ruck
Dan Gertler
Felix Tshisekedi
Fleurette
Gecamines
Joe Biden
Kamoto Copper Company
Le Congo n'est pas à vendre
Office of Foreign Assets Contro

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Following Washington's threats, Tshisekedi presidency tries to discreetly renegotiate its Gertler deal

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Indigo Publications' websites

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Spotlight | DRC Following Washington's threats, Tshisekedi presidency tries to discreetly renegotiate its Gertler deal

This article may be accessed by subscribers

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Set up email notifications for these topics

DRC Kinshasa woos US private sector as it plans to enlarge capital city

DRC Washington divided over Dan Gertler audit

In Focus | DRC Dan Gertler's billions of dollars in royalties at heart of huge legal battle

DRC Sanctions against Dan Gertler continue to divide Washington

Spotlight | DRC There's more to Gécamines' record performance than meets the eye

DRC IMF prepares fourth review of credit programme with Kinshasa

In Focus | DRC The covert operation that targeted Dan Gertler's enemies around Tshisekedi

Spotlight | DRC, United States The spectre of sanctions is closing in on the Tshisekedi presidency

DRC Dan Gertler made a secret trip to meet Félix Tshisekedi before Antony Blinken's arrival

Spotlight | DRC Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | DRC
Following Washington's threats, Tshisekedi presidency tries to discreetly renegotiate its Gertler deal

DRC
Kinshasa woos US private sector as it plans to enlarge capital city

DRC
Washington divided over Dan Gertler audit

In Focus | DRC
Dan Gertler's billions of dollars in royalties at heart of huge legal battle

DRC
Sanctions against Dan Gertler continue to divide Washington

Spotlight | DRC
There's more to Gécamines' record performance than meets the eye

DRC
IMF prepares fourth review of credit programme with Kinshasa

In Focus | DRC
The covert operation that targeted Dan Gertler's enemies around Tshisekedi

Spotlight | DRC, United States
The spectre of sanctions is closing in on the Tshisekedi presidency

DRC
Dan Gertler made a secret trip to meet Félix Tshisekedi before Antony Blinken's arrival

Spotlight | DRC
Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement