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Spotlight | DRC
Plantations et Huileries du Congo caught up in battle between state and shareholders

Nigeria's Wale Adeosun and the DRC's Kalaa Mpinga.
Nigeria's Wale Adeosun and the DRC's Kalaa Mpinga. © Kuramo Capital Management//Jérôme Chatin/Expansion-REA
This prominent agricultural and industrial company may have bounced back, but the architects of this success, Wale Adeosun and Kalaa Mpinga, who previously worked well together, are now at war. The firm's board has not had its accounts audited since 2021 and has not approved Julia Luhonga's appointment as its chair by the ministry in charge of state assets. Kinshasa is irked. [...]
Published on 13.06.2024 at 04:40 GMT Reading time 6 minutes Christophe Le Bec
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