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DRC
DRC Congo banks consolidate oil company debt repayment mechanism

The financial package this time involves $282m from the massive subsidy lines for petroleum products designed to keep pump prices in check. [...]

Published on 18/12/2024 at 05:40 GMT

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Finance, Energy

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DRC
Ecobank RDC
EquityBCDC
FBN Bank
Felix Tshisekedi
Rawbank
Standard Bank
Trade and Development Bank

Spotlight | DRC
Kinshasa strikes risky deal with Dan Gertler via Afriland bank

Afriland bank's DR Congo subsidiary, which is under provisional administration by the country's central bank and is in arbitration proceedings, may have one final use. The government may use it in a risky financial deal that would benefit Israeli tycoon Dan Gertler.

Subscribers only Finance, Mining 16.12.2024

The head office of Afriland First Bank, in Kinshasa, in April 2021.

DRC
Kinshasa turns to private banks to repay oil companies

Banks are reactivating a financial package tested in 2023 and which helped avoid a fuel crisis so the Congolese government can repay $385m in subsidy arrears to oil operators.

Subscribers only Finance, Energy 02.08.2024

DRC
Government at odds over repaying its oil debts

Several senior figures in the DRC administration are against proposed arrangements for reimbursing $438m that was used to subsidise petrol prices in 2022. But failure to find a rapid solution could result in fuel shortages and unwanted political consequences.

Subscribers only Finance, Energy, Politics 09.11.2023

DRC
Infuriated by "judical harrassment", banks set to appeal to Tshisekedi

The Association congolaise des banques, which assembles all the country's banks is preparing to call on DRC President Félix Tshisekedi regarding the administrative and above all judicial harassment of which its members feel they are victims.

Subscribers only Finance 04.04.2023

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DRC
Ecobank RDC
EquityBCDC
FBN Bank
Felix Tshisekedi
Rawbank
Standard Bank
Trade and Development Bank

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DRC
DRC Congo banks consolidate oil company debt repayment mechanism

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Spotlight | DRC
Kinshasa strikes risky deal with Dan Gertler via Afriland bank

DRC
Kinshasa turns to private banks to repay oil companies

DRC
Government at odds over repaying its oil debts

DRC
Infuriated by "judical harrassment", banks set to appeal to Tshisekedi

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DRC DRC Congo banks consolidate oil company debt repayment mechanism

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Spotlight | DRC Kinshasa strikes risky deal with Dan Gertler via Afriland bank

DRC Kinshasa turns to private banks to repay oil companies

DRC Government at odds over repaying its oil debts

DRC Infuriated by "judical harrassment", banks set to appeal to Tshisekedi

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

DRC
DRC Congo banks consolidate oil company debt repayment mechanism

Spotlight | DRC
Kinshasa strikes risky deal with Dan Gertler via Afriland bank

DRC
Kinshasa turns to private banks to repay oil companies

DRC
Government at odds over repaying its oil debts

DRC
Infuriated by "judical harrassment", banks set to appeal to Tshisekedi