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DRC
A 'dam' fine war over Grand Inga among Tshisekedi's advisors

Read this article in our running story

“Kinshasa's pan-African plans for Grand Inga”

DRC

Kinshasa's pan-African plans for Grand Inga

Although their construction is being hampered by the very scale of the project in which they figure, the huge Inga III and Inga VIII hydroelectric dams offer the prospect of being able to generate tens of thousands of megawatts of electricity. Congolese president Félix Tshisekedi, whose standing at home has been weakened by his dispute with his predecessor Joseph Kabila, is trying to position himself as the harbinger of a project capable of providing electricity for the entire African continent. To do so, he needs to find the right candidates among the hordes of investors milling at his door. [...]

DRC President Félix Tshisekedi. © Gao Junya/Xinhua News Agency/Newscom/MaxPPP

Australian mining company Fortescue, backed by special advisor Alexy Kayembe, is Félix Tshisekedi's favourite for Grand Inga... for now. But two other advisors continue to make moves to take control of the colossal dam project. [...]

Published on 15/02/2021 at 06:00 GMT Reading time 4 minutes

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Energy, Politics

Read this article in our running story

“Kinshasa's pan-African plans for Grand Inga”

DRC

Kinshasa's pan-African plans for Grand Inga

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DRC
Adebayo Ogunlesi
African Union
Agence pour le Developpement et la Promotion du projet Grand Inga
Agenda 2063
Alexis Kohler
Alexy Kayembe de Bampende
Andritz Hydro
Angela Merkel
Bronte Moules
Bruno Kapandji Kalala
Covid-19
Dereck Armstrong
Ecole nationale d'administration
EDF
Evelyne Stirn
Felix Tshisekedi
Fortescue Metals Group
Gernot Wagner
Global Infrastructure Partners
International Finance Corporation
Jean-Claude Kabongo
Jean-Claude Kabongo on the move
Jin-Yong Cai
Joseph Kabila
Liedekerke
Nicolas Kazadi
OL Consult
Olivier Tshilumba Chekinah
Postal Savings Bank of China
Siemens
State Power Investment Corp
The Inga Unified Consortium
Wang Yi
World Bank group
Xi Jinping

DRC
World Bank puts pressure on Kinshasa

Three projects funded by the World Bank to the tune of a billion dollars face possible interruption. The international institution is unhappy with DR Congo President Félix Tshisekedi's decision to dissolve the country's social fund and replace it with a new entity.

Subscribers only Politics 16.05.2023

DRC
Westminster Group grows impatient over $200m airports contract

The British security services group is still waiting to implement a US$200m deal to secure five airports in the country it signed two years ago with the DRC's air transport authority.

Subscribers only Business 10.04.2023

Africa
South Africa, Seychelles, Comoros and Egypt

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Subscribers only Energy, Politics, Business, Diplomacy 29.03.2023

Egypt
Sisi makes last-ditch attempt to assert his leadership in Africa before COP27

The continent's finance, economy, environment and development ministers have been invited for talks in Sharm el-Sheikh from 8 to 9 September to find a common position ahead of the COP27. In the run-up to the international climate summit, the Egyptian president has made all kinds of efforts to establish himself as the leader of the pack.

Subscribers only Diplomacy 02.09.2022

DRC
Despite Tony Blair's insistence, GIP finally says no to the Grand Inga project

The US-based Global Infrastructures Partners, owned by Nigerian businessman Adebayo Ogunlesi, has finally decided not to get involved in the scheme to build vast dams on the mighty Congo river.

Subscribers only Energy, Mining 29.06.2022

Spotlight | DRC
Fortescue in Kinshasa to stake its claim to Grand Inga as rivals circle

As a rival project takes shape in Paris, the Australian miner Fortescue is going all out to secure the lead role in the development of mega-dams on the River Congo.

Subscribers only Energy, Mining, Business 09.06.2022

The prime minister of the DRC, Sama Lukonde Kyenge, received a delegation from Fortescue led by Julie Shuttleworth, CEO of Fortescue Future Industries, in Kinshasa on 30 May 2022.

Spotlight | DRC
Doha and Kinshasa finally consolidate ties

Investments from Qatar in DR Congo are expected to be announced shortly. Félix Tshisekedi is also preparing to open his first embassy in Qatar.

Subscribers only Business 24.05.2022

The Congolese President Felix Tshisekedi during a visit to Doha International Airport.

DRC
Global Sovereign Advisory acts as sherpa for Tshisekedi in Washington

Global Sovereign Advisory, a small French boutique bank, is helping Kinshasa in its talks with the World Bank and the International Monetary Fund.

Subscribers only Business 16.05.2022

Sierra Leone
World Bank's IFC backs Freetown's quest for mining transparency

The International Finance Corporation is set to help Sierra Leone improve transparency and communications in the extractive sector, in line with the government's ambition to attract more investment.

Subscribers only Mining 12.04.2022

DRC
The IFC comes to the rescue of the Maluku Special Economic Zone

Despite getting fresh backing from the World Bank's International Finance Corporation, the Maluku Special Economic Zone is struggling to take off.

Subscribers only Business 02.02.2022

DRC
CapitalKeys' ploy to make Kinshasa pay

After lodging an appeal last June, CapitalKeys is attempting some rather backhanded ways of recovering $16.6m in fees from the DRC.

Subscribers only Business 17.01.2022

DRC
Kinshasa struggling to make the Jeux de la Francophonie deadline

As the official launch date on 19 August 2022 of the 9th edition of the Jeux de la Francophonie approaches, the Congolese government, which is hosting the event in Kinshasa, is making a last-ditch attempt to keep the games.

Subscribers only Politics 05.01.2022

Isidore Kwandja Ngembo, director of the 9th edition of the Jeux de la Francophonie, with Zeina Mina, director of the International Committee of the Jeux de la Francophonie.

DRC
COP26: Between Grand Inga and DRC forestry capital, Félix Tshisekedi attempts grand slam in Glasgow

The DRC presidency has come out in force at the climate summit in Glasgow and is looking to give substance to its carbon reduction projects. Its main asset, the construction of the Grand Inga, will be the subject of a behind-the-scenes meeting with the African Union.

Subscribers only Infrastructure, Diplomacy 03.11.2021

Democratic Republic of the Congo's President Felix Tshisekedi arrives for the UN Climate Change Conference (COP26) in Glasgow.

DRC
Transport company SCTP, a social ticking time bomb

The future of SCTP, the public company that manages the port of Matadi among others, is a source of great concern to the DRC authorities.

Subscribers only Infrastructure, Business 01.11.2021

The port of Matadi in the DRC is managed by the Société congolaise des transports et des ports (SCTP).

Kenya
Kenya Power's finances raise alarm bells among lenders

Kenya Power and Lighting Co's financial backers, starting with the World Bank, will be keeping a close eye on the power distributor's efforts to turn around significant losses.

Subscribers only Energy, Business 14.09.2021

DRC
Miga to the rescue of North Kivu's solar plans

Nuru (formely Kivu Green Energy), a DRC electricity company which is already active in North Kivu where it manages two solar mini-off-grids, has plans to expand in the area to raise its total output to 15.

Subscribers only Energy, Business 09.09.2021

Tanzania
Dar es-Salaam rail freight project still waiting for rolling stock

The planned start this year of a block train service between Dar-es-Salaam and Isaka 970 km to the west, where there is a dry port serving neighbouring countries, looks likely to be delayed.

Subscribers only Infrastructure, Business 06.09.2021

Cape Verde
Cape Verde gets World Bank help to privatise its electricity company

The World Bank is to assist the government of Cape Verde to privatise national electricity company Electra by footing a $2m bill for consultancy services.

Subscribers only Energy, Business 24.08.2021

DRC
China's Three Gorges definitively ousted from Grand Inga

Three years after Chinese state-owned firm Three Gorges signed a contract with Joseph Kabila's government, the company has been told it will no longer be given exclusive rights to develop the Inga III dam.

Subscribers only Energy, Business 16.08.2021

DRC
Tony Blair expresses private reservations over Fortescue's monopoly on Grand Inga

The former British prime minister, whose Tony Blair Institute has been helping the DRC to develop its economic strategy, has warned President Tshisekedi against allowing the Australian giant Fortescue to be in sole charge of the development of the Grand Inga mega-dams.

Subscribers only Business 26.07.2021

Former British Prime Minister Tony Blair.

Djibouti, DRC
Fortescue hopes to score double on hydrogen

Australian mining magnate Fortescue, which is scouring the continent for renewable energy projects, has its sights set on a large-scale hydrogen project in Djibouti.

Subscribers only Energy, Mining, Business 21.06.2021

Inner circles | DRC
The temporal power of Tshisekedi's pastors

The deeply devout president has a handful of Pentecostal pastors among his team of advisors, who are not shy about wading into the political, diplomatic and economic arenas.

Subscribers only Politics 18.06.2021

DRC
AfDB wants Inga III mega-dam project put out to tender

The African Development Bank is in talks with DRC authorities over its support for one of the vast Grand Inga project hydro-electric dams and is keen to see companies compete to develop it. At stake is some $55m in financing and the bank's seal of approval.

Subscribers only Energy, Business 02.06.2021

DRC
Tshisekedi ready for digital revolution if it pleases major financial backers

The DRC's president is actively demonstrating his support of digitalising the nation's administration to reduce fraud and waste. He also hopes to appease his financial partners.

Subscribers only Diplomacy 01.06.2021

In Focus | DRC
How Orrick's former star Africa lawyer dodged sexual abuse allegations and rebuilt his practice

Star attorney Pascal Agboyibor was abruptly fired by US law firm Orrick in 2019 amid allegations of rape and sexual harassment which are still being investigated by the Paris bar association. The Togolose lawyer, who denies the accusations, has quickly bounced back in DRC, where his own new firm has won lucrative government contracts.

Subscribers only Business 31.05.2021

Attorney Pascal Agboyibor founded Asafo & Co shortly after being ousted from the US firm Orrick in 2019.

DRC
Blair Institute delivers economic policy plan for Tshisekedi's new government

With two years left of his presidential term, Félix Tshisekedi wants to define the shape of the DRC's economic policy through to 2030 and the Tony Blair Institute for Global Change has drafted report to help with the task.

Subscribers only Business 26.05.2021

DRC
Games budget soars as head honcho awards village contract without tender

Didier Tshiyoyo, the man suddenly in sole charge of the Francophone Games, has bypassed normal procurement procedures to get the athletes' village built in a no-bid contract worth $113m, more than the events' entire original budget.

Subscribers only Politics 21.05.2021

DRC
Huafei Energy Investment keen to get cracking on Kalumba and Kibombo power plants

The private Chinese company Huafei Energy Investment has great expectations for its Kalumba and Kibombo dams, whose combined power could exceed 800 MW.

Subscribers only Energy, Business 17.05.2021

Burkina Faso
Transparency may shed harsh light on Burkina Faso's politicians

Ouagadougou is determined to disclose the identities of minor shareholders in Burkina Faso's mining companies, much to the dismay of the political class.

Subscribers only Mining 04.05.2021

West Africa
IFC finances Ruggieri family's African hotels

Weighed down by Covid-19, the Ruggieri business dynasty's Onomo hotel network has received a loan from the World Bank's sister institution, the International Finance Corporation.

Subscribers only Finance, Business 30.04.2021

DRC
New cabinet make-up suggests new trajectory for Grand Inga

The Congolese president will likely reassert his control over the handling of the mega-dam, leaving little room for his new ministers to have much political sway.

Subscribers only Energy, Business 16.04.2021

Egypt
Former minister Dalia Khorshid takes root in Mauritius with new consultancy business

Egyptian businesswoman Dalia Khorshi, who has worked for the Sawiris' holding company Orascom, set up a new business in Mauritius in mid-March. This venture comes on top of the entrepreneur's secret services investment fund, Eagle Capital, and consultancy in Cairo.

Subscribers only Finance, Business 29.03.2021

Egyptian former investment minister Dalia Khorshid.

Uganda
Mota-Engil sinks deeper in Tororo-Kamdini ordeal

Many obstacles remain before the Portuguese company can resume construction on the Tororo-Kamdini highway, which has been at a standstill for the past year and a half as problems with the Oruja quarry persist.

Subscribers only Infrastructure, Business 26.03.2021

Senegal
State, Meridiam negotiate busway concession contract

As good progress is being made building the lanes for Dakar's bus rapid transit system, the Senegalese government is trying to make up for the delays in the operational side of the project, which is set to be entrusted to a French consortium including Meridiam.

Subscribers only Infrastructure, Business 23.03.2021

DRC
Tshisekedi strives for unity among his advisors over Grand Inga

Félix Tshisekedi wants key players in the Grand Inga project to work in sync, while his special infrastructure advisor rushes ahead with Australian firm Fortescue to develop the mega-dams.

Subscribers only Energy, Business 22.03.2021

DRC
Fortescue in Kinshasa to negotiate Grand Inga mega-contract

Executives from the Australian mining giant Fortescue have flown into the Congolese capital to discuss the modalities of a deal to generate a total 70 gigawatts of electricity in the country. Their trip comes as President Félix Tshisekedi prepares to choose between the various bidders for the Grand Inga project.

Subscribers only Energy, Business 11.03.2021

China, DRC
Beijing beckons to Tshisekedi

Xi Jinping's regime has invited the Congolese head of state to visit Beijing later this spring to discuss economic cooperation between the two countries. The invitation comes as Washington, which has made a dramatic return to the DRC since the election of Felix Tshisekedi, is closely scrutinizing Chinese activity in the country.

Subscribers only Diplomacy 05.03.2021

In Focus | DRC
Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

As well as being the DRC's ambassador to the business world, Felix Tshisekedi's influential special adviser is careful to take care of his own oil product trading interests. In this area, he relies on the close links he has forged with members of the Sassou Nguesso family.

Subscribers only Politics, Business 01.03.2021

DRC
Katumbi ally Prince Kihangi resumes hostilities against Alphamin over Nord Kivu tin mining

North Kivu activist Prince Kihangi, who recently became an MP, has been battling for years with tin mining company Alphamin. In January, however, he took his grievances to the DRC mines minister just as Moïse Katumbi, whom he supports, is forging closer relations with President Félix Tshisekedi.

Subscribers only Mining 01.03.2021

DRC
Sama Lukonde envisages a 50-strong government

The Congolese prime minister Sama Lukonde Kyenge, who has just embarked on consultations to form his new administration, is envisaging several possibilities.

Subscribers only Politics 26.02.2021

Spotlight | DRC, Southern Africa
Copperbelt mineral exports dry up after hike in cross-border tolls

Several haulage companies have stopped exporting minerals mined in the DRC and are restricting themselves to transport operations within the country, claiming that tolls imposed when crossing into Zambia are prohibitively high.

Subscribers only Mining 26.02.2021

Senegal
Macky Sall launches all-out diplomatic offensive as he prepares to take over as Africa Union chair

With just a year to go before he becomes chairperson of the African Union, Senegalese head of state Macky Sall has started to give the first indications of his plans for the continent.

Subscribers only Diplomacy 26.02.2021

DRC
Blueprint of SPIC's plans for aluminium plant in Kongo Central

State Power Investment Corp plans source the bauxite it will need for the colossal aluminum plant it is trying to build in Kongo Central from its Coliah mine in Guinea.

Subscribers only Mining 25.02.2021

Kenya
Tavaziva Madzinga gets off to a tricky start at the head of Britam

Executives at Kenyan insurance giant Britam were so put out by Zimbabwean national Tavaziva Madzinga being parachuted in to head the company that they forced the previous incumbent, Benson Wairegi, to postpone his retirement so as to ensure a smooth transition.

Subscribers only Business 22.02.2021

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DRC
Adebayo Ogunlesi
African Union
Agence pour le Developpement et la Promotion du projet Grand Inga
Agenda 2063
Alexis Kohler
Alexy Kayembe de Bampende
Andritz Hydro
Angela Merkel
Bronte Moules
Bruno Kapandji Kalala
Covid-19
Dereck Armstrong
Ecole nationale d'administration
EDF
Evelyne Stirn
Felix Tshisekedi
Fortescue Metals Group
Gernot Wagner
Global Infrastructure Partners
International Finance Corporation
Jean-Claude Kabongo
Jean-Claude Kabongo on the move
Jin-Yong Cai
Joseph Kabila
Liedekerke
Nicolas Kazadi
OL Consult
Olivier Tshilumba Chekinah
Postal Savings Bank of China
Siemens
State Power Investment Corp
The Inga Unified Consortium
Wang Yi
World Bank group
Xi Jinping

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Kinshasa's pan-African plans for Grand Inga

DRC A 'dam' fine war over Grand Inga among Tshisekedi's advisors

Kinshasa's pan-African plans for Grand Inga

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Kinshasa's pan-African plans for Grand Inga

Set up email notifications for these topics

DRC World Bank puts pressure on Kinshasa

DRC Westminster Group grows impatient over $200m airports contract

Africa South Africa, Seychelles, Comoros and Egypt

Egypt Sisi makes last-ditch attempt to assert his leadership in Africa before COP27

DRC Despite Tony Blair's insistence, GIP finally says no to the Grand Inga project

Spotlight | DRC Fortescue in Kinshasa to stake its claim to Grand Inga as rivals circle

Spotlight | DRC Doha and Kinshasa finally consolidate ties

DRC Global Sovereign Advisory acts as sherpa for Tshisekedi in Washington

Sierra Leone World Bank's IFC backs Freetown's quest for mining transparency

DRC The IFC comes to the rescue of the Maluku Special Economic Zone

DRC CapitalKeys' ploy to make Kinshasa pay

DRC Kinshasa struggling to make the Jeux de la Francophonie deadline

DRC COP26: Between Grand Inga and DRC forestry capital, Félix Tshisekedi attempts grand slam in Glasgow

DRC Transport company SCTP, a social ticking time bomb

Kenya Kenya Power's finances raise alarm bells among lenders

DRC Miga to the rescue of North Kivu's solar plans

Tanzania Dar es-Salaam rail freight project still waiting for rolling stock

Cape Verde Cape Verde gets World Bank help to privatise its electricity company

DRC China's Three Gorges definitively ousted from Grand Inga

DRC Tony Blair expresses private reservations over Fortescue's monopoly on Grand Inga

Djibouti, DRC Fortescue hopes to score double on hydrogen

Inner circles | DRC The temporal power of Tshisekedi's pastors

DRC AfDB wants Inga III mega-dam project put out to tender

DRC Tshisekedi ready for digital revolution if it pleases major financial backers

In Focus | DRC How Orrick's former star Africa lawyer dodged sexual abuse allegations and rebuilt his practice

DRC Blair Institute delivers economic policy plan for Tshisekedi's new government

DRC Games budget soars as head honcho awards village contract without tender

DRC Huafei Energy Investment keen to get cracking on Kalumba and Kibombo power plants

Burkina Faso Transparency may shed harsh light on Burkina Faso's politicians

West Africa IFC finances Ruggieri family's African hotels

DRC New cabinet make-up suggests new trajectory for Grand Inga

Egypt Former minister Dalia Khorshid takes root in Mauritius with new consultancy business

Uganda Mota-Engil sinks deeper in Tororo-Kamdini ordeal

Senegal State, Meridiam negotiate busway concession contract

DRC Tshisekedi strives for unity among his advisors over Grand Inga

DRC Fortescue in Kinshasa to negotiate Grand Inga mega-contract

China, DRC Beijing beckons to Tshisekedi

In Focus | DRC Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

DRC Katumbi ally Prince Kihangi resumes hostilities against Alphamin over Nord Kivu tin mining

DRC Sama Lukonde envisages a 50-strong government

Spotlight | DRC, Southern Africa Copperbelt mineral exports dry up after hike in cross-border tolls

Senegal Macky Sall launches all-out diplomatic offensive as he prepares to take over as Africa Union chair

DRC Blueprint of SPIC's plans for aluminium plant in Kongo Central

Kenya Tavaziva Madzinga gets off to a tricky start at the head of Britam

DRC Tony Blair Institute set to provide consultancy services to Tshisekedi

DRC Gigawatts and metal ores: what Fortescue pitched to Tshisekedi

DRC Kinshasa tries to persuade French companies to get on board Inga III

DRC German businessman Gernot Wagner hopes Inga III will lead to hydrogen plant, but Kinshasa unconvinced

DRC Chinese firms omnipresent in new Inga III consortium

DRC Fund manager Global Infrastructure Partners wants in on Grand Inga dam project

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Ivory Coast
French investigation sends tremors through Abidjan's political class

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

DRC
A 'dam' fine war over Grand Inga among Tshisekedi's advisors

DRC
World Bank puts pressure on Kinshasa

DRC
Westminster Group grows impatient over $200m airports contract

Africa
South Africa, Seychelles, Comoros and Egypt

Egypt
Sisi makes last-ditch attempt to assert his leadership in Africa before COP27

DRC
Despite Tony Blair's insistence, GIP finally says no to the Grand Inga project

Spotlight | DRC
Fortescue in Kinshasa to stake its claim to Grand Inga as rivals circle

Spotlight | DRC
Doha and Kinshasa finally consolidate ties

DRC
Global Sovereign Advisory acts as sherpa for Tshisekedi in Washington

Sierra Leone
World Bank's IFC backs Freetown's quest for mining transparency

DRC
The IFC comes to the rescue of the Maluku Special Economic Zone

DRC
CapitalKeys' ploy to make Kinshasa pay

DRC
Kinshasa struggling to make the Jeux de la Francophonie deadline

DRC
COP26: Between Grand Inga and DRC forestry capital, Félix Tshisekedi attempts grand slam in Glasgow

DRC
Transport company SCTP, a social ticking time bomb

Kenya
Kenya Power's finances raise alarm bells among lenders

DRC
Miga to the rescue of North Kivu's solar plans

Tanzania
Dar es-Salaam rail freight project still waiting for rolling stock

Cape Verde
Cape Verde gets World Bank help to privatise its electricity company

DRC
China's Three Gorges definitively ousted from Grand Inga

DRC
Tony Blair expresses private reservations over Fortescue's monopoly on Grand Inga

Djibouti, DRC
Fortescue hopes to score double on hydrogen

Inner circles | DRC
The temporal power of Tshisekedi's pastors

DRC
AfDB wants Inga III mega-dam project put out to tender

DRC
Tshisekedi ready for digital revolution if it pleases major financial backers

In Focus | DRC
How Orrick's former star Africa lawyer dodged sexual abuse allegations and rebuilt his practice

DRC
Blair Institute delivers economic policy plan for Tshisekedi's new government

DRC
Games budget soars as head honcho awards village contract without tender

DRC
Huafei Energy Investment keen to get cracking on Kalumba and Kibombo power plants

Burkina Faso
Transparency may shed harsh light on Burkina Faso's politicians

West Africa
IFC finances Ruggieri family's African hotels

DRC
New cabinet make-up suggests new trajectory for Grand Inga

Egypt
Former minister Dalia Khorshid takes root in Mauritius with new consultancy business

Uganda
Mota-Engil sinks deeper in Tororo-Kamdini ordeal

Senegal
State, Meridiam negotiate busway concession contract

DRC
Tshisekedi strives for unity among his advisors over Grand Inga

DRC
Fortescue in Kinshasa to negotiate Grand Inga mega-contract

China, DRC
Beijing beckons to Tshisekedi

In Focus | DRC
Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

DRC
Katumbi ally Prince Kihangi resumes hostilities against Alphamin over Nord Kivu tin mining

DRC
Sama Lukonde envisages a 50-strong government

Spotlight | DRC, Southern Africa
Copperbelt mineral exports dry up after hike in cross-border tolls

Senegal
Macky Sall launches all-out diplomatic offensive as he prepares to take over as Africa Union chair

DRC
Blueprint of SPIC's plans for aluminium plant in Kongo Central

Kenya
Tavaziva Madzinga gets off to a tricky start at the head of Britam

DRC
Tony Blair Institute set to provide consultancy services to Tshisekedi

DRC
Gigawatts and metal ores: what Fortescue pitched to Tshisekedi

DRC
Kinshasa tries to persuade French companies to get on board Inga III

DRC
German businessman Gernot Wagner hopes Inga III will lead to hydrogen plant, but Kinshasa unconvinced

DRC
Chinese firms omnipresent in new Inga III consortium

DRC
Fund manager Global Infrastructure Partners wants in on Grand Inga dam project