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DRC

Attorney general Firmin Mvonde acquires luxury flats in Brussels

The prominent Congolese magistrate, who in February described the death of former minister Chérubin Okende as a suicide, recently forked out $910,000 for property in the Belgian capital.

Subscribers only Politics 22.11.2024

Spotlight
Over $1bn in 2023 emergency government spending unaccounted for

Congolese prime minister Judith Simunwa Tuluka on 13 November 2024 in Baku (Azerbaijan). © Igor Kovalenko/EPA/MaxPPP

Subscribers only Finance, Politics 21.11.2024

Finance Minister Doudou Fwamba considers issuing a eurobond

Finance Minister Doudou Fwamba Likunde is looking into issuing a eurobond, working in close collaboration with the presidential cabinet headed by Anthony Nkinzo Kamole.

Subscribers only Finance 19.11.2024

Roger Lumbala on 8 January 2013 in Kampala. © Peter Busomoke/AFP

2025 date set for Congolese warlord Roger Lumbala trial in France

The leader of the RCD-N political-military movement is charged with complicity in crimes against humanity in the DRC in the early 2000s. He has been in pre-trial detention in France for nearly five years.

Subscribers only Politics 07.11.2024

DRC portfolio minister, Jean-Lucien Bussa Tongba, during the third Turkey-Africa Economic and Business Forum in Istanbul on 21 October 2021. © Isa Terli/Anadolu via AFP

Government on mission to improve state company governance

Portfolio minister Jean-Lucien Bussa Tongba is cracking down on the tensions between the chief executives and board chairs of state companies, which are affecting their results. On his list is a clarification of their responsibilities and a first assessment of their compliance in November.

Subscribers only Mining, Politics 18.10.2024

Congolese president Félix Tshisekedi on 30 April 2024 in Paris. © Christophe Ena/Pool/EPA/MaxPPP

Spotlight
Tshisekedi's brother's dealings in Lualaba province

The Congolese leader's younger brother Christian Tshisekedi heads a company that has been in talks with the Luxembourg-based mining firm ERG to secure a concession in the rich mining province of Lualaba.

Subscribers only Mining, Politics 17.10.2024

Spotlight
Intel agency probes authenticity of data on Dan Gertler's former oil block

The DRC's national intelligence agency is investigating whether information relating to assets I and II in the Albertine Graben area, once owned by the Israeli billionaire, have been manipulated.

Subscribers only Energy 15.11.2024

Kinshasa promises to audit exceptional security spending

In view of a $2.87bn deal signed with the IMF, the Congolese government has pledged to audit the massive sums poured into the war effort in the east of the country.

Subscribers only Defence 15.11.2024

Gécamines worried by lacklustre performance of STL germanium plant

Production has fallen well short of targets.

Subscribers only Mining 08.11.2024

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

Oil and mining companies operating within CEMAC had undertaken to reach an agreement with the bloc's central bank by 1 January, but are now aiming to do so four months later.

Subscribers only Energy, Mining 05.11.2024

ECCAS in need of CFA 15bn

The Economic Community of Central African States needs to find between €22m and €27m if it is to continue to operate.

Subscribers only Diplomacy 04.11.2024

Parastatal diamond miner MIBA seeks partners to help it diversify

To relaunch Kasai's 80%-state-owned diamond concern, Jean-Charles Okoto is seeking help from his Chinese-Belgian minority shareholder Asa Resource as well as new partners. He is hoping to expand into new sectors, including nickel mining.

Subscribers only Mining 01.11.2024

Kinshasa's strategy to get Common Interest Zone up and running

Determined to assert its rights over its offshore oil resources, the Congolese government is progressing on the development of the Common Interest Zone with Angola under the lead of hydrocarbons minister Sakombi Molendo.

Subscribers only Energy 31.10.2024

Kinshasa out to save Primera Gold

In financial difficulty since the departure of its Emirati partner, the state-owned artisanal gold producer is to receive a capital injection of $25m from the Mining Fund for Future Generations.

Subscribers only Commodity traders 25.10.2024

Congo Airways CEO plays last card after his suspension

José Dubier Lueya's fate is now in the hands of the State Council, which is due to examine his appeal against his suspension as head of the national airline.

Subscribers only Business 24.10.2024

Kinshasa negotiating out-of-court settlement with Samcrete

The Congolese authorities have begun discussions with the Egyptian construction company to avoid potentially costly arbitration proceedings.

Subscribers only Business 23.10.2024

After numerous delays, US company Symbion Power is eager to finalise Lake Kivu gas project

Almost two years after winning the tender for the Makelele block, the American company Symbion Power resumed negotiations with Kinshasa in July. The Congolese PM Judith Suminwa Tuluka insists that her government is eager for the project to go ahead.

Subscribers only Energy 22.10.2024

World Bank considers extra $500m for RN2 motorway

The Bretton Woods institution is considering a further funding package of $500m for the renovation of Route Nationale 2 in the centre and east of the DRC.

Subscribers only Infrastructure 16.10.2024

Inner circles
Anthony Nkinzo, the discreet but powerful technocrat heading Tshisekedi's private office

The president's new chief of staff may lack political clout, but he has a strong business background and enjoys support from powerful government figures. During Tshisekedi's first term, the leadership of his private office was deemed erratic, and he is keen to buck that trend.

Subscribers only Politics 11.10.2024

Behind the mysterious million-dollar fees for revising 'contract of the century'

The committee that oversaw discussions to ‘rebalance' the Sicomines contract has asked the Chinese-Congolese joint venture to pay around $28m to its members.

Subscribers only Infrastructure, Mining, Politics 11.10.2024

A copper and cobalt mine run by Sicomines in Kolwezi, DRC, in May 2015.

Spotlight
Ailing Gécamines ordered to open its books

Judith Suminwa Tuluka's government is putting pressure on the state-owned mining company, whose profits have decreased. Its management is being closely scrutinised by the portfolio minister, who recently warned of 'serious misconduct' on the part of its financial director.

Free access Mining, Politics 09.10.2024

The Gécamines head-quarter in Lubumbashi, DRC, on 16 January 2021.

Inside Kinshasa's military operation to decapitate FDLR

The Congolese army has launched an operation, due to last at least six months, to neutralise the leaders of the Forces Démocratiques de Libération du Rwanda armed group, which is at the forefront of the fight against M23 rebels in eastern DRC.

Subscribers only Defence 04.10.2024

Mercuria restructures metals trading division with sights set on African copper

After defecting from Trafigura to Swiss trader Mercuria in June, Kostas Bintas was at the London Metal Exchange week.

Subscribers only Mining, Commodity traders 04.10.2024

Gécamines racks up hefty mission expenses bills

The DR Congo state-owned mining company has since April 2023 been using the services of a travel agency called Malabar Business Travel, which has billed it for several million dollars.

Subscribers only Finance, Mining 02.10.2024

Macron aims to get Luanda peace process back on track

On the sidelines of the Francophonie Summit, which opens on 4 October, the French head of state will hold separate meetings with presidents Paul Kagame and Félix Tshisekedi. The Angola-backed agreement between Kigali and Kinshasa will be at the heart of these talks.

Subscribers only Diplomacy 30.09.2024

French President Emmanuel Macron in Paris on 22 September 2024.

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Senegal
Guns and oil drive Russia's Dakar courtship

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

DRC

Attorney general Firmin Mvonde acquires luxury flats in Brussels

Spotlight
Over $1bn in 2023 emergency government spending unaccounted for

Finance Minister Doudou Fwamba considers issuing a eurobond

2025 date set for Congolese warlord Roger Lumbala trial in France

Government on mission to improve state company governance

Spotlight
Tshisekedi's brother's dealings in Lualaba province

Spotlight
Intel agency probes authenticity of data on Dan Gertler's former oil block

Kinshasa promises to audit exceptional security spending

Gécamines worried by lacklustre performance of STL germanium plant

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

ECCAS in need of CFA 15bn

Parastatal diamond miner MIBA seeks partners to help it diversify

Kinshasa's strategy to get Common Interest Zone up and running

Kinshasa out to save Primera Gold

Congo Airways CEO plays last card after his suspension

Kinshasa negotiating out-of-court settlement with Samcrete

After numerous delays, US company Symbion Power is eager to finalise Lake Kivu gas project

World Bank considers extra $500m for RN2 motorway

Inner circles
Anthony Nkinzo, the discreet but powerful technocrat heading Tshisekedi's private office

Behind the mysterious million-dollar fees for revising 'contract of the century'

Spotlight
Ailing Gécamines ordered to open its books

Inside Kinshasa's military operation to decapitate FDLR

Mercuria restructures metals trading division with sights set on African copper

Gécamines racks up hefty mission expenses bills

Macron aims to get Luanda peace process back on track

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

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

West African cocoa cartel battles with the traders

Africa in the Russia-Ukraine war

East Africa's hotly contested coffee sector

DRC

Attorney general Firmin Mvonde acquires luxury flats in Brussels

Spotlight Over $1bn in 2023 emergency government spending unaccounted for

Finance Minister Doudou Fwamba considers issuing a eurobond

2025 date set for Congolese warlord Roger Lumbala trial in France

Government on mission to improve state company governance

Spotlight Tshisekedi's brother's dealings in Lualaba province

Spotlight Intel agency probes authenticity of data on Dan Gertler's former oil block

Kinshasa promises to audit exceptional security spending

Gécamines worried by lacklustre performance of STL germanium plant

BEAC and extractive industry professionals prolong negotiations on rehabilitation funds

ECCAS in need of CFA 15bn

Parastatal diamond miner MIBA seeks partners to help it diversify

Kinshasa's strategy to get Common Interest Zone up and running

Kinshasa out to save Primera Gold

Congo Airways CEO plays last card after his suspension

Kinshasa negotiating out-of-court settlement with Samcrete

After numerous delays, US company Symbion Power is eager to finalise Lake Kivu gas project

World Bank considers extra $500m for RN2 motorway

Inner circles Anthony Nkinzo, the discreet but powerful technocrat heading Tshisekedi's private office

Behind the mysterious million-dollar fees for revising 'contract of the century'

Spotlight Ailing Gécamines ordered to open its books

Inside Kinshasa's military operation to decapitate FDLR

Mercuria restructures metals trading division with sights set on African copper

Gécamines racks up hefty mission expenses bills

Macron aims to get Luanda peace process back on track

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

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

Spotlight
Over $1bn in 2023 emergency government spending unaccounted for

Spotlight
Tshisekedi's brother's dealings in Lualaba province

Spotlight
Intel agency probes authenticity of data on Dan Gertler's former oil block

Inner circles
Anthony Nkinzo, the discreet but powerful technocrat heading Tshisekedi's private office

Spotlight
Ailing Gécamines ordered to open its books