Felix Tshisekedi

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.

DRC
Struggling Sodimico takes a hard look at its mining partnerships

The board of directors of the state-owned mining company, which has been in place for just over a year, has been reviewing the deals it has entered into in the past. And several of them are now deemed to be of dubious value.

DRC
Head of Entreprise Générale du Cobalt on charm offensive in Brussels

The boss of Gécamines' fully owned subsidiary is discussing how the EU can support its small-scale mining activities in the cobalt sector. The aim is to develop its two pilot projects in Lualaba.

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.

Congo
Sassou to meet Pope Francis and Giorgia Meloni in Rome

The Congolese president will be in Rome from 24 November for a working visit due to last several days.

Spotlight | DRC
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.

DRC
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.

The New Guard
Kenya, DRC, Nigeria

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

KenyaPeter Naituli at the summit of his game

DRCNathalie Kienga, queen of cybersecurity

NigeriaAbiola Sunmonu, Commonwealth linchpin

DRC
Gécamines worried by lacklustre performance of STL germanium plant

Production has fallen well short of targets.

Angola
João Lourenço postpones Paris trip

The Angolan president and likely next AU chairperson was due to travel to France early this month but now plans to go in January.

DRC
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.

DRC
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.