Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative...Read More
Backed by tech billionaires Bill Gates and Jeff Bezos, KoBold Metals is accelerating its footprint in the Democratic Republic of Congo. With seven new lithium exploration permits granted in August...Read More
A U.S. company is injecting $700 million into an ambitious project to harness methane gas from Lake Kivu. The goal: generate hundreds of megawatts of electricity, reduce environmental risks, and...Read More
The oil giant TRADEX, a subsidiary of the Société Nationale des Hydrocarbures (SNH) of Cameroon, is expanding its activities in the Democratic Republic of Congo. With a share capital of...Read More
Cameroonian hydrocarbon giant Tradex is preparing to invest in the Congolese market. This expansion is part of an ambitious development strategy that has already borne fruit in several countries in...Read More
The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...Read More
The Central Bank of Congo (BCC) decided to keep its key rate unchanged at 25% following a meeting of its Monetary Policy Committee held on Friday May 31, 2024. Under...Read More
Judith Suminwa inherits from Sama a certain revenue performance over the first four months of 2024 but pressures on security spending, but not only, remain high. For the IMF, a...Read More
In a significant development, the French Development Agency (AFD) and the European Investment Bank (EIB) have given their preliminary approval to back the upcoming Paris Roundtable. This event, organized by...Read More
Engaged in the African Continental Free Trade Area (AfCFTA), the DRC will not be able to take full advantage of it for commercial purposes unless measures are taken to reverse...Read More
In figures, this economic growth was only 1.7%, whereas it had crossed 4.4% in 2019. This low growth rate was possible with the performance recorded on the mining site in...Read More
The General Inspectorate of Finance (IGF) reports poor public revenue mobilization during this period. More worryingly, the situation is not set to improve with the latest measures adopted by the...Read More
Mashamba is also a flour mill that collects the harvested corn, then grinds it and packaging it in 25 kg flour sacks. Mashamba flour is consumed in the Katanga area...Read More
Sama Lukonde, affirms the Governor of the BCC, "must bet everything on the necessary reforms which should significantly increase the mobilization of public revenues in order to cope with the...Read More
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