Category Archives: Democratic Republic of the Congo

ANAPI and Dubai FDI sign a Memorandum of Understanding to promote the expansion of trade and investment between the DRC and the United Arab Emirates

DUBAI – On the sidelines of the participation of the Democratic Republic of Congo in the Expo 2020 Dubai, the National Investments Promotion Agency of the DRC (ANAPI), represented by its Director General, Mr. Anthony Nkinzo Kamole, and Dubai Investment Development Agency (Dubai FDI), represented by its Chief Executive Officer, His Excellency Mr. Fahad Al […]

African climate innovators dominate global climate prize at COP26

Four African climate innovators were named as winners at 2021’s presigious Ashden Awards held on November 4 at the global climate summit COP26 in Glasgow, UK. Three more of the continent’s low carbon pioneers were announced as runners up. The Ashden Awards honour pioneering organisations from the UK and low-income countries lowering carbon emissions and […]

Invest in DR Congo Forum held at Expo 2020 Dubai

The Invest in the Democratic Republic of Congo Forum addressed major investment opportunities within the country, and brought together stakeholders to discuss policies and ideas, in order to bring in FDI towards DR Congo, at the Expo 2020, Dubai, UAE. The Invest in the Democratic Republic of Congo Forum was held on the 17th of […]

Africa as an important participant in the global economy

FDI, also known as foreign direct investment, has been virtually solely concentrated in Africa on the exploitation and export of natural resources for over a century. However, the momentum has changed after the turn of the 2000 and the tendency has finally changed in recent years. Global investors are more likely to visit Africa for […]

Mastercard partners with Billetera to offer cutting-edge digital payment solutions in Democratic Republic of Congo

Millions of unbanked and financially excluded residents in DRC to gain access to formal financial and digital services   Mastercard’s technology to enable development of diverse digital payment solutions   Partnership is aligned with DRC’s National Digital Plan (NDP)  Mastercard has partnered with Billetera – a digital payments technology company headquartered in Kenya – to provide millions […]

The Democratic Republic of Congo to Host its First Smart City Conference

The Democratic Republic of Congo (DRC) will be hosting the country’s first Smart City conference which will be taking place virtually from 16 to 18 April 2021. Driving this is Congo Bulaya, a subsidiary initiative of the Centre d’Innovation de Lubumbashi (CINOLU), which aims to actively participate in the creation of more competitive and vibrant cities […]

DRC Mining Week June 2021: Returning in safety and in numbers

2021 is set to be a solid year for DRC’s mining sector. The mining community is prepared to meet in Lubumbashi between June 15-17 for the annual DRC Mining Week expo and conference, according to Emmanuelle Nicholls, the Group Director, Mining and Natural Resources at Clarion Events Africa. She also said that DRC’s mining sector […]

Sidney and Bernice Clyman – African Art collection

There are many ways to collect ancient and historical pieces of art. One of the most famous ways to collect art pieces and show off your wealth is to go to an auction house. Auction houses not only have the most unique collection of items but it is also a place where an individual can […]

Innovation and technology, it can be highly complex until it becomes mainstream

Kohn Associates - Computer Technology_Software

Digital DRC Mining Week, Day 3 highlights “Can you imagine explaining 5G or autonomy or the cloud to a mine boss from, even the, mid-twentieth century? Or even remote technologies that we’re using now, pre-COVID-19 in some cases?” These questions were posed by Mike Nel, Regional Manager for Continental Africa at Immersive Technologies during a […]

Digital DRC Mining Week. The cost of doing business in the DRC has to be addressed. Which commodities are showing more resilience from COVID-19 and why?

DRC Mining Week

Highlights of Digital DRC Mining Week – Day 1 It was a case of the energetic young lion squaring off against the wise, older elephants when a discussion about DRC’s mining code caused the temperature of the discussion to rise somewhat during a live webinar session during the first day of this week’s Digital DRC Mining […]

How infrastructure and energy are key to a new economic journey in the Democratic Republic of Congo (DRC)

Koketso Lediga, Managing Director, Infra-Afrika Advisory

By Koketso Lediga, Managing Director, Infra-Afrika Advisory The country has made strides in achieving political stability and improve its governance to pave way for economic growth and energy and infrastructure development The Democratic Republic of Congo (DRC), sub-Saharan Africa’s largest country, is known for being a tough place to do business but also one of […]

Hotel Development Industry in Africa

Zanzibar

Introduction           The development of a country partly depends on the expansion of their hotel and tourism industry. Africa is facing a tough time economically and they are trying their best to fight back this economic crisis. They focus on the hotel management sector and try to develop this industry. A hotel is not only […]

Friday@Noon on Agriculture in Africa – 2018

African Business News

by Johan Burger This paper addresses events and trends in the agriculture sector in Africa for 2018. It is based on the media articles addressed in the Friday@Noon weekly newsletters of the NTU-SBF Centre for African Studies in Singapore. These are by no means meant to constitute an exhaustive list of developments. General Agriculture in […]

Mass expulsions from Angola – A serious violation of Human Rights

Map of the REC Pillars of the African Economic Community. Photo Credit: Wikipedia

Mass expulsions from Angola have caused minimum 330,000 people being homeless. Since  October, some 330,000 people have apparently crossed from Angola due to the expulsion. These people are taking shelter in Kasai, Kasai Central, and Kwango provinces of the Democratic Republic of Congo. The expulsion particularly targeted irregular migrants. This sudden expulsion has violated basic […]

Three massive Green Climate Projects in Africa worth over US$110 million

Green Climate Fund Board approves three African Development Bank proposals for Green Climate Projects worth over US$ 110 million

During October 17-20, 2018 Green Climate Fund held a meeting in Manama, Bahrain. It was the 21st board meeting which was co-chaired by Paul Oquist from Nicaragua and Ambassador Lennart Båge from Sweden. GCF got three proposals from African Development Bank which was worth over US$110 million. 20 funding proposals were considered in this meeting […]

The 2018 financial year proved to be a challenging year for South African mining companies

Along the east coast, north from Durban are huge sugar cane fields. Author: (WT-en) Fluglotse2000 at English Wikivoyage aka. User:Africaspotter Wikipedia.org

The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year. That position was largely mirrored by South African bulk commodity producers with iron ore, coal, manganese and chrome performing well. Unfortunately the aggregated SA mining industry, […]

Democratic Republic of the Congo: A family business

Kinshasa, DR Congo: night view of the Congolese capital, captured from the top of a building in the city center. Photo MONUSCO/Abel Kavanagh

A new report by political and security risk consultancy A2 Global Risk offers guidance to businesses and the risks they are likely to face after Kabila steps down December’s presidential elections in the Democratic Republic of the Congo ought to bring new hope, after autocratic Joseph Kabila in August finally agreed to stand down. But […]

How to utilize Central Africa’s wealth of natural resources to quicken its pace of industrialization and economic diversification

Image: United Nation macro region of Central Africa. Date: 24 August 2012. Author: Sannita

“Financing industrialization is not only about chasing money,” said Antonio Pedro, Director of the ECA Subregional Office for Central Africa. “We need to look at the soft and hard infrastructure that will then create the necessary enablers for money to flow,” he stated in N’Djamena on 19 September during a roundtable titled ‘Towards Resource-based Industrialization […]

Key Player In Energy Transition In Africa

Africa has a population of 1.2 billion, but 50% do not have access to electricity. In rural areas, far from the national electrical networks, this rate reaches 82% of the population, i.e. over 600 million people [1], making it particularly important to bring electricity to these zones. At the Africa CEO Forum, which is currently being […]

New DRC Mining Code: “Demand for cobalt, and copper to a lesser extent; will override the financial impacts”

DRC Mining Week gathers industry to discuss new code “I believe the demand for cobalt, and copper to a lesser extent, will override the financial impacts of the revised DRC Mining Code,” says Laura Cornish, editor of the mining trade journal Mining Review Africa. She adds: “the electric vehicle and battery markets are growing and […]

Africa & Middle East: Slingshot, the spy that came in from the router

So far, researchers have seen around 100 victims of Slingshot and its related modules, located in Kenya, Yemen, Afghanistan, Libya, Congo, Jordan, Turkey, Iraq, Sudan, Somalia and Tanzania Kaspersky Lab (www.Kaspersky.co.za) researchers have uncovered a sophisticated threat used for cyber-espionage in the Middle East and Africa from at least 2012 until February 2018. The malware, […]

Ivanhoe Mines and SES Networks Revolutionise Connectivity for Mining Industry in Congo

Kamoa-Kakula Copper Project gets high-performance connectivity and managed services to improve efficiency and productivity The Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) will benefit from reliable high-performance managed connectivity services delivered by SES Networks. The solution will be provided under an agreement with Ivanhoe Mines, a leading mineral exploration and development company, […]