WHY CONGO GOVT. DEMAND ADDITIONAL US$17BILLION INFRASTRUCTURAL FUND FROM CHINA

WHY CONGO GOVT. DEMAND ADDITIONAL US$17BILLION INFRASTRUCTURAL FUND FROM CHINA

The state auditor in Congo has demanded an additional $17 billion of investments from a 2008 deal with Chinese investors, which is currently under negotiation. The deal in question involves Sinohydro Corp and China Railway Group, who agreed to build roads and hospitals in exchange for a 68% stake in Sicomines, a joint venture with Congo’s state mining company Gecamines. President Felix Tshisekedi’s government has been reviewing the agreement, which was initially made with his…

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AUSTRALIA’S RICHEST MAN PLANS TO BUILD THE LARGEST HYDROELECTRIC PROJECT IN AFRICA

AUSTRALIA’S RICHEST MAN PLANS TO BUILD THE LARGEST HYDROELECTRIC PROJECT IN AFRICA

Australian mining giant Fortescue confirmed Tuesday that it was in negotiations to develop what would be the world’s largest hydroelectric project in the Democratic Republic of Congo. The business giant Andrew Forrest’s group said it was in the running to build the Grand Inga hydroelectric mega-dam on the Congo River. Under current arrangements, Forrest’s Fortescue Future Industries (FFI) has been granted exclusive rights to develop the massive development of the $ 80 billion Grand Inga US dollar…

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BDEAC PLANS TO FINANCE DEVELOPMENT PROJECTS IN D.R CONGO

BDEAC PLANS TO FINANCE DEVELOPMENT PROJECTS IN D.R CONGO

BDEAC plans to finance development projects in DR Congo. Plans are underway by the Development Bank of the Central African States (BDEAC) to finance projects in Democratic Republic of the Congo. This is the first time that BDEAC is financing any project in the nation. The bank is prioritizing the agricultural, tourism, industrial, health, training and also the infrastructure sectors. On 31st January, delegates from the sub-regional financial institution presented a report to the Congolese Minister of…

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VICTORY OF TSHISKEDI PRESIDENTIAL ELECTION WIN, D.R. CONGO

VICTORY OF TSHISKEDI PRESIDENTIAL ELECTION WIN, D.R. CONGO

DR Congo Top Court upholds Tshisekedi presidential election win Previously, on the election that held in D.R. Congo on Friday. There was a demand for manual recount by Martus Fayulu. meanwhile, to confirm the victory of Felix Tshisekedi at the Constitutional Court. On Sunday, after undergoing the recount at the Constitutional Court of the Democratic Republic of  Congo . It was confirm that Felix Tshisekedi  the presidential election candidate still won. He also dismisses a…

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JUNIORS (VIE)-PROJECT ENGINEER (M/F) VACANCY AT TOTAL, CONGO

JUNIORS (VIE)-PROJECT ENGINEER (M/F) VACANCY AT TOTAL, CONGO

Total is the fifth largest publicly-traded integrated oil and gas company in the world, with 100,000 employees in more than 130 countries worldwide. Our size and performance rank us as one of the top five global oil companies. “We are among the majors that invest the most in exploration. More importantly, our teams are highly good. They have a real pioneering spirit we must keep cultivating!”. Job Description Job located in Brazzaville and part of…

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Dangote Cement to open largest Cement Plant in Congo

Dangote Cement to open largest Cement Plant in Congo

Dangote Cement to unveil largest cement plant in Congo. The Dangote Cement 1.5 million metric tonnes per annum capacity Cement Plant in Congo will be officially opened on Thursday (23/11/2017). Once the plant is unveiled it will become the largest cement plant in the Congo. The plant which rolled out its first bag of cement on the August 7, costed US$500 million to construct and is expected to directly employ more than 1,000 people and create…

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REPUBLIC OF CONGO WAIVES VISA REQUIREMENT FOR CENTRAL AFRICA CITIZENS

REPUBLIC OF CONGO WAIVES VISA REQUIREMENT FOR CENTRAL AFRICA CITIZENS

Republic of Congo announces all citizens of Central Africa can enter Congo without visas. The Republic of Congo has just announced that there will be no entry visa requirement for citizens of the Central African Economic and Monetary Community (CEMAC). This announcement was made on October 23, in a government communication through the Ministry of the Interior and Decentralization and stated that “all nationals of CEMAC region could enter Congolese territory without visa for any trip not…

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