AfDB PRESIDENT CONCLUDE TWO DAYS VISIT FOR DR CONGO DEVELOPMENT PROJECTS

Posted on January 25, 2024 by Gambeta News

African Development Bank President Dr. Akinwumi Adesina has concluded a two-day visit to the Democratic Republic of Congo for high-level talks on accelerating strategic development projects in the country. The visit, which began on Friday, January 19th, saw his participation in a breakfast meeting with several key cabinet ministers: Aimé Boji Sangara, Minister of State in charge of Budget; Minister of Industry Julien Palulu; José Mpanda, Minister of Agriculture; and Minister of Water Resources…

KENYA FIRM TO LEAD CONSTRUCTION OF SMART CITY PROJECT IN DR CONGO

Posted on November 13, 2023 by Gambeta News

Kenyan-grown financial consultancy firm, AVLC Group, has been picked by MC Telecom, a Kinsasha-based firm, to offer lead consultancy services in the construction of a multi-billion-shilling smart city in the capital of the Democratic Republic of Congo. The state-of-the-art project dubbed Kasangulu Smart City covering an imposing 40 hectares of prime land valued at USD210 million (Sh32 billion) is designed to accommodate multi-storey houses, a level 4 hospital, a school, a train station, a water…

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

Posted on February 28, 2023 by Gambeta News

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…

HOW MUTUAL AID ORGANIZATION IS TRANSFORMING KIRUMBA URBAN LANDSCAPE IN D.R.CONGO

Posted on January 6, 2023January 6, 2023 by Gambeta News

Over the last few years, something has changed about Kirumba. From the hills overlooking this rural town in DRC’s North Kivu province, one might spot a shop made of brick or a tile-roofed house. In Kirumba, brick buildings stand out. Most commercial buildings and houses in Kirumba, the largest commercial center in North Kivu’s Lubero territory, are made of mud and wood, prone to destruction. Only about one-third of houses in DRC (about 5 million)…

HEAVY FLOOD RESULT TO DEATH OF MORE THAN 120 PEOPLE IN DR CONGO CAPITAL

Posted on December 14, 2022 by Gambeta News

More than 120 people have been killed following the worst floods in years in the capital of the Democratic Republic of Congo, Kinshasa, the authorities say. Major roads in the city center were submerged as heavy rains continued for hours and several homes collapsed. Many of those who died were in hillside areas that suffered landslides. The government has announced three days of national mourning. The death toll, which was first estimated to be at…

PRESIDENT OF BOTSWANA IN DR CONGO TO STRENGTHEN BILATERAL COOPERATION

Posted on March 16, 2021 by Gambeta News

Dr. Mokgweetsi E.K Masisi (President of the Republic of Botswana), embarked on a working visit to Kinshasa, Democratic Republic of Congo. During the visit, he met His Excellency Félix Antoine Tshesekedi Tshilombo, President of the Democratic Republic of Congo (DRC), to engage on issues of mutual interest, including exploring ways of enhancing cooperation between the two countries, and advancing the region’s peace and security agenda. Botswana and DRC enjoy strong bonds of friendship and cooperation…

SOUTH AFRICA’S CYRIL RAMAPHOSA HANDSOVER AFRICAN UNION CHAIRPERSON TO PRESIDENT OF DR CONGO

Posted on February 9, 2021 by Gambeta News

Outgoing Chairperson of the African Union, His Excellency Cyril Ramaphosa conducts a symbolic handover of the African Union Flag and gavel to His Excellency President Felix Antoine Tshisekedi of the Democratic Republic of Congo and Incoming Chairperson of the African Union during the 34th Ordinary Session of the African Union Assembly.

SOLVING THE ISSUE OF ILLEGAL MINING ACTIVITIES IN DR CONGO

Posted on February 8, 2021 by Gambeta News

Diversified miner Glencore is playing a significant supporting role in the Fair Cobalt Alliance (FCA), a multi-stakeholder initiative to support the production of fair cobalt in the Democratic Republic of Congo (DRC), says Glencore lead cobalt trader David Brocas. “We operate industrial mines in the DRC, and we are the largest industrial producer of cobalt in the world, with almost 30% of the world’s overall production. Cobalt at Glencore is primarily produced in the DRC….

MOROCCO AND DR CONGO SIGN AGREEMENT FOR COOPERATION IN ELECTRICITY REGULATION

Posted on January 25, 2021 by Gambeta News

The National Electricity Regulatory Authority of Morocco (ANRE) and the Electricity Regulatory Authority (ARE) of the Democratic Republic of Congo (DRC) signed Friday in Rabat a cooperation agreement to promote the exchange and transfer of experience in electricity regulation. Initialed by AER president, Abdellatif Bardach, and his DRC counterpart, Louis Kahindo Boya-Bozene, the agreement focuses mainly on establishing the basis for cooperation between the two parties in the framework of their missions of regulation of…

R&B SINGER AKON TO FINANCE MINING ACTIVITIES IN CONGO

Posted on January 7, 2021 by Gambeta News

A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with a state miner, according to a contract published by the mines ministry. Akon’s foray into Congo’s mining sector comes through a US- registered firm called White Waterfall LLC, of which he is the president and CEO, according to contracts published on the mines ministry website….

CHINA GRANTS DEBT RELIEF TO DEMOCRATIC REPUBLIC OF CONGO

Posted on January 7, 2021 by Gambeta News

China has granted some debt relief to Democratic Republic of Congo to help it overcome economic fallout from the coronavirus pandemic, the Congolese foreign ministry said on Wednesday. As a result, Congo will not have to repay its interest-free loans from China that matured at the end of 2020. The ministry did not say how much this amounted to. China has extended debt relief worth over $2 billion to developing countries under a G20 framework…

RWANDA AND DR CONGO SIGN CONTRACT FOR METHANE GAS RESOURCE

Posted on March 5, 2020 by Gambeta News

Picture from the signing of Lake Kivu Methane gas resources development between Rwanda and the Democratic Republic of Congo Rwanda and the Democratic Republic of Congo have signed a Validation Act. This Validation Act is to review the Management Prescriptions for the development of Lake Kivu Methane gas resources. The signing was performed by the State Minister in charge of Hydrocarbons in the Democratic Republic of Congo, Honorable Rubens Mikindo Muhima and Rwanda’s Minister for…

RWANDA, DR CONGO REVIEW CROSS-BORDER TRADE TAX

Posted on May 27, 2019 by Gambeta News

Rwanda and DR Congo review cross-border trade tax

Rwanda and DR Congo review cross-border trade during a bilateral meeting in kigali. Rwanda and DR Congo are reviewing the cross-border trade tax. This is after both nations agree to come up with a list of products, business sizes that will benefit the tax-free cross-border trade. The bilateral meeting had both nation Ministers for Trade in attendance. Meanwhile, the deal which was originally signed in 2016 is still not functioning. The simplified trade regime (STR)…

RWANDA AIRLINE ARRIVES KINSHASA, CONGO

Posted on April 18, 2019 by Gambeta News

Kinshasa International Airport welcomes the inaugural flight of Rwanda Airline with a traditional water salute upon arrival! The plane flew from Kigali International Airport to N’djili International Airport in Congo. N’djili International Airport, also known as N’djili Airport and Kinshasa International Airport, serves the city of Kinshasa. In essence, it is the largest of the four international airports in the Democratic Republic of the Congo. The name comes from a nearby river called “Ndjili River”. To…

BDEAC PLANS TO FINANCE DEVELOPMENT PROJECTS IN D.R CONGO

Posted on February 5, 2019February 5, 2019 by Gambeta News

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…

D.R CONGO PRESIDENT APPOINTS NEW SECURITY ADVISOR

Posted on February 4, 2019February 4, 2019 by Gambeta News

DRC PRESIDENT APPOINTS FELIX KASONGA SECURITY ADVISOR

DRC president handpicks experienced Francois Beyo Kasonga as new security advisor The newly elected DRC President Felix Tshisekedi have chosen Francois Beyo Kasonga as his Security advisor; The president ordered his appointment over the weekend. Kasonga, who is in his 60’s have spent influential time within the country’s intelligence sector. Previously, under the President Joseph Kabila government, Kasonga’s position was Director of Migration for 12 straight years. With this current appointment as security advisor to…

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

Posted on January 21, 2019February 11, 2019 by Gambeta News

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…

AU URGES DR CONGO TO DELAY FINAL ELECTION RESULT

Posted on January 18, 2019January 18, 2019 by Gambeta News

The elections that held in Democratic Republic of Congo, the African Union (AU) say there is “serious doubts”. The final results that have been call should be suspended. One of the opposition candidates, Felix Tshisekedi, the figure that were announces brings victory to him. The other opponent Martin Fayulu of the current administration insists he won. Martin Fayulu supporters said Felix Tshisekedi made a power sharing deal with outgoing President Joseph Kabila. The team of…

DEMOCRATIC REPUBLIC OF CONGO SIGN INGA III DAM PROJECT DEAL

Posted on October 22, 2018 by Gambeta News

DRC has sign a US$14 billion dam project that will help increase the nation electricity generation from the current 10%. Democratic Republic of Congo has sign an 11,000-megawatt Inga III Hydro-electric Dam. This Dam will help boost the energy output in the nation and also provide better generation of electricity. It is a welcome development as only 10% of DRC’s population has access to electricity. The contract was sign between the government of congo and a consortiums…

DR CONGO TO COMMENCE CONSTRUCTION OF INGA3 HYDROPOWER

Posted on June 22, 2018June 22, 2018 by Gambeta News

DR Congo begins plans for construction of Inga 3 hydropower project this year. The Democratic Republic of Congo is planning to start the construction of the US$13.9bn Inga 3 Hydropower project this year. There have been previous delays on this project; but now a joint bid from two previously competing consortia of investors will see the project through. The two consortia are China Three Gorges Corp and Actividades de Construccion y Servicios SA of Spain. DR Congo…

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