Via Quartz, an article on the Democratic Republic of Congo becoming the biggest country in East Africa’s trading bloc: Trade in eastern Africa is set for a boost after officially welcoming its seventh member, the Democratic Republic of Congo (DRC), into the East Africa Community (EAC) today (March 29). Burundi, Kenya, Rwanda, South Sudan, Tanzania, and […]
Read more »Courtesy of STRATFOR, analysis (subscription required) of the DRC’s revenue dispute with mining giant China Molybdenum: In the Democratic Republic of Congo, an ongoing revenue dispute regarding the massive Chinese-owned Tenke Fungurume mine is part of President Felix Tshisekedi’s broader push to increase government oversight of the country’s mining industry. However, this push is more likely […]
Read more »Courtesy of The Wall Street Journal, an article on how Chinese firms interested in mining the DRC are running into trouble after a court ordered one of the largest to temporarily cede control of one of its mines: For more than a decade, Chinese companies have spent billions of dollars buying out U.S. and European […]
Read more »Via Bloomberg, an article on an alleged $238 million paid to transport cobalt and copper in the DRC has gone missing: For 250 hot and dusty miles, the two-lane highway cuts through central Africa, its path lined with the carcasses of trucks, buses, and minivans. But this modest road holds outsize value for global markets, connecting some […]
Read more »Via Al Monitor, an article on one Emirati logistics firms efforts to build a deep sea port for Democratic Republic of Congo: A leading Emirati logistics company began construction of a port in the Democratic Republic of Congo today. Following a ceremony, the Dubai-based DP World started work on the Banana Port, the first deep sea port in the central African […]
Read more »Courtesy of The New York Times, an interesting article on how – as the clean energy revolution upends the centuries-long lock of fossil fuels on the global economy – dealmakers and hustlers converge on the DRC’s Fleuve Congo Hotel: The lobby of the Fleuve Congo Hotel was a swirl of double-breasted suits and tailored dresses […]
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