Spotlight | DRC
IGF opposes Gécamines over mega-bonuses worth €40m

DRC
Gécamines worried by lacklustre performance of STL germanium plant

Production has fallen well short of targets.

DRC
Gécamines racks up hefty mission expenses bills

The DR Congo state-owned mining company has since April 2023 been using the services of a travel agency called Malabar Business Travel, which has billed it for several million dollars.

Spotlight | DRC
Incendiary Banque Centrale du Congo audit gathers dust

Three years on from an audit report on the bank, the investigation into alleged embezzlement within the institution has stalled. Africa Intelligence has been able to access the document that gave rise to the affair.

DRC
Gécamines hit with monthly bills of $150,000 for financial consultancy

A judicial investigation has been launched into a contract signed last year between the Inspectorate General of Finances and the state-owned mining company.

DRC
Identity card contract worth nearly $700m sparks turmoil at top of government

The public body responsible for monitoring and supervising public-private partnerships is strongly contesting the deal signed with the Afritech-Idemia consortium to issue identity cards. It is calling for rescission of a contract worth nearly $700m.

DRC
Embattled Kazadi makes case to Tshisekedi

The finance minister has been summoned by the Congolese president to a meeting with his main accuser, the head of the Inspectorate General of Finances, as part of a judicial investigation into alleged embezzlement.

DRC
Zijin Mining pays $70m to mysterious Congolese NGO

A subsidiary of Chinese miner Zijin has, via its joint venture with Congolese state-owned Cominière, paid a substantial sum to an NGO whose president also sits on the board of the state-owned company.

DRC
EU bids to give substance to critical minerals partnership with DR Congo

European Union officials are completing a visit to the DR Congo capital Kinshasa that began in early April to discuss the follow-up to the strategic partnership on critical minerals signed in October with the Congolese presidency of Félix Tshisekedi.

DRC
DRC mining execs expected in Tokyo in early April

DR Congo Mines Minister Antoinette N'Samba Kalambayi will bring a large delegation of her country's mining bosses and senior officials with her to Tokyo from 1 to 7 April.

Palace Intrigues
Felix Tshisekedi, Macky Sall, Mohamed Bazoum

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

DRCTshisekedi in private talks with Jules Alingete

SenegalFirst lady's brother backed election delay

NigerNew house arrest arrangements for Bazoum?

DRC
Loncor Gold falls foul of North Kivu mining authority

On 19 January, the Canadian mining firm Loncor Gold was surprised to learn that it had been singled out by Paul Mabolia Yenga, the boss of the mining cadastre office CAMI.

DRC
Tshisekedi assembles presidential office team for second term

President Félix Tshisekedi, sworn in for a second term on 20 January, is busy working on the make up of his new cabinet. It is understood that there are to be fewer senior advisers, currently numbering 13.

DRC
Asafo & Co bills Gécamines millions in extra fees

Paris law firm Asafo & Co should receive $9m in additional fees for its role advising Congolese state-owned mining company Gécamines in its negotiations with China Molybdenum Co (CMOC).

DRC
Albert Yuma's young guard take helm of DRC's Gécamines

The state miner's new chairman and general managers appointed by Kinshasa to give Gécamines a new lease of life were all in the good books of the firm's all-powerful former boss Albert Yuma Mulimbi. They also each worked at one time for private mining firms operating in DRC, such as AngloGold and Glencore.