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DRC

Luminar, the tiny bank which lends to presidents...but only if they sign contracts with Mitrelli

Virgin Islands bank Luminar Finance has offered DRC loans backed by mining and oil production. Any loans granted, however, can only be used to finance contracts with Israel's Mitrelli group.

Subscribers only Finance, Business 08.07.2020

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Victor Kasongo Shomary, when he was deputy minister of mines. © Reuters

Subscribers only Mining 07.07.2020

Spotlight
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

The DRC is coming under increasing pressure to comply with a 2018 arbitration award of hundreds of millions of dollars in favour of South African junior Dig Oil over the delayed attribution of Cuvette Central blocks.

Subscribers only Energy 03.07.2020

Grandson of ex-governor of Belgian Congo plans new hydroelectric dam

With his partner, Benoît Eeckhout, Thierry Jungers plans to build a 147 MW hydroelectric plant in south-eastern DRC.

Subscribers only Energy, Business 02.07.2020

Who is to be Tshisekedi's new military intelligence chief?

Since the death of Major General Delphin Kahimbi, the Congolese president has been without a military intelligence advisor. Several senior officers are in the running for this sensitive role.

Subscribers only Defence, Politics 29.06.2020

Heads roll in Lualaba as ERG penny-pinches over Metalkol compensation

An official working for the province of Lualaba has been suspended for having advised Kazakhstan's Eurasian Resources Group on the relocation of farmers affected by its Metalkol copper and cobalt project. The governorate got wind of the affair after complaints from the farmers about the low level of compensation paid by the mining group.

Subscribers only Mining 29.06.2020

Tshisekedi, Three Gorges Corp and AfDB at odds over Grand Inga

Despite all the delays under his predecessors in launching construction works on the Inga III dam, Félix Tshisekedi is eager to embark on a much more ambitious project in Kongo Central province: the Grand Inga.

Subscribers only Energy, Business 26.06.2020

Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

The debates that led to a cut in the sub-contracting regulation authority's prerogatives have rekindled an old dispute between its managing director Kalej Nkand and the chairman of the Congolese employers' association, Albert Yuma, within the state mining company Gécamines.

Subscribers only Mining, Business 25.06.2020

The Congolese employers' association chairman Albert Yuma.

Thales makes beeline for Tshisekedi

Having met with the Congolese president in mid-February, Thales has been relying on former Gemalto execs in the DRC to pursue its lobbying in Kinshasa, where the company is hoping to secure contracts to oversee airport ID checks and to produce ID documents.

Subscribers only Business 25.06.2020

Jean-Claude Kabongo puts his business contacts to work for Tshisekedi

Jean-Claude Kabongo, the Congolese regime's business emissary, is putting to fresh use the impressive contact network he built up when he was himself in business in the oil and security equipment supply sectors.

Subscribers only Business 24.06.2020

Jean-Claude Kabongo, Félix Tshisekedi's special investment adviser.

Thales pipped at the post for Mbuji-Mayi Airport contract

France's Thales group, which went into partnership with Congolese firm Perfect to bid for the contract to supply a new navigation system forMbuji-Mayi Airport, lost the contract to Canada's Aeronav Inc.

Subscribers only Infrastructure, Business 24.06.2020

Fund manager Global Infrastructure Partners wants in on Grand Inga dam project

The company owned by billionaire businessman Adebayo Ogunlesi is in talks with the Congolese authorities concerning a potentially huge investment in the mega-project to construct dams on the River Congo.

Subscribers only Energy, Business 22.06.2020

In its debt row with Gécamines, NB Mining finds allies in football fans

Mining subcontractor NB Mining, some of whose ownership is contested by former Katanga governor Moïse Katumbi, has warned FC Saint-Eloi Lupopo it might not be able to finance the club's infrastructure due to an unpaid debt owed by the state-owned Gécamines.

Subscribers only Mining 19.06.2020

Victoire stadium, Lubumbashi, home of FC Saint-Eloi Lupopo.

Vital Kamerhe's successor at the presidency is keeping a close eye on state contracts

Since he replaced Vital Kamerhe, interim presidential chief of staff Désiré-Cashmir Kolongele Eberande has been relying on military intelligence to sort through the state's "sovereign" contract commitments, especially those involving identity papers.

Subscribers only Business 18.06.2020

Désiré-Cashmir Kolongele Eberande, chief of staff in the DRC president's office.

Spotlight
Erik Prince wins key security contract from Chinese mining giant CNMC

Newly established in the DRC, the insurance subsidiary of Frontier Services Group, headed by private security magnate Erik Prince has won a contract from Chinese conglomerate CNMC, which has extensive interests in the Copperbelt.

Subscribers only Mining 16.06.2020

Kinshasa asks France to help it identify Vital Kamerhe's French assets

The Congolese judicial authorities want details of any property acquired by President Félix Tshisekedi's former right-hand man, Vital Kamerhe, in France.

Subscribers only Politics 16.06.2020

Vital Kamerhe's French pied-à-terre rivets Kinshasa courtroom

During Vital Kamerhe's trial, the lawyer representing the state (as civil party to the case) Coco Kayudi, made mention of the existence of a property in France belonging to Félix Tshisekedi's former chief of staff.

Subscribers only Politics 15.06.2020

AfDB takes step-by-step approach to construction of Kinshasa-Brazzaville bridge

As the main donor behind the project to construct a bridge between the two capitals, the African Development Bank is turning its attention first to the access routes to the site.

Subscribers only Infrastructure, Business 12.06.2020

Spotlight
DRC confuses Taiwan for China as it seeks to repay 30-year-old loan

Félix Tshisekedi is currently negotiating the rescheduling of a $57m loan from Taiwan's Exim-Bank which dates back to the Mobutu era. The problem is that until very recently the Congolese government thought it was negotiating with China, the country's biggest donor, rather than Taiwan.

Subscribers only Politics 11.06.2020

June is Sahel month for French diplomats

What with the presidency of the UN Security Council, the renewal of MINUSMA's mandate and the Coalition for the Sahel in June, and the G5 Sahel summit in early July in Mauritania, the Sahel region is set to keep French diplomats very busy during the next few weeks.

Subscribers only Diplomacy 11.06.2020

French Foreign Minister Jean-Yves Le Drian.

Kamerhe detention referred to UN rights watchdog

Vital Kamerhe's French lawyer has finallyy brought the matter of his incarceration before the Working Group on Arbitrary Detention

Subscribers only Politics 10.06.2020

Vital Kamerhe served as Félix Tshisekedi's chief of staff.

Celebrity attorney Theodore Boutrous to defend Dell in class action suit over child labour in cobalt mines

Having taken on Donald Trump and Harvey Weinstein in the courts and defended Playboy against the White House, the American lawyer Theodore Boutrous has now been retained by the computer maker Dell in a case involving alleged forced labour in Congolese mines.

Subscribers only Mining 08.06.2020

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DRC

Luminar, the tiny bank which lends to presidents...but only if they sign contracts with Mitrelli

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Spotlight
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Grandson of ex-governor of Belgian Congo plans new hydroelectric dam

Who is to be Tshisekedi's new military intelligence chief?

Heads roll in Lualaba as ERG penny-pinches over Metalkol compensation

Tshisekedi, Three Gorges Corp and AfDB at odds over Grand Inga

Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

Thales makes beeline for Tshisekedi

Jean-Claude Kabongo puts his business contacts to work for Tshisekedi

Thales pipped at the post for Mbuji-Mayi Airport contract

Fund manager Global Infrastructure Partners wants in on Grand Inga dam project

In its debt row with Gécamines, NB Mining finds allies in football fans

Vital Kamerhe's successor at the presidency is keeping a close eye on state contracts

Spotlight
Erik Prince wins key security contract from Chinese mining giant CNMC

Kinshasa asks France to help it identify Vital Kamerhe's French assets

Vital Kamerhe's French pied-à-terre rivets Kinshasa courtroom

AfDB takes step-by-step approach to construction of Kinshasa-Brazzaville bridge

Spotlight
DRC confuses Taiwan for China as it seeks to repay 30-year-old loan

June is Sahel month for French diplomats

Kamerhe detention referred to UN rights watchdog

Celebrity attorney Theodore Boutrous to defend Dell in class action suit over child labour in cobalt mines

Inner circle
Gagan Gupta's French troops

Tshisekedi's right-hand-man Jean-Marc Kabund felled by a text message

Security Council to probe Sahel army abuses

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

DRC

Luminar, the tiny bank which lends to presidents...but only if they sign contracts with Mitrelli

Former deputy mines minister takes control of Banro's ill-starred Namoya gold deposit

Spotlight Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Grandson of ex-governor of Belgian Congo plans new hydroelectric dam

Who is to be Tshisekedi's new military intelligence chief?

Heads roll in Lualaba as ERG penny-pinches over Metalkol compensation

Tshisekedi, Three Gorges Corp and AfDB at odds over Grand Inga

Subcontracting law: mining boss Albert Yuma puts old rival Kalej Nkand in his place

Thales makes beeline for Tshisekedi

Jean-Claude Kabongo puts his business contacts to work for Tshisekedi

Thales pipped at the post for Mbuji-Mayi Airport contract

Fund manager Global Infrastructure Partners wants in on Grand Inga dam project

In its debt row with Gécamines, NB Mining finds allies in football fans

Vital Kamerhe's successor at the presidency is keeping a close eye on state contracts

Spotlight Erik Prince wins key security contract from Chinese mining giant CNMC

Kinshasa asks France to help it identify Vital Kamerhe's French assets

Vital Kamerhe's French pied-à-terre rivets Kinshasa courtroom

AfDB takes step-by-step approach to construction of Kinshasa-Brazzaville bridge

Spotlight DRC confuses Taiwan for China as it seeks to repay 30-year-old loan

June is Sahel month for French diplomats

Kamerhe detention referred to UN rights watchdog

Celebrity attorney Theodore Boutrous to defend Dell in class action suit over child labour in cobalt mines

Inner circle Gagan Gupta's French troops

Tshisekedi's right-hand-man Jean-Marc Kabund felled by a text message

Security Council to probe Sahel army abuses

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Spotlight
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?

Spotlight
Erik Prince wins key security contract from Chinese mining giant CNMC

Spotlight
DRC confuses Taiwan for China as it seeks to repay 30-year-old loan

Inner circle
Gagan Gupta's French troops