Matata Ponyo

DRC
Finance Minister Doudou Fwamba considers issuing a eurobond

Finance Minister Doudou Fwamba Likunde is looking into issuing a eurobond, working in close collaboration with the presidential cabinet headed by Anthony Nkinzo Kamole.

Inner circles | DRC
Anthony Nkinzo, the discreet but powerful technocrat heading Tshisekedi's private office

The president's new chief of staff may lack political clout, but he has a strong business background and enjoys support from powerful government figures. During Tshisekedi's first term, the leadership of his private office was deemed erratic, and he is keen to buck that trend.

The New Guard
DRC, Libya, Kenya

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

DRC Tania Eyanga, venture capital campaigner

Libya Amal Naaji, champion for women in business

Kenya Stella Agara seeks to rally African youth

DRC
Opposition toys with idea of joint presidential candidate

Leading opposition figures are privately floating the possibility of uniting behind a single candidate in the 20 December election, but it remains only a very vague idea at this stage.

DRC
EU commissioner Reynders' trip to Kinshasa raises diplomatic eyebrows

Many diplomats in Brussels were surprised at the timing of EU justice commissioner Didier Reynders' recent trip to DR Congo, which came just a few months ahead of elections in the country.

In Focus | Africa, Russia
Russia's BPC group aims to tighten its grip on African banks' e-money systems

As mobile payment continues to develop rapidly in Africa, one of the groups best positioned to take advantage of the boom is a little known company operating out of Switzerland, Dubai and Russia. BPC Banking Technologies is one of the pearls of Russian technology like anti-virus producer Kaspersky and, although it is officially private, it has the backing of Russia's leading state-owned bank.

DRC
Former PM Matata Ponyo's consultancy gets all-clear for $2m government contract

Founded by Joseph Kabila's former prime minister, Congo Challenge has won a contract to help the government with its post-Covid economic policy.

Inner circles | DRC
Incoming African Union chair Tshisekedi sets up his management team

Despite being embroiled in a violent political battle with Joseph Kabila supporters in Kinshasa, President Tshisekedi is having to organise the team which will have charge of managing his term as African Union chair in 2021.

DRC
Prime minister Matata Ponyo's departure sends dams down the sink

Since the former prime minister quit, the Lutshurukuru plant has been gathering dust under the new administration.

DRC
New PM Badibanga has strong focus on mines

Named prime minister of Congo-K by president Joseph Kabila in [...]

DRC
Growing insecurity in South Kivu Quarries

The question of security in small-scale mines in the eastern [...]

DRC
Gecamines keeps up the fight against Chinese investors

The announcement on Nov. 15 that the Chinese equity fund [...]

DRC
Government confusion in Tenke-Fungurume affair

Supported by the prime minister, the sale of Freeport-McMoRan’s stake in the Tenke project to CMOC hasn’t gone down well with the mines minister and Gecamines.

DRC
Mukena keeps touting EPPM plant on Lake Kivu

Congo-K’s oil and gas minister Aimé Ngoy Mukena is continuing to lobby in favour of the Tunisian firm EPPM winning [...]

DRC
Could mining firms gain railway concessions ?

Unable to pay off the back wages of its employees, the Societe Nationale des Chemins de Fer du Congo (SNCC) must seriously examine its options- including privatization.

DRC
Senator questions Grand Inga agency’s legitimacy

A move by senator Jacques Djoli from the opposition MLC party to question the very existence of the Agence pour [...]

DRC
Government to resume paying back VAT

Finance minister Henri Yav Mulang lifted a suspension of reimbursements [...]