Nicolas Kazadi

DRC
$25m missing from coffers of copyright society

A report by the Inspectorate General of Finance has revealed the details of an opaque scheme involving funds intended for artists. Only $35,882 actually reached the intended recipients, while the rest of the money disappeared through cash withdrawals and questionable transfers.

DRC
Chaos reigns in licence plate tender process

A contract for the procurement of licence plates, which is expected to be won by the Belgian company Castillo Valere, is the subject of heated disputes, and has even landed before the State Council.

Spotlight | DRC
Sale of Musonoï East mining site to Abu Dhabi meets uncertainty

The DR Congo president has insisted that Gécamines go back on its decision to terminate its collaboration with South African Robert Gumede for the development of the Musonoï mining project. Owned by the Congolese state company, this deposit is on a list of assets that had recently been proposed to Abu Dhabi.

DRC
Sicomines wins $60m rebate claim

The Chinese-Congolese joint venture took advantage of its total tax exemption status to devote certain resources to financing infrastructure projects.

DRC
Attorney general Firmin Mvonde acquires luxury flats in Brussels

The prominent Congolese magistrate, who in February described the death of former minister Chérubin Okende as a suicide, recently forked out $910,000 for property in the Belgian capital.

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.

DRC
Turkey's Milvest faces first setback in Kinshasa

DRC's Sport Minister, Didier Budimbu, has halted the construction of a five-star hotel, whose location encroaches on the grounds of the Stade des Martyrs.

Spotlight | DRC
The story behind the attempt to unsettle Inspectorate General of Finances boss Jules Alingete

At odds with key figures from Félix Tshisekedi's first term, the head of the IGF has for several weeks been the target of a smear campaign designed to substantiate allegations of his having acted in league with the interests of the Rawji Group.

DRC
The drilling contracts scandal that's causing embarrassment all the way to the presidency

President Félix Tshisekedi was initially enthusiastic about new solar-powered water pumps and street lighting, but the contracts have given rise to violent score settling in the presidential entourage amid accusations of overcharging.

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
National electrification agency hopes for funding boost from new Suminwa government

Created in July 2020 by Félix Tshisekedi to tackle the country's low level of electricity supply, ANSER struggled during the president's first term to find the money it needed to achieve its goals.

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.

Palace Intrigues
Patrice Talon, Dominique Strauss-Kahn, Macky Sall, Guillaume Soro, Félix Tshisekedi

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

BeninStrauss-Kahn on a mission in Cotonou

Ivory Coast/SenegalSoro's phone call to Sall

DRCNew National Assembly president to decide on finance minister's immunity waiver

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.