Nicolas Kazadi

DRC
IMF prepares fourth review of credit programme with Kinshasa

The IMF is due to send a team to Kinshasa in the next few days to plan the continuation of its Extended Credit Facility arrangement with the DR Congo.

DRC
Sada Motors ordered to respect its state contract

The finance inspectorate has given Sada Motors until the end of February to fulfil its contractual obligations to deliver 167 vehicles, mainly luxury models, to some thirty #DRC diplomatic representations around the world.

DRC
$15m luxury cars contract for DRC's embassies awarded to finance minister Kazadi's brother

DR Congo's foreign affairs minister Christophe Lutundula signed a contract in December 2021 for the delivery of 167 vehicles to embassies around the world. The deal was awarded to Sada Motors, a company in which the finance minister's brother Nicola Kazadi is a minority shareholder.

DRC
Tshisekedi's intriguing new aircraft brokers

A new company has been set up whose ostensible purpose is to acquire aircraft for the Congolese leader's second presidential bid in December 2023. Pulling the strings of this discreet enterprise is a 'friend' who previously navigated the murky business waters of Gaddafi's Libya.

The New Guard
Senegal, DR Congo, Ethiopia and Egypt

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

SenegalFatou Sagna Sow, the "Macronist" prepping "Mimi" Toure for 2024

DR CongoAlda Kule Dale, Nicolas Kazadi's financial adviser

EthiopiaAmrote Abdella, Africa's contact for Amazon Web Services

EgyptAhmed Zahran, a PPA pioneer

DRC
Tshisekedi in market for two helicopters and King Air 200

Félix Tshisekedi devrait prochainement réceptionner deux hélicoptères civils H130 (Airbus Helicopters) et un avion bimoteur Beechcraft King Air modèle 200.

DRC
Senate criticises $700m tax rebate given to Glencore

In an unpublished parliamentary report, DR Congo senators have objected to the role of President Félix Tshisekedi's office in the 2021 tax breaks granted to Swiss commodity trader Glencore.

DRC
Minister Nicolas Kazadi hires consultancy for $1.2m

The government in Congo has hired a new US consulting firm.

DRC
DRC under 'enhanced scrutiny' by FATF due to anti-money laundering failures

The Financial Action Task Force, an intergovernmental body responsible for evaluating anti-money laundering measures, has put the DRC on its grey list. The country risks being placed on the blacklist, on which only North Korea and Iran feature.

Central Africa, DRC
Elections 2023: INEC's financing still a bone of contention

Doubts remain over whether the timetable for elections scheduled in the DRC at the end of 2023 will be respected. Denis Kadima, head of the Independent National Electoral Commission (INEC), regularly rants in private about the pace of the Ministry of Finance's disbursements.

DRC
Kinshasa launches audit of petroleum products as fuel shortage kicks in

Faced with fuel shortages in Kinshasa, the government of DRC led by Prime Minister Sama Lukonde Kyeng has launched an audit on the pricing structure of petroleum products.

DRC
Taxman demands billion dollars in back taxes from telecoms operators

A tax dispute has been brewing for several months between the Congolese tax authority, which reports to the finance minister Nicolas Kazadi, and telephone companies operating in the DRC.

DRC
DRC sets 15-year deadline for digitalising its land register

The Congolese government has turned to the Luxembourg firm eProseed to help it digitalise its land register. An undertaking that Kinshasa hopes will bring in much-needed revenues for the public coffers.

DRC
Semlex angles for biometric passport contract

The Belgian company Semlex has activated its contacts, particularly at the foreign ministry, in the hope of winning the tender call ahead of nine other firms.

Palace Intrigues
Ali Bongo, Félix Tshisekedi, Denis Sassou Nguesso, Ségolène Royal

Intrigues big and small... Every Tuesday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Gabon Frédéric Bongo back at the Palais du Bord de Mer

DRC Tshisekedi's gives cars to senators

Congo Denis Sassou Nguesso misses his tailor's birthday

France-Africa Ségolène Royal's African adventures

DRC
Despite Tony Blair's insistence, GIP finally says no to the Grand Inga project

The US-based Global Infrastructures Partners, owned by Nigerian businessman Adebayo Ogunlesi, has finally decided not to get involved in the scheme to build vast dams on the mighty Congo river.