In a milestone for its pan-Africa mission, Africa Finance Corporation, one of the region’s biggest investors in infrastructure development, has announced that it has exceeded 30 member states, representing more than half the continent.
Gridworks, AEE Power and Eranove sign concession agreements with DRC on $100m solar-hybrid power project
A consortium led by Gridworks including Eranove and AEE Power, signed three concession agreements with the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo (DRC).
Ivanhoe Mines announced it has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo.
The partnership aims to support the vision of the DRC Government, which under the leadership of President Felix Tshisekedi has an ambitious digitization programme.
This latest call to tender is part of the agency's ongoing 2019-2025 hydrocarbons licensing strategy.
Kenya’s President Uhuru Kenyatta unveiled the new brand of EquityBCDC, a subsidiary of Kenya’s Equity Group Holdings in the Democratic Republic of Congo, located on the 18th floor of Equity Centre building in Kinshasa.
The fair’s general objective was to highlight IITA’s research contribution, with the support of its partners, in favor of smallholder farmers in South Kivu.
The introduction of solar-powered fridges is helping DRC to safely store vaccines in health care centers, from which they can be administered to people and could benefit the country’s wider healthcare system.
National Aviation Services (NAS), the aviation services provider in emerging markets, announced the launch of its operations in the Democratic Republic of Congo (DRC).
The EU announced a new funding of €54.5 million in humanitarian aid devoted to the most vulnerable people affected by human-made or natural disasters, epidemics, and displacement in the Great Lakes region of Africa.
Gad Akonkwa est le PDG de JUNAF, une entreprise agroalimentaire qui est spécialisée dans la transformation des jus de fruits et legumes en République Démocratique du Congo.
The Founder & CEO of Insolation Solaire Inc., a Canadian solar energy startup, signed a Public Private Partnership with the DRC to deploy its novel solar optical module technology called “Oriens Duo”.
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, has announced that its RP (Restructuring Plan) has been approved and agreed with the lenders.
Daniel Wa Mukina est le PDG de DIMbusiness family, une firme congolaise de futurs créateurs d'entreprises donnant un sens aux projets des entrepreneurs ainsi que lever les fonds pour financer les différents projets.
Two FAO-designed projects, one focusing on agroforestry in sub-Saharan Africa and the other on water management in the Near East, received $80 million, paving the way to improve the livelihoods of smallholder farmers.
Liquid Telecom, which this week changed its name, has expanded its terrestrial fibre network to the Democratic Republic of Congo (DRC) for the first time.
The African Guarantee Fund (AGF) and Equity Group signed an agreement which will provide a $75 million guarantee fund to four of Equity’s bank subsidiaries within the Group.
Bboxx is announcing a new partnership with the United Nations Capital Development Fund (UNCDF), to scale access to LPG clean cooking services in the Democratic Republic of Congo (DRC).
The Democratic Republic of Congo has postponed its AstraZeneca vaccination rollout campaign, originally set to begin on Monday, March 15th.
In order to ensure the DRC’s supply of cooking gas, the State is currently piloting a project that, once completed, will also help protect the environment.
As the COVID-19 pandemic, conflict and climate-related crises drive acute levels of hunger higher, FAO is seeking $1.1 billion in 2021 to save the lives and livelihoods of some of the world's most food-insecure people.
With a population of close to 90 million people, the Democratic Republic of Congo (DRC), which is the largest country in sub-Saharan Africa, boasts 90 million hectares of pasture that can support 40 million heads of cattle and produce 1.5 million tonnes of beef per year.
The AFAWA Guarantee for Growth program targets financial institutions to increase their appetite to lend to women who are known to be better payers
The Raxio Group has announced that it is establishing and investing in ‘Raxio Kinshasa’, the first in a series of state-of-the-art, privately owned, carrier-neutral, data centres in the DRC.
More than 1.7 million doses of COVID-19 vaccines have arrived in Kinshasa, the capital of the DRC.
Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced after its board meeting, significant changes in the leadership of the Group's board and management.
Under the terms of the agreement with Orange DRC, NuRAN is partnering with Orange DRC for the purpose of constructing and operating 2,000 new NuRAN towers over the next 40 months throughout the Democratic Republic of the Congo.
The UN Emergency Fund has allocated $15 million from the Central Emergency Response Fund (CERF) in response to Ebola outbreaks in Guinea and the Democratic Republic of the Congo (DRC).
Equity Group appointed Yves Cuypers as the first Equity Group Holdings Regional Director in charge of the Central and Southern Africa.
The Democratic Republic of Congo has just signed an agreement with Egypt for the establishment of a solar power plant in the Central African country.
The Food and Agriculture Organization of the United Nations (FAO) welcomed a €40 million contribution from Germany to help farmers and fishers withstand threats like COVID-19 and extreme climate events.
The DRC's President Félix Tshisekedi has now taken over the helm of the African Union to serve as the chairman for one-year.
KINSHASA - A woman has contracted Ebola and died in a new case of the virus detected in eastern Democratic Republic of Congo near the city of Butembo, the health ministry said on Sunday.
Equity Group Holdings (EGH) received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commerciale Du Congo (BCDC) to form a new bank - Equity Banque Commercial du Congo (EquityBCDC).
Education Cannot Wait (ECW) announced $22.2 million in catalytic investment grants to accelerate education in emergency response in the Democratic Republic of Congo (DRC).
Gridworks, the company set up to develop and invest in electricity networks across Africa, welcomed the announcement that a consortium it is leading has been appointed preferred bidder for the Essor A2E Initiative (Essor) in the Democratic Republic of Congo.
AfDB grants additional $3.5m to Central African Republic for electricity interconnection project with DRC
The African Development Bank (AfDB), granted an additional donation of $3.52 million to the Central African Republic to help the country to complete the first phase of an electricity interconnection project with the Democratic Republic of the Congo (DRC).
USAID’s Pay As You Go Liquid Petroleum Gas Program awarded a grant to Bboxx to test and scale up LPG technology in the Democratic Republic of Congo.
Bboxx, a next generation utility, has secured a $4 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), a debt fund managed by Lion’s Head Global Partners (LHGP), to accelerate Bboxx’s operations in the DRC.
An outbreak of the deadly Ebola virus disease in the Democratic Republic of Congo (DRC) is over, the government announced after a five-month response supported by the UN’s World Health Organization (WHO) and other partners.
Airlink, the privately-owned and independent regional airline, will connect South Africa and the Democratic Republic of Congo (DRC) when it launches its new scheduled passenger flights between Johannesburg and Lubumbashi on 30 November 2020.
National Aviation Services (NAS), the airport services provider, has been awarded a new ground handling license - Certificat d’Operateur d’Assistance en Escale (COEA) by the Civil Aviation Authority of the Democratic Republic of the Congo.
The OPEC Fund for International Development (the OPEC Fund) is providing two loans totaling $45 million to help increase the supply of potable water and boost food security in the Democratic Republic of Congo.
The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo.
Crown Agents Bank has collaborated with VODACASH SA in the innovating project of enabling international mobile payments in the Democratic Republic of Congo (DRC) through the M-Pesa brand.
Ebola is spreading in a western province in the Democratic Republic of the Congo (DRC), raising fears that the disease could reach neighbouring Republic of Congo and even the capital, Kinshasa, the World Health Organization (WHO) said.
The Ministers’ Council of the Democratic Republic of Congo (DRC) has approved Perenco’s proposition to launch an electricity production project in the country.
The United States, through the U.S. Agency for International Development (USAID), announced more than $15 million in additional humanitarian assistance to help end the outbreak of Ebola in Équateur Province in DRC.
Construction works for phase 1 of a 600 MW photovoltaic plant in the Menkao district of Kinshasa, Democratic Republic of Congo (DRC), was launched by H.E. President Felix Tshisekedi.
Nespresso has announced a long-term commitment to revive the Democratic Republic of Congo's (DRC) coffee industry, under its unique Reviving Origins program.
Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons producers.
The United Nations World Food Programme (WFP) warns millions of lives could be lost in Democratic Republic of Congo (DRC) due to hunger unless the international community steps up with more help.
[Kenya] Equity Group Holdings completes acquisition of majority stake in Banque Commerciale Du Congo
Equity Group Holdings PLC has announced the completion of its acquisition of 66.53 per cent stake in the Banque Commerciale Du Congo (BCDC) at a cost of $95 Million.
The United States, through the USAID, is providing more than $7.5 million in additional humanitarian assistance to help end the 11th outbreak of Ebola in Équateur Province in Northwestern Democratic Republic of the Congo.
Ebola outbreak in the Democratic Republic of the Congo’s (DRC) Equateur Province continues to grow, causing major concern as the World Health Organization (WHO) and partners face critical funding gaps.
The COMESA National Federation of National Associations of Women in Business (FEMCOM) Chapter in DR Congo has embarked on a $2.3 million project to support women in business.
IFAD announced support for a new programme in the DRC to reduce poverty, increase productivity and incomes, improve food and nutrition security, and build the resilience of more than 410,000 small-scale farmers households.
The Government of the Democratic Republic of Congo and TradeMark East Africa (TMEA) are working on the construction of the One-Stop Border Post (OSBP) at Mahagi in Ituri Province, on the border with Uganda.
The Security Council renewed the sanctions regime imposed on the Democratic Republic of the Congo for one year, while extending for 13 months the mandate of a Group of Experts tasked with assisting in the oversight of those measures.
More than 150 trained Red Cross volunteers have been deployed as part of a first wave of response to the latest Ebola outbreak in the Équateur Province, in the western part of Democratic Republic of the Congo.
The African Development Bank granted Abidjan a funding of $13.55 million to support the fight against the Covid-19 pandemic within the Economic and Monetary Community Central Africa (CEMAC) and the Democratic Republic of Congo (DRC).
Gilat Telecom has announced the commercial availability of its Software-Defined Wide Area Network (SD-WAN) for both satellite and fiber networks after extensive testing by a major pan-African operator.
The World Bank Group approved $47 million in financing from the International Development Association (IDA) to fund the emergency response to the COVID-19 epidemic in the Democratic Republic of Congo (DRC).
Konnect Africa, Schoolap and Flash Services have announced a Memorandum of Understanding to connect several thousand schools across the Democratic Republic of Congo (DRC) to the Internet.
The German Federal Ministry for Economic Cooperation and Development (BMZ) has contributed $54 million to a resilience building programme in the east of the Democratic Republic of the Congo (DRC).
The German Federal Ministry for Economic Cooperation and Development has contributed EUR 50 million to a resilience building programme to be implemented by FAO, UNICEF and WFP in the east of the Democratic Republic of Congo (DRC).
South Africa's Openserve says it has received confirmation from the cable ship Leon Thevenin that the portion of the SAT3/WASC repair offshore Congo has been completed.
The Government of the Democratic Republic of the Congo and General Electric have announced signing of an MoU in infrastructure projects enabling the increase in the supply of electric energy and health modernization programs.
High-performance internet connectivity was restored in the Democratic Republic of Congo within just four days after the West Africa Cable System undersea cable cut.
AVZ Minerals announces that its subsidiary AVZ Power, has signed a Memorandum of Understanding with the DRC Ministry of Hydraulic Resources and Energy to investigate refurbishment of the MpianaMwanga hydro-electric power station.
DPO Group, a payments technology company in Africa, has announced that it is now operating in Senegal, Côte d'Ivoire and the Democratic Republic of Congo in francophone Africa.
Bboxx, a British next generation utility company signed a memorandum of understanding with the Government of the Democratic Republic of Congo to bring affordable, reliable and clean electricity to 10 million citizens by 2024.
Anglo African Oil & Gas, an independent oil and gas developer has entered into a term sheet for a put and call option agreement with Zenith Energy over the residual holding of 20 per cent in AAOG Congo.
Global Agriculture and Food Security Program announces new grants to fight hunger, poverty in FCV countries
The Global Agriculture and Food Security Program (GAFSP) announced that seven projects in countries affected by fragility, conflict, and violence (FCV) will receive grants totaling $97.6 million.
The Governing Board of the OPEC Fund for International Development (the OPEC Fund) has approved US$310 million of new funding to benefit developing countries across the globe.
The European Commission has announced €50 million to help the most vulnerable people affected by the Ebola epidemic in the Democratic Republic of Congo.
Four European banks are financing a palm oil company that is violating workers’ rights and dumping untreated waste, Human Rights Watch said in a report.
IITA, Kalambo station, newly inaugurated as the President Olusegun Obasanjo Research Campus, has commissioned a new tissue culture laboratory.
PhosAgro Group signs partnership with Kropz to promote fertilizer use in South Africa, Ghana and DR Congo
PhosAgro Group, one of the world's leading producers of phosphate-based fertilizers, and Kropz plc., an emerging African phosphate producer, have signed a memorandum of understanding.
Belgium national carrier Brussels Airlines is now operating seven flights per week to Kinshasa again.
[Column] Koketso Lediga: Infrastructure and energy are key to a new economic journey in the Democratic Republic of Congo
The Democratic Republic of Congo (DRC), sub-Saharan Africa’s largest country, is known for being a tough place to do business but also one of unexploited economic potential.
Accor, a leading augmented hospitality group, has announced the debut of its successful midscale brand Novotel in the Democratic Republic of Congo (DRC).
The European Commission has announced €34.275 million in humanitarian funding to help the most vulnerable people in the Great Lakes region in Africa.
[Column] NJ Ayuk: Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal
Last week, a UK commercial court gave reason to a claim by engineering company P&ID, which demands over USD$9 billion from the Nigerian government over a failed gas deal.
The United Nations World Food Programme (WFP) in Malawi is deeply concerned about the worsening food situation for approximately 40,000 refugees and asylum-seekers following a cut in the amount of food assistance they receive.
The World Bank Group announced that it is mobilizing up to US$300 million to scale up support for the global response to the Ebola epidemic in the Democratic Republic of Congo (DRC).
The African Development Bank (AfDB) Group signed an agreement with Cameroon to open its regional headquarters in the country’s capital, Yaoundé, reinforcing its goal to get closer to member states.
According to Mercer's 25th annual Cost of Living Survey N'Djamena, Chad takes the lead as the highest-ranking city in Africa.
Most of the South African companies that were funded by dti to participate in the 15th edition of the DRC Mining Week exhibition say it has produced good trade leads and tangible results for them.
The African Export-Import Bank is interested in participating in the syndicated facility for the construction of the bridge between Brazzaville and Kinshasa to link the two Congos.
BBOXX, a provider of off-grid solar home solutions for rural communities in Africa has entered into an agreement with Victron Energy to provide solar solutions to households across Democratic Republic of Congo.
DR Congo’s newly elected President Felix Tshisekedi and Barrick Gold Corporation’s Executive Chairman John Thornton have confirmed their partnership to develop the country’s gold mining industry.
RwandAir, the national carrier of the Republic of Rwanda has announced that it will launch flights to Kinshasa, the capital city of the Democratic Republic of Congo (DRC) effective 17th April, 2019.
The AfDB Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema.
Farmers, youth, women and small businesses in the Democratic Republic of the Congo will gain better access to financial services following the launch of a new project between FSD Africa and Equity Bank Congo.
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.
African Infrastructure Investment Managers acquires stake in BBOXX as it expands to off-grid solar market
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
Armadale has entered into final formal sale agreement with African Royalty Company Limited for the sale of the Mpokoto Gold Project in the Democratic Republic of Congo.
Lactiangol, Angola's main dairy unit, has been acquired by the Webcor group, in a deal valued at $30 million.