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IMF says more work needed before Congo’s debt-plagued economy bailout

The International Monetary Fund (IMF) has concluded its negotiation mission in Congo without reaching an agreement on an assistance package, the Washington-based international lender said in a statement. The IMF said it was encouraged by Congo’s draft 2018 budget and the progress made in formulating medium-term macroeconomic and structural policies it could support, but more […]

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Congo: Army general detained over alleged coup plot

An army general, who is also a relative of President Denis Sassou Nguesso of the Republic of Congo, has been put under house arrest over an alleged coup plot. General Norbert Dabira, 68, was arrested on Thursday by the General Directorate for Territorial Surveillance (DGST), local media reported. President Denis Sassou Nguesso has extended his […]

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Congo-Brazzaville: Dangote opens the biggest cement plant in central Africa

The Lagos-listed cement giant Dangote group owned by Africa’s richest man Aliko Dangote has officially opened a $300 million cement production plant in the Republic of Congo, the group said in a statement. The plant, which has a production capacity of 1.5 million metric tons per annum, is located at the Mfila area of capital […]

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Train Crash in Southeast DR Congo Kills scores

At least 33 people were killed and nearly 26 injured when 11 cars of a cargo train caught fire between the Democratic Republic of Congo’s second city Lubumbashi and Luena in Katanga province. According to the National Railway Company, the cause of the accident is not yet known. However, the UN’s radio Okapi said that […]

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Douala to become the financial hub of Central Africa

The heads of state of Economic and Monetary Community of Central Africa (CEMAC) in a meeting in the Chadian capital N’Djamena, decided to make Douala the financial center of the sub-region. According to the final communiqué of the one-day meeting, Libreville Stock Exchange, BVMAC, currently based in Gabon, will merge with the Douala Stock Exchange […]

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CEMAC borders finally opened to nationals of the six-State community

The free movement of persons and goods throughout the Central African Economic and Monetary Community (CEMAC) is finally effective. After Cameroon, Chad, Congo, CAR and Gabon, earlier this month, Equatorial Guinea has finally joined the list of Central African nations that have opened their borders, ending the entry visa requirement for citizens of the six […]

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US Envoy to United Nations visits Africa

The United States President Donald Trump’s special envoy has kicked off an official visit to Africa, starting from Ethiopia on Monday. America’s United Nations envoy Nikki Haley is expected to hold meetings with members of the Ethiopian government and officials of the African Union (AU) in Addis Ababa. According to a statement from the US […]

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No presidential polls in DR Congo until mid-2019

There will not be elections to choose the next president of the Democratic Republic of Congo (DRC) until 2019, the electoral commission said. Elections were due after President Kabila’s mandate expired in December 2016, but the polls did not take place because of the unavailability of a voters’ register and insecurity in parts of the […]

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Angola elections: Over 4500 security forces deployed in restive Cabinda

At least 4,570 law enforcement agents have been deployed to the restive Cabinda province disputed by secessionists as Angolans head to the polls this Wednesday for elections that will mark the end of President José Eduardo dos Santos’s 38-year rule. According to the police commander of the restive province, Eusébio Domingos de Almeida e Costa, […]

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Congo’s Sassou Nguesso reappoints Clement Mouamba as PM

Congo’s President Denis Sassou Nguesso on Monday reappointed Clement Mouamba as prime minister, the presidency said in a statement. Clement Mouamba, resigned four days ago with the entire government, as Denis Sassou Nguesso called for new leadership to help alleviate economic woes caused by a steep drop in oil prices since 2014. The announcement came […]

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