DRC loses up to $15 billion yearly due to fraud
Democratic Republic of Congo (DRC) president’s anti-corruption adviser on Wednesday said the central African country loses up to $15 billion yearly due to fraud. During […]
Democratic Republic of Congo
Africa is ‘tired of being in the dark’ AfDB Boss tells Paris COP21 Summit
President of the African Development Bank, Akinwumi Adesina, who pledged to bring electricity to the poorest parts of the continent within a decade, said on […]
Burundi-Violence: Obama worried, UN could send peacekeepers
U.S. President Barack Obama, in a phone call with South Africa’s President on Wednesday, expressed “deep concern” about the situation in Burundi and urged regional […]
DRC: Copper production to rise to 1 million tons in 2015
Democratic Republic of Congo will produce about 1 million tons of copper for the second consecutive year in 2015, the mines ministry said on Thursday. […]
DRC: Ireland court releases state-owned plane grounded in debt row
An airplane belonging to Democratic Republic of Congo’s new national carrier was released by an Irish court earlier this week after it was grounded over […]
Smile Telecom to expand African wireless with $365 mln
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]
DRC: 5.6 Magnitude Earthquake Hits Eastern Region
A 5.6 magnitude earthquake struck the eastern part of the Democratic Republic of Congo early on Friday local time at a relatively shallow depth of […]
Zambia to issue $2 bln 10-year Eurobond
Zambian government plans to issue a 10-year Eurobond which could reach up to $2 billion to be mainly used to fund its budget deficit that […]
Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]
DRC cuts budget to face oil price drop
The Democratic Republic of Congo is planning steep cuts in spending across all parts of its current 2015 budget by nearly 12 percent to compensate […]