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President Félix Tshisekedi’s promotion of potentially radical change has accelerated since the appointment in April of Prime Minister Jean-Michel Sama Lukonde Kyenge, and the end of his alliance of convenience with the pro-Kabila Front Commun pour le Congo coalition (AE 433/23).

DR Congo
Issue 449 - 04 November 2021

DR Congo: Lubero HEP comes online

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The 14.6MW Lubero hydroelectric power (HEP) plant is operating at full capacity and is expected to start commercial operations on 1 November, Virunga Foundation has told African Energy.

DR Congo
Issue 449 - 04 November 2021

Inpex sells out to Perenco in DR Congo

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Japan’s Inpex announced on 27 October it had sold its longstanding interest in the Offshore DR Congo Block to Perenco Energies International. Inpex’s 32.28% participating interest in the block had been held via Teikoku Oil.

DR Congo
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China under President Xi Jinping has shifted markedly from its position of not intervening in foreign conflicts – even in a multilateral context – and positioning its forces far from the People’s Republic. Beijing has stepped up its military presence in Africa over the last decade, in large part through its contributions to United Nations peace-keeping missions.

DR Congo | South Sudan | Djibouti | Mali
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A major investment in Democratic Republic of Congo, Kamoa-Kakula is set to become Africa’s largest copper producer by Q2 2022, in a market entrepreneur Robert Friedland says will be “psychedelic”. It will be powered by the 162MW Inga II upgrade as developers work to better exploit DRC’s world-scale hydropower resource, writes Marc Howard

DR Congo
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Controversy continues to dog financing from China, the world’s largest bilateral lender by a distance. Its debt provision has transformed the African funding landscape over the past two decades: according to African Energy Live Data, $38bn of Chinese investment was committed to power projects across the continent between 2014 and 2019 alone.

Botswana | DR Congo | Uganda | Guinea | Zambia | Equatorial Guinea | Congo Brazzaville
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In a further sign of the importance of renewable energy and storage to Democratic Republic of Congo (DRC) miners, France’s Tractafric has commissioned a 7.5MW battery storage system for the Kibali gold mine’s 74.5MW micro-grid in Haut-Uele province.

DR Congo
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The government is reviewing the $6bn infrastructure-for-minerals deal concluded by then President Joseph Kabila Kabange and Chinese investors, in the context of a broader examination of mining contracts, finance minister Nicolas Kazadi told Reuters on 27 August.

DR Congo
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In an important recognition of President Félix Tshisekedi’s enhanced grip on power, the International Monetary Fund (IMF) on 15 July approved Democratic Republic of Congo (DRC)’s first programme since 2012, to support “a fragile state with recurring health and security crises, high macroeconomic volatility and weak institutions”

DR Congo
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Media reports in mid-June said the Democratic Republic of Congo (DRC) government had selected Australia’s Fortescue Metals Group to develop all six phases of the Grand Inga hydroelectric power project, in the latest iteration of the HEP mega-project’s long history. Reuters quoted President Felix Tshisekedi’s infrastructure advisor Alexy Kayembe De Bampende as saying in a text message that “Fortescue will be the sole operator for the entire Grand Inga (3 to 8).

DR Congo
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Concession agreements have been signed for Democratic Republic of Congo’s Essor programme, which are expected to facilitate $100m of investment into remote grids. The approach has been mooted as a more sustainable way to promote isolated grids and more concessions could be on the way, writes Dan Marks.

DR Congo
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As the hype around hydrogen gets ever louder, governments and developers are putting forward grandiose plans to manufacture green hydrogen – ‘the new oil and gas’ – across the continent. African Energy has been sceptical about the hydrogen boom’s relevance to economies that are hard pressed to finance basic needs, but high hopes are being generated in countries like Mauritania and Namibia, where schemes to install an unimaginable 65GW of hydrogen-driven capacity are promised, writes John Hamilton.

Egypt | DR Congo | Namibia | Mauritania | Morocco | South Africa | Tunisia | Western Sahara (under UN mandate)
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President Félix Tshisekedi’s Sacred Union parliamentary majority was approved by parliament on 26 April, marking a formal end to an uncertain period when ex-president Joseph Kabila Kabange remained a powerful influence.

DR Congo
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DRC has fallen dramatically behind in meeting sustainable development goals that would provide basic improvements for its impoverished population, even as President Tshisekedi and friends from Cairo to Abidjan work on hugely costly prestige projects, from a new capital to yet more plans for Inga, writes François Misser.

DR Congo
Issue 437 - 29 April 2021

Miga guarantees Bboxx backers

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The World Bank Group’s Multilateral Investment Guarantee Agency (Miga) has issued guarantees worth up to $37.1m to African Infrastructure Investment Managers’ (AIIM) African Infrastructure Investment Fund 3. It will cover AIIM’s investment in solar home system (SHS) company Bboxx’s operations in Democratic Republic of Congo (DRC), Kenya, and Rwanda for up to ten years.

DR Congo | Rwanda