Search results

General

Type

Sector

Regions

Countries

Sort options

405 results found for your search

Subscriber

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
Subscriber

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
Subscriber

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
Subscriber

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
Subscriber

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
Subscriber

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)
Subscriber

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
Subscriber

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
Subscriber

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

Subscriber

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
Free

According to the most widely accepted version of still hazy events, President Idriss Déby Itno (IDI) was injured on 17-18 April fighting rebels near Mao in the Kanem region, some 300km from N’djamena; he was pronounced dead early on 20 April. The military leader, who became president in 1990, had just been re-elected (with 79.32% of the official vote) for a sixth term in a vote on 11 April.

DR Congo | Mali
Subscriber

Even before the ministerial portfolios in prime minister Jean-Michel Sama Lukonde’s new government were finalised on 12 April, President Félix Tshisekedi had picked the advisers to work on key dossiers with the presidency and ministers. The UK-based Tony Blair Institute (TBI) is among those advising the presidency, with a focus on the Inga dam mega-project, which remains as elusive as ever, while apparently even more candidates line up to develop the Congo river resource.

DR Congo
Issue 436 - 15 April 2021

DRC: New government appointed

Subscriber

After two months of negotiations, a new government led by President Félix Tshisekedi’s Union Sacrée has created a 57-member coalition government (down from 66 ministers), led by prime minister Sama Lukonde Kyenge. The government – comprised of four  deputy PMs, nine ministers of state, 31 ministers, a ministre délégué and 11 deputy ministers – includes supporters of leading opponents Moïse Katumbi and Jean-Pierre Bemba.

DR Congo
Subscriber

Off-grid operations have proved resilient in the face of Covid-19 challenges, as major investors and financial institutions expand their support for electricity access away from national grids. But scaling up local businesses so that distributed energy solutions can reach their potential remains a huge challenge, leading industry players told a virtual African Investment Exchange (AIX) meeting.

Kenya | DR Congo | Chad | Nigeria | Madagascar | South Africa
Free

Italy’s Eni has settled a corruption case relating to its activities in Republic of Congo, making a payment of €11.8m ($14m). Eni said in a statement that allegations of international corruption “ceased to exist” and that the payment had followed the reduction of the charge by the Court of Milan to undue inducement.

DR Congo