DRC - Nomad Press

14 Sep

37 Sentenced to Death in DR Congo for Alleged Coup Attempt, Including Three Americans

Reporter0 CommentsAfricaDRC

A military court in the Democratic Republic of Congo sentenced 37 people to death on Friday, including three Americans, over an alleged coup attempt. Among those sentenced were also a Belgian, Briton, and Canadian, all naturalized Congolese. The trial, which began in early June, concluded with the harshest penalties as the court president, Freddy Ehume, read out the verdicts in Kinshasa. Defendants, dressed in prison uniforms, sat in silence as the death sentences were announced. The accused were found guilty of charges including criminal association, attack, and terrorism. Fourteen individuals were acquitted due to lack of evidence connecting them to…

24 Aug

Uganda and DRC Commit to Strengthening Fisheries Management

Reporter0 CommentsAfricaDRC, Fisheries, Uganda

Uganda and the Democratic Republic of Congo (DRC) have reaffirmed their commitment to the sustainable management of shared fisheries resources in Lakes Edward and Albert. During the third Council of Ministers (CoM) meeting held today, both nations approved the workplan and budget for the Bilateral Fisheries and Aquaculture Organisation (BFA) for the fiscal year 2024-2025. This meeting marks another significant milestone in the ongoing collaboration between the two countries, building on the foundation laid during the 7th Joint Permanent Commission (JPC) session in 2018, where the Bilateral Fisheries Agreement was signed. This agreement established a framework for the joint management…

08 Jul

Foreign and EAC Ministers Call for Urgent Action in Eastern DRC

admin0 CommentsAfricaBurundi, DRC, East African Community (EAC), Kenya, Rwanda, Tanzania, Uganda

Ministers of Foreign Affairs and East African Community (EAC) affairs from the region have urgently called for action to address the humanitarian and security crisis in the Eastern Democratic Republic of Congo (DRC). Meeting in Zanzibar, the ministers expressed deep concern over the deteriorating situation, where more than 2.8 million people have been displaced. They appreciated the humanitarian truce negotiated by the United States and recommended that it be extended indefinitely. Recognizing the necessity of a political process to achieve sustainable peace and security in Eastern DRC, the ministers recommended convening a summit of EAC Heads of State. This summit…

26 Jun

Africa Finance Corporation (AFC) invests in DRC copper complex

admin0 CommentsBusinessCopper, DRC

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion of the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The loan by AFC, who acted both as lender and arranger, aligns with the Corporation’s commitment to support the local beneficiation of Africa’s abundant mineral resources to unlock the continent’s economic prosperity. Kamoa-Kakula is a world-class, high-grade, low carbon-intensive, underground copper deposit situated on the western edge of the prolific Central African Copperbelt. It started production in July 2021 and…

22 Jun

Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in DRC

admin0 CommentsBusinessChina, DRC

The Republic of the Congo has a goal of increasing hydrocarbon production to 500,000 barrels per day (bpd) and projects such as Wing Wah Oil Company’s Banga Kayo development will serve as catalysts for meeting this objective. The project is a strong example for how integration and scalability can be utilized to not only monetize resources but maximize production beyond the lifecycle of initially-tied in blocks. The African Energy Chamber (AEC) – the voice of the African energy sector – conducted a tour of Wing Wah’s project near Pointe Noire during a working visit to the country this week. A…