Outgoing Chairperson of the African Union, His Excellency Cyril Ramaphosa conducts a symbolic handover of the African Union Flag and gavel to His Excellency President Felix Antoine Tshisekedi of the Democratic Republic of Congo and Incoming Chairperson of the African Union during the 34th Ordinary Session of the African Union Assembly.
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Diversified miner Glencore is playing a significant supporting role in the Fair Cobalt Alliance (FCA), a multi-stakeholder initiative to support the production of fair cobalt in the Democratic Republic of Congo (DRC), says Glencore lead cobalt trader David Brocas. “We operate industrial mines in the DRC, and we are the largest industrial producer of cobalt in the world, with almost 30% of the world’s overall production. Cobalt at Glencore is primarily produced in the DRC….
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A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with a state miner, according to a contract published by the mines ministry. Akon’s foray into Congo’s mining sector comes through a US- registered firm called White Waterfall LLC, of which he is the president and CEO, according to contracts published on the mines ministry website….
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China has granted some debt relief to Democratic Republic of Congo to help it overcome economic fallout from the coronavirus pandemic, the Congolese foreign ministry said on Wednesday. As a result, Congo will not have to repay its interest-free loans from China that matured at the end of 2020. The ministry did not say how much this amounted to. China has extended debt relief worth over $2 billion to developing countries under a G20 framework…
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African Leaders met in Addis Ababa to participate in a High-Level Meeting of Heads of State and Government organised by the African Union on January 17, 2019. The meeting focused on exploring the election situation in the Democratic Republic of Congo. You can read the outcome of the meeting in our previous post (read here). The communiqué of the High-Level consultative meeting of Heads of State and Government on the situation in the Democratic Republic of…
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