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The development of the Democratic Republic of Congo’s (DRC) first deep-water port at Banana is progressing on schedule, with completion of the first phase slated for early-2027. The project is set to become a major milestone in the country’s drive to strengthen its trade infrastructure and unlock economic growth. Progress was confirmed during a high-level […]
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The Democratic Republic of Congo (DRC) remains pivotal to the global cobalt supply, with two-thirds of the world’s cobalt coming from the mines of the Central African nation. However, much of the DRC’s cobalt output is exported to China, which controls 75% of the global cobalt processing industry. Cobalt, a critical material for making batteries, […]
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By Michelle Gavin Attempts to change the constitution of the Democratic Republic of Congo only exacerbate existing citizen distrust in government. The people of the Democratic Republic of Congo (DRC) bear heavy burdens. Their resource-rich country is one of the five poorest in the world. Profound insecurity characterizes the country’s east, where scores of armed groups operate, […]
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Situated in Goma-Nord-Kivu, DRC, SATEC (Sapientia Technologies and Engineering Company), a Congolese manufacturer led by a group of young entrepreneurs, is transforming the local food economy—one incubator at a time. The poultry industry in the Democratic Republic of Congo has long faced insecurity and heavy reliance on international imports. Alarming statistics reveal that over 90% […]
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Congolese security forces shot and killed dozens of protesters, and wounded scores more, gathering in the city of Goma, in eastern Democratic Republic of Congo, on August 30, 2023. The security forces also arrested several dozen people. A mystic religious sect called Natural Judaic and Messianic Faith Towards the Nations had planned the protest to […]
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Visa Inc. (NYSE: V), the leading global payments technology company, has outlined its commitment to expanding digital payments in the Democratic Republic of Congo by establishing local business operations and working closely with the government and financial ecosystem to bring the benefits of digital payments to consumers, merchants, and partners. Visa marked the official opening […]
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By Elena L. Pasquini “We have buried twenty-eight people. I have seen them with my own eyes. We also found three bodies in the fields and buried them too. I can show them to you. It’s not far from here. We buried them there.” The man points to the hills. He doesn’t want to show his […]
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Reviving Origins KAHAWA ya CONGO captures the sweet, fruity flavours of coffee from Lake Kivu’s volcanic shores Coffee lovers in South Africa can now enjoy a new organic coffee, while helping revitalise one of the world’s most fragile farming regions. The Reviving Origins KAHAWA ya CONGO coffee (“Hope of Congo”) from Nespresso is a smooth […]
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Millions of unbanked and financially excluded residents in DRC to gain access to formal financial and digital services Mastercard’s technology to enable development of diverse digital payment solutions Partnership is aligned with DRC’s National Digital Plan (NDP) Mastercard has partnered with Billetera – a leading digital payments technology company headquartered in Kenya – to provide millions of […]
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Sub-Saharan Africa has an infrastructure gap of more than $40 billion. As noted by U.S. President Barack Obama in the announcement of his Power Africa project recently, this gap is most notable in the power sector. The power sector accounts for nearly 60 percent of the spending deficit, and more than half of sub-Saharan Africa’s population […]
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