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Congo-Kinshasa
Population: 62.4mn.
GNI, $ : 8.6bn.
Debt: 10bn.
Overview:

The rebound of copper prices brings the return of Chinese miners, but the development of the huge ore-for infrastructure deal is not moving fast enough for President Joseph Kabila to reap the benefits in 2010 local or 2011 presidential polls.

news from Congo-Kinshasa

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Found 44 articles.

Displaying 1-10 out of 44 results.

  • Vol 5 No 1
  •  November 2011

Frozen funds

The finance for the Congolese-Chinese joint venture has been held up and Kinshasa wants the mining companies to bridge the gap

  • Vol 5 No 1
  •  November 2011

IMF worried about Chinese loans again

The award of the copper and cobalt mines at the Lonshi and Frontier sites to the Hong Kong company Fortune Ahead Limited is causing concern at the International Monetary Fund. Congo-Kinshasa’s Finance Minister Augustin Matata Ponyo revealed in a 27 Septem...

  • Vol 4 No 12
  •  October 2011

Water and copper under the bridge

South Korean company Samsung C&T has become a collateral victim of the dispute between Belgian company George Forrest International and Congo-Kinshasa’s state mining company, Gécamines. GFI and Gécamines are vying for control of Compagnie Minièr...

  • Vol 4 No 11
  •  September 2011

Fire sale

Ahead of national polls scheduled for 28 November, the Kinshasa government has decided to sell off state assets to a Hong Hong-based company for a fraction of their value.

  • Vol 4 No 9
  •  July 2011

Shifting foundation

The terms of the mines-for-infrastructure contract are flexible, which is good because they’re up for negotiation again

  • Vol 4 No 6
  •  April 2011

Old debts and new deals

Hong Kong’s Court of Final Appeal will decide this month whether FG Hemisphere, a United States-based vulture fund, is entitled to seize US$100 million from payments due to the Congolese state from the Sicomines consortium. The case pits Hong Kong’s ...

  • Vol 4 No 5
  •  March 2011

Surveying Sicomines

The Congolese authorities are having trouble holding their Chinese partners to account while new barter deals and contracts pile up

  • Vol 4 No 5
  •  March 2011

All roads lead to Beijing

Chinese construction companies are not just carrying out Beijing-backed projects, they are also winning contracts from international donors. The first phases of telecommunications projects funded by China Export-Import Bank are under way.

  • Vol 4 No 1
  •  November 2010

The price of debt forgiveness

Kinshasa may have to rethink its deals with China if it wants debt write-offs from Western creditors

  • Vol 4 No 1
  •  November 2010

Hyperactive relations

South Korean President Lee Myung-Bak is due in Kinshasa in early 2011 to reciprocate Congolese President Joseph Kabila’s visit to Seoul in March. This month, the Korean International Cooperation Agency invited Prime Minister Adolphe Muzito, Mines Minister...

Displaying 1-10 out of 44 results.