Scores of anti-Kabila protesters were killed last week in the Democratic Republic of Congo (DRC) as they marched on the streets of the capital Kinshasa and other cities in the Central African nation while calling for president Joseph Kabila to step down. Read more
Government officials in the United States and Europe are being urged to take action against a suspected money laundering scheme in the Democratic Republic of Congo (DRC). Read more
Gunfire rang out across Congo’s capital and protesters poured into the streets as President Joseph Kabila made a last-ditch attempt to cling to power, appointing a new government five minutes before his two-term limit was due to expire. Read more
The U.K. Serious Fraud Office is investigating Israeli billionaire Dan Gertler and four former Eurasian Natural Resources Corp. executives as part of its three-year probe into the Kazakh company’s acquisition of copper and cobalt mining projects in the Democratic Republic of Congo. Read more
Johannesburg A bombshell landed on my desk this week Global Witness released its latest report exposing the fact that President Joseph Kabila of the Democratic Republic of Congo sold mining royalties from his country’s most profitable mining project last year to his close friend. Read more
Och-Ziff Capital Management Group, the New York-based hedge fund that is buying 14 ski resort properties across the country, including Loon Mountain and Mt. Sunapee, earlier this year agreed to pay $412 million in criminal and civil penalties to settle charges related to offering bribes in several African nations, with some money allegedly going to the son of Col. Muammar el-Qaddafi, the late Libyan dictator. Read more
Let’s be honest: being president, of anywhere, doesn’t look like much fun. The pressure is intense, the workload relentless. Read more
The Democratic Republic of Congo’s state mining firm has signed away royalties from one of the country’s most lucrative mining projects to a company owned by a close friend of President Joseph Kabila, Global Witness said on Tuesday, allegations that were swiftly denied. Read more
The Democratic Republic of Congo is not a failed state—for everyone. It is a failure for the vast majority of Congolese who suffer from abysmal security, health care, and education services. Read more
KINSHASA – The Democratic Republic of Congo (DRC) defended Israeli-billionaire Dan Gertler’s business dealings in the mineral-rich country, five days after he was linked to a bribery investigation by US authorities. Read more
