Aimé Molendo Sakombi Vows to Transform DRC Hydrocarbons Sector into Economic Powerhouse 1 Mining in DRC Governance 

Aimé Molendo Sakombi Vows to Transform DRC Hydrocarbons Sector into Economic Powerhouse

Aimé Molendo Sakombi, the newly appointed Minister of Hydrocarbons, has committed to transforming the hydrocarbons sector into a key driver of economic growth and development in the Democratic Republic of Congo (DRC). His appointment and subsequent remarks were made on Thursday, June 13, 2024, during the official handover ceremony. Transitioning from his previous role as Minister of Land Affairs, Sakombi brings a wealth of experience and a reputation for reform. He aims to implement bold reforms to enhance transparency, efficiency, and attractiveness in the hydrocarbons sector, which is pivotal for… Read More Here
Anthony Nkinzo Appointed Chief of Staff to Congolese President 2 Mining in DRC Events & Expos Governance 

Anthony Nkinzo Appointed Chief of Staff to Congolese President

Anthony Nkinzo has been appointed Chief of Staff to the Congolese Head of State. His appointment was announced on Radio Télévision Nationale Congolaise (RTNC) on Thursday, June 13, 2024. Prior to his new role, Nkinzo served as the Director General of the National Agency for the Promotion of Investments (ANAPI). During his tenure at ANAPI, he actively participated in discussions on business climate reforms, most recently at a panel during DRC Mining Week. In his speech on investment priorities, Nkinzo addressed the complexities of improving the business climate to attract… Read More Here
President Tshisekedi Chairs Inaugural Council of Ministers Meeting for Suminwa Govt 3 Mining in DRC Governance 

President Tshisekedi Chairs Inaugural Council of Ministers Meeting for Suminwa Govt

On Friday, President Felix Tshisekedi chaired the first meeting of the Council of Ministers for the newly inaugurated Judith Suminwa Government at the African Union City. This meeting, held three days after the government’s inauguration by the National Assembly on June 12, served as an initial contact between the President and the members of the new administration. During the Council of Ministers, President Tshisekedi delivered an orientation speech to the new members of the National Executive. He congratulated each member and highlighted the significant challenges ahead, emphasizing the necessity for… Read More Here
Cyril Ramaphosa Re-elected as South Africa’s President in Historic Coalition Deal 4 Governance International 

Cyril Ramaphosa Re-elected as South Africa’s President in Historic Coalition Deal

South Africa’s parliament has re-elected Cyril Ramaphosa as the country’s president following an unprecedented coalition deal between the governing African National Congress (ANC) and several opposition parties. This new government of national unity brings together Ramaphosa’s ANC, the centre-right Democratic Alliance (DA), and smaller parties, marking a significant shift in the nation’s political landscape. In his victory speech, President Ramaphosa praised the new coalition, emphasizing the electorate’s expectation for leaders to “act and to work together for the good of everyone in our country.” The coalition agreement was finalized amidst… Read More Here
Judith Suminwa promises to boost the growing insurance sector 5 Mining in DRC Governance 

Judith Suminwa promises to boost the growing insurance sector

The insurance market in the Democratic Republic of Congo (DRC) has witnessed remarkable growth over the past five years since its liberalization in 2015. From a turnover of USD 70 million in 2018, the sector surged to USD 221 million in 2021 and further to over USD 268 million in 2022, marking a significant 270% increase in four years. By the end of 2023, the turnover had reached USD 320 million. Prime Minister Judith Suminwa Tuluka highlighted these achievements during her address to national elected officials on June 11, 2024,… Read More Here
New DRC Govt Urged to Prioritize Energy Sector to Boost Mining Industry 6 Mining in DRC Energy Governance 

New DRC Govt Urged to Prioritize Energy Sector to Boost Mining Industry

On the eve of the inauguration of the Judith Suminwa Tuluka government, the Prime Minister and her team face numerous challenges, with a significant emphasis on prioritizing the energy sector. Patrick Muland Kabey, President of the Fédération des Entreprises du Congo (FEC) Katanga section, highlighted the critical need for this focus to support the mining industry, which is currently suffering from a severe electrical energy deficit. Speaking at a press conference in Lubumbashi organized by DRC Mining Week in collaboration with the FEC and event sponsors, Patrick Muland called for… Read More Here
ARSP Issues Over 2,300 Registration Certificates to Entrepreneurs in Haut Katanga 7 Mining in DRC Governance 

ARSP Issues Over 2,300 Registration Certificates to Entrepreneurs in Haut Katanga

The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has issued more than 2,300 registration certificates to entrepreneurs in the Haut Katanga province. This milestone demonstrates the commitment of ARSP Director General Miguel Katemb to realizing the President’s vision of creating a Congolese middle class. The ceremony was led by provincial director Bijoux Mushitu Kat, who commended the ARSP’s dedication to supporting Congolese subcontractors and called for collective efforts to foster the emergence of a Congolese middle class. “In the name of the Director General of the ARSP, the… Read More Here
New DRC-China Mining Amendment Sparks Controversy and Concerns Over Transparency 8 Mining in DRC Governance 

New DRC-China Mining Amendment Sparks Controversy and Concerns Over Transparency

Signed on March 14, 2024, Amendment No. 5 between the government of the Democratic Republic of Congo (DRC) and the Chinese Enterprise Group (GEC) regarding mining operations by Sino-Congolese Mines (Sicomines) continues to generate significant debate. The amendment, which trades mining rights for infrastructure development, has faced scrutiny since President Félix Tshisekedi took office in 2019, sparking a trade war between the United States and China over DRC’s mineral resources. During his visit to Kinshasa in August 2022, U.S. Secretary of State Antony Blinken pushed for the revision of mining… Read More Here
Judith Suminwa brings together her team to make contact 9 Mining in DRC Governance 

Judith Suminwa brings together her team to make contact

The Congolese Prime Minister, Judith Suminwa Tuluka, gathered her team at the Government building in Kinshasa this Tuesday, June 4, 2024.On this occasion, the Head of Government of the Democratic Republic of Congo spoke with the Deputy Prime Ministers, Ministers of State, Ministers, Delegate Ministers and Vice-Ministers, appointed by presidential order of May 28, 2024, around the preparations for the upcoming inauguration in the National Assembly. As required by the basic law, Prime Minister Judith Suminwa is expected at the National Assembly shortly to present her action program and seek… Read More Here
President Hichilema Promises Unity, Law Enforcement, and Economic Recovery 10 Mining in Zambia Economy Governance 

President Hichilema Promises Unity, Law Enforcement, and Economic Recovery

In a significant address to the nation yesterday, President Hakainde Hichilema outlined a comprehensive agenda focused on national unity, justice, and economic prosperity. President Hichilema emphasized Zambia’s heritage as a unified nation, denouncing divisive rhetoric and hate speech. He affirmed the government’s commitment to increasing penalties for theft, including essential infrastructure like electric cables. A landmark decision was announced to incorporate national unity-focused topics into the school curriculum, aiming to combat tribalism and hate speech among the youth. Addressing the rule of law, President Hichilema asserted that no individual, regardless… Read More Here

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