Via Bloomberg, an article on an alleged $238 million paid to transport cobalt and copper in the DRC has gone missing: For 250 hot and dusty miles, the two-lane highway cuts through central Africa, its path lined with the carcasses of trucks, buses, and minivans. But this modest road holds outsize value for global markets, connecting some […]
Read more »Via Al Monitor, an article on one Emirati logistics firms efforts to build a deep sea port for Democratic Republic of Congo: A leading Emirati logistics company began construction of a port in the Democratic Republic of Congo today. Following a ceremony, the Dubai-based DP World started work on the Banana Port, the first deep sea port in the central African […]
Read more »Courtesy of The New York Times, an interesting article on how – as the clean energy revolution upends the centuries-long lock of fossil fuels on the global economy – dealmakers and hustlers converge on the DRC’s Fleuve Congo Hotel: The lobby of the Fleuve Congo Hotel was a swirl of double-breasted suits and tailored dresses […]
Read more »Via the Australian Strategic Policy Institute, a report on how China wrested control of the Congo’s critical minerals: China’s system of bankrolling its state companies may be entrenching great inefficiency in its economy but has delivered it unchallenged dominance in the critical minerals required for advanced technologies. Separate investigations by the New York Times and Bloomberg released in recent […]
Read more »Via AllAfrica, an article on plans to build a fiber network in the DRC: Liquid Intelligent Technologies and Facebook plans to build a metro fibre network in the Democratic Republic of Congo to connect East and West Africa by land. Though they are yet to reveal when the construction of the network will commence, the […]
Read more »Via African Business, a report on two major solar energy projects in the Democratic Republic of Congo: Two major solar energy projects have been announced in the Democratic Republic of Congo (DRC) in the space of a week as investors target one of Africa’s least electrified markets. A consortium led by Gridworks, a UK government-backed developer and […]
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