Democratic Republic Congo News » Congo Central News Democratic Republic Congo » Congo-Central » Economy: Congo plans franc payments to boost currency, investment
The Democratic Republic of Congo is preparing new rules requiring domestic payments and mining subcontractors to transact in Congolese francs to reduce dependence on the US dollar.
News Democratic Republic Congo » Congo-Central » Economy: DR Congo’s riverboat economy – how a floating transport system tells the country’s story
Road transportation in the Democratic Republic of Congo has received much scholarly attention. Some studies have examined the urban landscape (p.142). Others have studied transportation in the context ...
News Democratic Republic Congo » Congo-Central » Economy: Congo miners could save $1 billion a year with new power project, Trafigura executive says
KINSHASA, Oct 7 (Reuters) - Miners in Congo's Copperbelt could save about $1 billion annually by replacing diesel generation with imported electricity under a planned transmission project aimed at ...
News Democratic Republic Congo » Congo-Central » Economy: US Ebola Travel Ban Hits Congo Economic Pact, Africa Nation Says
US Ebola travel restrictions that require anyone who’s been in the Democratic Republic of Congo to wait three weeks to come to the US are hindering an economic pact between the two countries, Congo’s ...
News Democratic Republic Congo » Congo-Central » Economy: Kenya’s Equity targets $700m Congo mining loans
EQUITYBCDC, the Democratic Republic of Congo unit of Kenya’s Equity Group, says it can arrange loans approaching $700m by drawing on its parent company’s regional network, Bloomberg reported ( ...
News Democratic Republic Congo » Congo-Central » Economy: Congo to Demand Franc Payments to Boost Currency, Investment
Democratic Republic of Congo’s central bank will soon require a range of payments to be made in francs instead of dollars — including to mining subcontractors — to strengthen the local currency and ...