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Browsing: DRC
- Sports industry in Africa is expected to grow by 8 percent in 3 to 5 years according to advisory giant PwC
- Currently, milions of Africans, including businesses based in the continent that have pumped millions into the tournament, are following the TotalEnergies CAF AFCON 2023 finals in Ivory Coast.
- In 2021, Cameroon invested over $800 million in preparations for that year's AFCON finals.
The 2021 African football continental showpiece—Cup of Nations (AFCON)—saw Cameroon attract millions of spectators both physically and virtually, a scenario that is music to the ears of sponsors. This further fortifies the fact that sports in Africa have the potential to generate billions of dollars.
Fast forward to 2030, Morocco is poised to become the second African country to ever stage a World Cup after South Africa in 2010, marking a historic step in African football and the business value chain that comes with the sport.
In…
- Burundi and Rwanda relations have hit a new low, with the Burundian government suspending ties with Rwanda, closing the Rwandan border.
- The diplomatic row between Burundi and Rwanda has a complex history, with tensions dating back to the colonial era and continuing into the post-independence period.
- The border closure further strains relations between Burundi and Rwanda, as well as the larger East African Community (EAC).
Burundi and Rwanda relations have hit a new low, with the Burundian government suspending ties with Rwanda, closing the Rwandan border, and “chasing” out Rwandese nationals.
Burundi has accused its neighbour of supporting rebel attacks in the region. The move comes after Burundi’s President Évariste Ndayishimiye accused Rwanda of backing the Red Tabara rebel group, which orchestrated an attack near Burundi’s western border, where 20 people lost their lives, including women and children.
“We have closed our borders (with Rwanda), anyone who tries to …
- For a country so crucial to the global energy transition, the world awaits DR Congo’s political transition.
- Congo’s political transition will be a massive factor in the significance of its massive natural resources in global energy transition needs.
- President Felix Tshisekedi, seeking a fresh mandate from the people, refers to Congo as the ‘solution country’ for the global climate crisis.
The Democratic Republic of Congo goes to the polls today to elect a president whose role will be vital in the global fight against climate change over the next five years. The Central African nation’s minerals, forests, and rivers are crucial to the future of green transition globally. Congo’s political transition will be a massive factor in the significance of these resources in global energy needs.
President Felix Tshisekedi, seeking a fresh mandate from the people, refers to Congo as the ‘solution country’ for the global climate crisis. However, he …
- On December 20, 2023, the eyes of Africa and the international community are keenly focused on the Democratic Republic of Congo (DRC) as it goes to its presidential and legislative elections.
- The elections in the DRC hold significant implications for the region and the international community.
- The recent developments in the Democratic Republic of Congo (DRC) have led to a significant diplomatic response, particularly from Kenya.
On December 20, 2023, the eyes of Africa and the international community are keenly focused on the Democratic Republic of Congo (DRC) as it goes to its presidential and legislative elections. The DRC, known for its vast mineral wealth, is at a pivotal point in its democratic journey, with the elections being a critical step towards stability and development.
The upcoming elections are taking place amid a complex backdrop of security challenges, particularly in the eastern regions where armed conflicts continue to displace millions. …
- Africa holds more than half of the world’s reserves of cobalt, 46% of its manganese, and 21% of its graphite, all used in EV batteries, and about a quarter of its bauxite, which is required for solar photovoltaic technologies.
- For decades, Africa has allowed her raw materials, including oil and natural gas, to be exported raw, without a chance to benefit from the finished product.
- As a result, we’ve missed out on the job creation, industrialization, and economic diversification.
To meet their green agendas, the European Union, US, and China are engaged in the modern-day equivalent of a gold rush. This time, though, fortune seekers aren’t panning for shiny nuggets in Canada, America, or Australia. Instead, all eyes are on the critical minerals of Africa—cobalt, graphite, lithium, and others—raw materials essential to the production of clean technology, including electric vehicles (EV).
To say that Africa is generously endowed in this …
- The 2023 DRC presidential election is slated for 20 December in what many view as the most consequential election in its recent history.
- There have been reports of various logistical complications threatening to undermine the electoral process.
- Recent developments in Nairobi have seen the emergence of a new group backed by M23 Rebels committed to the liberation of the DRC, signifying a potential shift in the regional dynamics and hinting at the high stakes involved.
On December 20, the Democratic Republic of Congo (DRC) will carry out what many view as the most consequential election in the country’s recent history. With President Félix Tshisekedi seeking a second term, nearly 40 million voters will decide whether to stay the course or set a new direction for a nation endowed with vast natural resources but plagued by longstanding challenges.
The DRC, the largest country in sub-Saharan Africa, holds nearly 70 per cent …
- Economic considerations are why the world is watching the DR Congo elections.
- President Félix Tshisekedi’s approach to the Eastern Congo crisis is a matter of immediate political strategy and a defining aspect of his legacy.
- DR Congo’s political stability is crucial for international markets.
The Democratic Republic of Congo (DR Congo) is at a pivotal moment with the delay of its December 20th election, attracting global attention. This postponement, amid logistical challenges and the ongoing conflict in the eastern provinces, raises concerns about the integrity of the electoral process.
The country’s history of electoral irregularities, including allegations of fraud in past elections, amplifies these worries. The international community is closely monitoring the situation, as any perceived manipulation could further destabilize the already fragile political landscape of the country and the Central African region.
Winning the Hearts of Eastern Congo: A Keystone for Tshisekedi’s Legacy
- Kenya’s Bluewave Insurance Agency has announced plans to raise $6 million to expand into five new African markets to increase insurance penetration in markets characterized by low uptake.
- Company Founder and CEO Adelaide Odhiambo says the investment would be raised over the next three years.
- The insurer is partnering with Mobile Network Operators and banks to distribute affordable micro-insurance products, with plans to enter Uganda, Nigeria, Ethiopia, Malawi, DRC, Tanzania, Rwanda, and Zambia.
Kenya’s Bluewave Insurance Agency has announced plans to raise $6 million as the firm seeks to expand into five new African markets, aiming to increase insurance penetration in regions characterized by low uptake. Adelaide Odhiambo, Founder and CEO of Bluewave Insurance Agency, stated that the investment would be raised over the next three years to support the expansion plans.
Bluewave Insurance Agency’s new target markets
The company has forged partnerships with large aggregators, specifically Mobile Network Operators …
A groundbreaking initiative, the SEMA ReACT (SEvere MAlaria treatment with Rectal artesunate and Artemisinin-based Combination Therapy [in remote settings]) consortium, marks a fresh collaboration between Africa and Europe. This study addresses the knowledge gap surrounding an intervention designed to provide a critical time buffer for seeking additional care in remote settings where transferring to health facilities is difficult.…
- The strategic manoeuvrings of the United States in the DRC’s cobalt mines serve as an international yardstick for how well it can balance economic aspirations with ethical imperatives.
- The DRC has become embroiled in a complicated geopolitical chess game, and it is no longer merely a national asset but a worldwide commodity.
- The strategic importance of cobalt from the Congo to the United States exemplifies the necessity for a multifaceted solution that upholds human dignity in the workplace, safeguards natural resources, and encourages economic resilience.
Conspicuously rising to critical importance on a global scale, cobalt has been overshadowed by the world’s precious metals. Although it is sometimes overlooked in resource talks in favour of its more glamorous cousins, gold and oil, this silvery-blue element—a byproduct of copper and nickel mining—is an essential component of modern technology.
Nevertheless, it is a mineral of the future because it powers electronic devices such …