Edition:
United Kingdom

Hereward Holland

Congo virus funds embezzled by 'mafia network', says deputy minister

08 Jul 2020

KINSHASA Congo's deputy health minister has accused cabinet members of receiving kickbacks on government contracts for the coronavirus response while health workers went unpaid for months.

Mining magnate Gertler denies skirting U.S. sanctions in Congo

02 Jul 2020

Israeli billionaire mining investor Dan Gertler denied on Thursday that he had tried to evade U.S. sanctions after watchdogs said he appeared to have funnelled millions of dollars through a bank in the Democratic Republic of Congo.

Mining magnate Gertler denies skirting U.S. sanctions in Congo

02 Jul 2020

July 2 Israeli billionaire mining investor Dan Gertler denied on Thursday that he had tried to evade U.S. sanctions after watchdogs said he appeared to have funnelled millions of dollars through a bank in the Democratic Republic of Congo.

Congo mine closures would cause economic and social crisis, minister says

17 Apr 2020

JOHANNESBURG Democratic Republic of Congo's mining minister warned mine shutdowns due to the COVID-19 pandemic would trigger a "catastrophic" economic and social crisis in the country, as he reported a 15% slump in cobalt exports in the first quarter.

UPDATE 6-DR Congo locks down mining area, workers sent home over coronavirus

23 Mar 2020

KINSHASA, March 23 Democratic Republic of Congo imposed a two-day lockdown in part of its copper and cobalt heartland on Monday, as two of the country's largest mines took steps to reduce staff levels in response to an accelerating coronavirus outbreak.

In the shadow of Ebola and Covid-19, measles rips through Congo

23 Mar 2020

BUSU-MANDJI, Democratic Republic of Congo Thomas the Tank Engine beams from the front of Dobo Mambanza's ripped pullover. Unlike the cartoon train's face, Dobo's is blistered and scrunched as she struggles for breath, her eyes shuttered and weeping. The three-year-old is going blind. | Video

In the shadow of Ebola and Covid-19, measles rips through Congo

23 Mar 2020

BUSU-MANDJI, Democratic Republic of Congo Thomas the Tank Engine beams from the front of Dobo Mambanza's ripped pullover. Unlike the cartoon train's face, Dobo's is blistered and scrunched as she struggles for breath, her eyes shuttered and weeping. The three-year-old is going blind. | Video

Blackwater founder Prince's company enters Congo insurance industry

09 Mar 2020

KINSHASA The Democratic Republic of Congo has granted an insurance license to a subsidiary of Hong-Kong-listed Frontier Services Group (FSG), a security and logistics company run by Erik Prince, the founder of private security firm Blackwater.

UPDATE 1-AJN shares slump after Barrick moves to block Kibali stake purchase

27 Feb 2020

* Junior miner announced MoU with SOKIMO to purchase Kibali stake

CORRECTED-AJN Resources slides after Barrick issues cease-and-desist notice over Kibali stake sale

27 Feb 2020

KINSHASA/TORONTO/JOHANNESBURG, Feb 27 Shares in junior miner AJN Resources took a hit after Reuters reported Barrick Gold, the operator of Congo’s biggest gold mine, issued a cease-and-desist notice to block its acquisition of a 10% stake in the mine which it says the deal undervalues.

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