Economie
-
19Glencore Cuts Back on Cobalt, Copper Spending Due to Virus
Glencore has decided to suspend capital expenditure (capex) unrelated to sustaining daily operations or critical projects by up to $1.5 billion in 2020....
-
18Congo GDP to Shrink for First Time Since War, Central Bank Says
Democratic Republic of Congo’s economy will probably shrink 1.9% this year, the first contraction since 2001 when the nation was in a civil war,...
-
22Congo Government Tells Central Bank to Stop Currency’s Devaluation
Democratic Republic of Congo’s government has told the central bank to intervene in the foreign exchange market to stop the devaluation of the Congolese...
-
24IMF Approves $363 Million for Congo to Fight Covid-19 Pandemic
The International Monetary Fund will provide a $363.27 million loan to the Democratic Republic of Congo to fight an economic situation that...
-
35
Glencore Moves to Take Key Congo Copper Business Private
Glencore Plc agreed to buy the few shares it doesn’t already own in Katanga Mining Ltd. — the unit that operates its flagship...
-
81
Trader Trafigura in Talks With Congo Over Financing Cobalt Buyer
Trading house Trafigura Group Ltd. is in talks with the Democratic Republic of Congo about financing a new state-controlled company that will buy all...
-
87GE in Talks on $1.8 Billion of Congo Energy, Health Projects
General Electric Co. signed a preliminary accord with the Democratic Republic of Congo to develop several energy and health projects in the central African...
-
74Congo Artisanal Cobalt Output Dropped 60% Last Year: Darton
The volume of cobalt from so-called artisanal and small-scale mines in the Democratic Republic of Congo dropped about 60% last year after prices for...
-
58Inga III: South Africa to Fast-Track Continental Infrastructure Projects
South Africa will fast-track four continent-wide infrastructure projects in which it’s involved, including a $14 billion dam on the Congo River, President Cyril...
