Category Archives: RDC

DRC moves to monopolise about 25 percent of all cobalt exports

Via: Aljazeera

The Democratic Republic of Congo (DRC), the world’s biggest producer of cobalt, created a state monopoly that will buy all output not extracted by industrial operators in a bid to exert more control over the price of the key ingredient in rechargeable batteries. The central African nation dominates output of the metal, accounting for more than 70% of the global market in 2018. While most Congolese cobalt comes from large, mechanized mines operated by companies including Glencore Plc, artisanal miners can account for as much as a quarter of the nation’s output.

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Ruling party names candidate for presidential elections in DRC

Via Africanews

Democratic of Congo’s ruling party on Wednesday named a candidate for long delayed elections due to hold in December this year. The current move indicates that Joseph Kabila, in power since 2001, will be stepping down as president. The constitution barred him from a third term after having served two terms. The former Katanga province governor is one of leading opponents hoping to file to contest for the presidency. Others include Felix Tshisekedi – son of veteran opposition leader Etienne Tshisekedi. Ex VP Jean Pierre Bemba is in the race as are others.

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Opposition leader named prime minister of DR Congo

congoVia Africanews

Democratic Republic of Congo opposition leader Samy Badibanga has been named prime minister on Thursday as part of a power-sharing deal signed in October by the opposition and government. Badibanga’s appointment was announced on state television three days after the resignation of former Prime Minister Augustin Matata to allow the mplementation of the national dialogue framework agreement.The power-sharing agreement was signed in October by the ruling party and some opposition parties endorsing the 2018 presidential election date proposed by the electoral commission and for President Joseph Kabila to remain in office till then.

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