Vol 3 (AAC) No 8 | CONGO-KINSHASAASIA Private grief, state cash 17th June 2010 Most of China’s massive investment in Congo comes not from private companies but from the state enterprises leading the charge to Kinshasa China may be the biggest state investor in Congo but its private companies have invested less than those from South Africa and Britain, a new survey in Kinshasa reveals....
Vol 3 (AAC) No 8 | CONGO-KINSHASACHINA Is what is good for Zijin good for Congo? 17th June 2010 A storm is gathering over attempts by China’s Zijin Mining Group to buy Platmin Congo without prior approval from President Joseph Kabila’s government, despite generally good Beijing-Kinshasa relations....
Vol 3 (AAC) No 6 | CONGO-KINSHASACHINASOUTH KOREA More multibillion mining contracts for Kinshasa 22nd April 2010 President Kabila’s trip to Seoul yields another multibillion-dollar mining deal just as a midway review of China’s US$6 bn. contract is completed Five years after his first official visit, President Joseph Kabila returned to South Korea on 29-30 March. Two protocols were agreed. The first accord seeks to replicate China’s US$6...
Vol 3 (AAC) No 5 | CONGO-KINSHASAASIA How militias control the mines 15th March 2010 Politicians, businessmen, the army and rebels are all caught up in the illegal mining and smuggling of minerals destined for lucrative Asian markets Prominent Congolese businessmen with connections to rebel groups in the conflict-ridden North and South Kivu Provinces are largely responsible for the illegal export of quantities of tin and...
Vol 3 (AAC) No 5 | CONGO-KINSHASACHINA Victory for the Kinshasa vultures 15th March 2010 The execution of the US$6 billion ore-for-infrastructure deal originally signed in April 2008 between the Congolese state and Chinese companies China Railway Group and Sinohydro has suffered a...
Vol 3 (AAC) No 5 | CONGO-KINSHASAINDIA Monuc moves out 15th March 2010 The United Nations announced in early March that it would begin to withdraw its peacekeeping mission, the Mission des Nations Unies en République Démocratique du Congo (Monuc) from...
Vol 3 (AAC) No 5 | CONGO-KINSHASA Roger Busima Kataala 15th March 2010 Director General, Agence Congolaise des Travaux Grands, Congo-Kinshasa Roger Busima Kataala is the head of the Agence Congolaise des Travaux Grands (ACGT), the agency that supervises Chinese-led infrastructure construction. The administrator has become increasingly visible...
Vol 3 (AAC) No 4 | CONGO-KINSHASACHINA Kinshasa’s missing millions 12th February 2010 Evidence of grand corruption mounts in Beijing’s showcase $6 billion barter deal with the Kinshasa government Over US$23 million in signature bonuses payable on China’s $6 billion Sino-Congolaise des Mines (Sicomines) deal with the Kinshasa government have been stolen according to a probe by a commission set...
Vol 3 (AAC) No 4 | CONGO-KINSHASACHINA Fixing Kinshasa's broken boulevards 12th February 2010 Agreed in November 2009, the second phase of infrastructure deals associated with the Sicomines joint venture is worth US$400 million and is expected to provide Congolese President Joseph Kabila with a...
Vol 3 (AAC) No 4 | CONGO-KINSHASA Donald Kaberuka 12th February 2010 President, African Development Bank As President of the African Development Bank, Donald Kaberuka received red-carpet treatment on his visit to China on 3-6 February. A troop of dignitaries turned out to welcome...