News Democratic Republic Congo Dollar: How the Global South can escape the dollar’s stranglehold
Over the years it has often been argued that building a more equitable world requires, among other measures, the democratisation of the global financial system. This would require ...
News Democratic Republic Congo Dollar: DR Congo, UN ask for $2.25 billion in humanitarian aid
DR Congo and the UN's humanitarian arm on Wednesday appealed for $2.25 billion in aid this year for the central African country, which is impoverished and wracked by conflict in the east. Much of the east of the country is also plagued by militias.
News Democratic Republic Congo Dollar: Africa wake up from deep slumber
New ore was purportedly discovered in the Democratic Republic of Congo. On applying friction to the ore it produced sparks and on using a piece of the ore to close an electric circuit it lit a bulb. The supposedly new ore seems to readily yield its electrons thus its potential in either photovoltaic panels or batteries seem obvious. This created lots of excitement on social media platforms with usual comments that reveal the minds of...
News Democratic Republic Congo Dollar: U.N. says Congo will need $2.25 billion to aid uprooted people in rebel-hit east
KINSHASA (Reuters) - The United Nations will need to mobilise a record $2.25 billion this year to address the mass displacement of people in east Democratic Republic of Congo following a major offensive by M23 rebels last year, the U.N. coordinator for the country, Bruno Lemarquis, said on Wednesday. Decades of militia violence in Congo's vast mineral-rich east worsened last year after the
News Democratic Republic Congo Dollar: Trader Trafigura Strikes $600 Million Cobalt Deal in Congo
Trading house Trafigura Group Ltd. has agreed to fund the development of two cobalt projects in the Democratic Republic of Congo after prices of the key battery metal more than doubled last year.
News Democratic Republic Congo Dollar: Tanzania, Burundi sign multimillion-dollar rail line deal
Tanzania has signed a multimillion-dollar deal with neighboring Burundi to build a Standard Gauge Railway line that will link the landlocked Burundi to the Indian Ocean. According to a statement ...