News Democratic Republic Congo Finance: Glencore Congo Deal Reframes Copper Cobalt Role In Western Supply Chains
Glencore has agreed to sell a 40% stake in its flagship copper and cobalt assets in the Democratic Republic of Congo to the U.S. backed Orion Critical Mineral Consortium. The deal involves U.S. government support and aligns with U.S.-DRC agreements on critical mineral supply chains. The transaction reshapes control of key copper and cobalt assets that are important for Western access to these materials. LSE:GLEN is drawing fresh attention as this Congo deal puts its core copper and cobalt...
News Democratic Republic Congo Finance: Vice president of Congo's parliament resigns over 'bullying, humiliation'
The vice president of Democratic Republic of Congo's parliament Jean-Marc Kabund resigned on Friday over what he described as bullying, humiliation and torture. Kabund, a top ally of President Felix ...
News Democratic Republic Congo Finance: NuRAN Wireless announces $15M credit facility to finance Cameroon, Congo projects
NuRAN Wireless (NRRWF) announces a $15M senior secured credit facility with a development finance institution. The purpose of the facility is to finance a portion ...
News Democratic Republic Congo Finance: Tanzania, Burundi Sign $900 Million Railway Deal to Boost Trade
Tanzania and Burundi have signed an agreement to build a $900 million railway that will connect the neighboring East African nations. The two sides signed a memorandum of understanding to construct a ...
