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World Bank warns DR Congo is facing enduring economic crisis
 
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DR Congo is experiencing an economic crisis, the World Bank (WB) has warned in its 4th report on the monitoring of the economic and financial situation of the country presented on Tuesday in Kinshasa. Among the main indicators of this crisis, the World Bank cites the revision of the rate of growth of the DRC from a high of 7% to the current average growth of 2.5%. "This growth when compared to the population growth of the DRC, which is almost 3%, means we are now getting a per capita growth ra… READ MORE : http://www.africanews.com/2017/02/02/world-bank-warns-dr-congo-is-facing-enduring-economic-crisis Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 192 africanews
Why Isn't Congo as Rich as Saudi Arabia? Massive Tax Evasion
 
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The Democratic Republic of the Congo is rich in natural resources, yet the average citizen lives on only 72 cents a day. The foreign mining companies are getting rich while the general population is living in poverty. Many Congolese citizens are diging through the dirt on their hands and knees in search their fair share of the countries natural minerals. While there are taxes on the mining companies who benefit from the countries resources it is proving difficult to actually collect the money that is owed. Vocativ spoke to one tax inspector who explained that tax evasion and government fraud is rampant throughout the mining industry. So it seems that until those benefiting from the countries natural wealth start paying their fare share, many average citizens will have to continue digging through the mud to get by. Subscribe! http://www.youtube.com/subscription_center?add_user=vocativvideo See more on our website: http://www.vocativ.com Follow us on Twitter: https://twitter.com/vocativ Like us on Facebook: https://www.facebook.com/Vocativ
Views: 264476 Vocativ
Conflict Minerals, Rebels and Child Soldiers in Congo
 
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Warlords, soldiers, and child laborers all toil over a mineral you've never even heard of. Coltan is a conflict mineral in nearly every cell phone, laptop, and electronic device. It's also tied to the deaths of over 5 million people in Congo since 1990. Hosted by Alison Suroosh Alvi | Originally released in 2011 at http://vice.com Click here to help: http://www.raisehopeforcongo.org/ Watch more VICE documentaries here: http://bit.ly/VICE-Presents Subscribe for videos that are actually good: http://bit.ly/Subscribe-to-VICE Check out our full video catalog: http://www.youtube.com/user/vice/videos Videos, daily editorial and more: http://vice.com Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Read our tumblr: http://vicemag.tumblr.com
Views: 3836767 VICE
Congolese franc maintains downward spiral as mining slows down
 
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In the Democratic Republic of Congo, the race is on for US dollars at the expense of the local currency, the Congolese franc, which is gradually loosing its value against the greenback. Last week, street traders exchanged the dollar for 995 Congolese Francs in the capital Kinshasa. In some places, the dollar was even worth more at 1,000 Congolese Francs. The franc had maintained a remarkable stability of around 920-930 Francs to the US dollar for several years. The influence of the dollar on… READ MORE : http://www.africanews.com/2016/06/19/congolese-franc-maintains-downward-spiral-as-mining-slows-down Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 2518 africanews
Digging for Gold: Conflict in The Congo - Equator - BBC
 
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Simon visits the Congo to see the conflicts surrounding the gold-digging industry first hand. Subscribe to the BBC Studios channel: http://www.youtube.com/subscription_center?add_user=BBCWorldwide BBC Studios Channel: http://www.youtube.com/BBCStudios This is a channel from BBC Studios who help fund new BBC programmes..
Views: 16348 BBC Studios
DR Congo's 'lost' languages
 
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The Democratic Republic of Congo is home to a tenth of the world's languages. In the capital Kinshasa, Cocolette Collo was born a Luba, a people who come the central part of the country mainly in the troubled Kasai region. But, she cannot speak Tshiluba. She she is fluent in Swahili, Kinyarwanda Lingala and French. She is worried that some of the local languages will become extinct in a few years to come. "I do not believe that my mother tongue will still exist in 10 or 15 years to come i… READ MORE : http://www.africanews.com/2017/04/28/dr-congo-s-lost-languages Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/africanews Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 4242 africanews
Cobalt to be declared a ''strategic'' mineral in D.R Congo
 
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An advisor to Congolese Prime Minister Jean Nkunza on Wednesday said the Democratic Republic of Congo will declare cobalt and coltan, as “strategic” minerals which will earn the country higher royalties. The natural mineral resources are used in the production of electric vehicle and renewable energy technology. A new mining code was signed into law on Friday by President Joseph Kabila despite opposition by global mining companies with operations in the DRC such as Glencore, Randgold and … READ MORE : http://www.africanews.com/2018/03/15/cobalt-to-be-declared-a-strategic-mineral-in-the-dr-congo Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 870 africanews
+243990992661 / +256392888487 gold bars,nuggets and diamond for sale from DRC (congo)
 
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we have many different types of diamond and Gold bars,nuggets,crystalline,crystals,wire,octahedrons,trigons,cube,hoppered,spinnel,ribbon,unique shaped,gold in quartz specimens and more.This is the largest and most varied collection of natural gold specimens for sale that you will see anywhere.We also sell platinum in the form of natural platinum nuggets,silver bullion in form of silver coins,both silver bullion coins and gold coins.
Views: 1501 jean gola
China mines DR Congo's vast mineral riches - 2 Nov 08
 
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General Laurent Nkunda, rebel leader of the National Congress for People's Defence (CNDP), has said he wants to re-examine a $5bn dollar deal the Congolese government has struck with China. The deal gives China access to Congo's vast mineral riches in exchange for infrastructure development, including hospitals and football arenas. However, critics say China is behaving just like the imperial powers of the past. Al Jazeera's Nicole Johnston reports.
Views: 28296 Al Jazeera English
The High Price of Gold - D.R. Congo
 
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For downloads and more information visit: http://www.journeyman.tv/?lid=65258 The harrowing plight of women and children in the Eastern DRC is exposed in this powerful short doc. Driven from their land, they work in mines as slaves in a desperate bid to protect themselves from rape. "They came into houses and raped and killed children. They raped my two-year-old daughter," recounts Irene, who is now living in the UK. Since 1997, various militias have been fighting for Congo's vast mineral wealth in a bitter conflict for which women are largely paying the price. "Women are the biggest victim because they are raped every single day." Forced to work at gold and other mines in conditions of slavery, women are caught in the crossfire of competing militias who launder the minerals and smuggle them out of the region to be processed for manufacture by 'respectable' corporations. Despite the vast wealth generated by their work they eke out a meagre existence, sometimes being paid nothing at all. Meanwhile the rapes continue. With companies still not required to say where the minerals they use originate from, no one is taking responsibility. "They have to stop what is happening there. No one should suffer like that." Ross Domoney & Diane Taylor
Views: 18622 Journeyman Pictures
DELVE: A Global Platform for Artisanal and Small-Scale Mining Data
 
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The World Bank and Pact are working to build a definitive source of information on the global artisanal and small-scale mining sector. Watch this video to learn more and get involved.
Views: 56 Pactworld
DRC: expectations of INGA hydro project
 
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Residents of Kinshasa are still uncertain whether Friday's signing of the Inga 3 hydroelectric project agreement, for the production of 11000 megawatts will meet increasing power demands in the Central African country. Despite the $14 billion deal, some residents are still pushing for major reforms in electricity distribution within the country. DADA, a resident of Kishasa said "I want the government to look at how electricity is distributed, because in Congo, electricity distribution is a … READ MORE : http://www.africanews.com/2018/10/21/drc-expectations-of-inga-hydro-project Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 618 africanews
Insight: The future of the Democratic Republic of Congo - Part I
 
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It’s the conflict that’s been described as Africa’s World War. The fighting in the Democratic Republic of Congo has dragged on for more than two decades. Now, with a President who’s refusing to stand down, growing political instability, and warring factions vying for control of the country’s vast mineral wealth, the future in the DR Congo is anything but certain. Subscribe: https://www.youtube.com/channel/UC7fWeaHhqgM4Ry-RMpM2YYw?sub_confirmation=1 Livestream: http://www.youtube.com/c/trtworld/live Facebook: https://www.facebook.com/TRTWorld Twitter: https://twitter.com/TRTWorld Visit our website: http://www.trtworld.com/
Views: 778 TRT World
Tin exploitation in DR Congo's North Kivu region
 
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It's in the middle of the jungle in North Kivu, the Democratic Republic of Congo that Alphamin mine, a company entirely financed by Canada, succeeded in building a mine to exploit tin, probably the largest on the continent. To protect it against the threat of armed groups, the company has constructed a 32 kilometre road to transport its production. Ghana: merger of several banks *In Ghana, the reorganization of the banking sector is still ongoing, two new banks are about to conclude a new… READ MORE : http://www.africanews.com/2018/08/29/tin-exploitation-in-dr-congo-s-north-kivu-region Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 450 africanews
Invest in DR Congo
 
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Surrounded by nine countries where commercial exchanges are frequent, the DRC has a population of 70 million with a promising and blooming economy; with a GDP growth rate of 7,7 % in 2015 and an inflation rate of 0,815% in 2015. With an hydroelectric potential of 100 000 megawatts representing 23% of the world’s potential, 37% of the African potential...distributed in 766 sites identified for the construction of: • Pico –hydroelectric power plant : 20 Kw ; • Micro- hydroelectric power plant: 20 Kw to 500 Kw • Mini- hydroelectric power plant: 500 Kw to 2.000 Kw • Petite- hydroelectric power plant: 2.000 Kw to 10.000 Kw • Large– hydroelectric power plant: Superior to 10.000 Kw 80 million hectares of arable land and 4 million hectares of irrigable land with only 10 % being exploited currently and the world’s biggest reserve of freshwater: 3.680.000 km of the world’s hydrological basin. The DRC has 6% of Africa’s oil reserve distributed in three sedimentary basins: • Costal basin • Sedimentary basin of the central basin • The basin of the west branch of East African Rift A road network of 145.000 km, with 3000 km paved…, a rail network of 5.033 km to be totally restored…270 airport platforms to be reconstructed, 2 international maritime ports to be modernized… Numerous reforms carried out to improve its business climate like: the promulgation of the law on the liberalization of the electricity sector since 2014, the promulgation of thevery incentive agricultural law, the promulgation of the competitive and incentive hydrocarbon code, the adherence of DRC to OHADA. INVESTING IN THE PRESENT DAY IN DRC IS THE PATH OF REASON ANAPI is ready to support you in the concretization of your investments projects in ANAPI-DRC Phone: +243999925026 Website: www.investindrc.cd E-mail address: [email protected]/[email protected]
Views: 5762 ANAPI-RDC
Gold mining in Congo (DRC)
 
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Gold mining in Congo (DRC)
Views: 661 Sergey Antonov
Solutions For Africa (S4A) - Lubumbashi - D R Congo
 
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Solution For Africa - S4A is a well-known name in the field of Drilling services, including Water bore well drilling, Diamond Core Drilling and Reverse Circulation Drilling.
Views: 2097 chughjam
Jew that made billions on Blood Diamonds and Congo's minerals
 
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Gertler Earns Billions in Congo Cut-Price Deals
Views: 116207 dragansport
Who's Behind Ebola in DRC Congo In Elections Season? #ElectionViolence
 
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The DRC is facing the worst ever ebola outbreak in its history! But why now just a few months before their general elections? And who would the epicentre be in North Kivu, the region with the most mineral wealth? REFERENCES Dr. Cyril Broderick, ‘Ebola, AIDS Manufactured By Western Pharmaceuticals, US DoD?’ Daily Observer, September 9, 2014, http://www.liberianobserver.com/security/ebola-aids-manufactured-western-pharmaceuticals-us-dod, consulted on December 30, 2014. Joel Savage, ‘Aids and Ebola are medical crimes against Africa: A message to all African leaders: says Dutch Scientist Professor Johan Van Dongen,’ Newstime Africa, December 14, 2014, http://www.newstimeafrica.com/archives/37048, consulted on December 30, 2014. Daniel Taylor, ‘Secret Project Created Weaponized Ebola in South Africa in the 1980s,’ The Old-Thinker News, October 20 , 2014,http://www.oldthinkernews.com/2014/10/19/secret-project-created-weaponiz..., consulted on ) October 31, 2014. Aggeliki Dimopoulou, ‘US Bio-warfare Laboratories In West Africa Are The Origins Of The Ebola Epidemic’, Information Clearing House, 28 October 2014, http://www.informationclearinghouse.info/article40012.htm, accessed 3 November 2014. Dr. Paul Craig Roberts, ‘Is the US government the master criminal of our time?’ Press TV, 20 October 2014, http://www.presstv.ir/detail/382993.html, consulted on December 31, 2014. Dr. Paul Craig Roberts, ‘US exposes troops to Ebola to test vaccines,’ Press TV, October 13, 2014http://www.presstv.ir/detail/2014/10/18/382659/us-uses-troops-to-test-eb..., consulted on December 31, 2014. ‘USA created Ebola virus as biological weapon?", Pravda, November 8, 2014, http://english.pravda.ru/science/earth/11-08-2014/128247-ebola_biological_weapon-0/, consulted on December 31, 2014. Narcisse Jean Alcide Nana and Jon Rappoport, ‘Ebola, psy-ops and militarisation of Africa,’ The Herald, September 29, 2014,http://www.herald.co.zw/ebola-psy-ops-and-militarisation-of-africa/, http://www.herald.co.zw/ebola-psy-ops-and-militarisation-of-africa/, consulted on December 31, 2014. Abayomi Azikiwe, ‘US using Ebola to advance imperialist agenda in Africa,’ Press TV, September 9, 2014, http://www.presstv.ir/detail/2014/09/09/378229/us-uses-ebola-to-advance-imperialist-agenda/, consulted on December 31, 2014. Josef Omorotionmwan, ‘Ebola as grand conspiracy against Africa,’ The Vanguard, October 23, 2014, http://www.vanguardngr.com/2014/10/ebola-grand-conspiracy-africa/, consulted on December 31, 2014. Abdou Rahman Sallah, ‘UK couple denounce western media Ebola reports on West Africa,’ The Point, November 13, 2014, http://thepoint.gm/africa/gambia/article/uk-couple-denounce-western-media-ebola-reports-on-west-africa, consulted on December 31, 2014. Ibrahim Tarawallie, ‘Calls for IMF, World Bank to cancel Salone debts,’ Concorde Times, December 19, 2014, http://slconcordtimes.com/calls-for-imf-world-bank-to-cancel-salone-debts/, consulted on December 31, 2014. Thandika Mkandawire, ‘There is no Ebola here: What Liberia teaches us about the failures of aid,’ Africa Is A Country, October 19, 2014, http://africasacountry.com/there-is-no-ebola-here-what-liberia-teaches-us-about-the-failures-of-aid/, consulted on December 31, 2014.
Views: 15201 Dr. Mumbi Show
Financial Services for Everyone - Agent Banking in the Democratic Republic of Congo
 
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http://www.ifc.org/financialinclusionafrica - Banks generally consider poor customers too risky and too expensive to serve. Employing an innovative business model of agent banking and biometric technology, micro-finance bank FINCA is bringing formal financial services to the poor in the Democratic Republic of Congo. Even low income people now have a safe place to save money, earn interest and manage economic decisions.
Views: 61954 World Bank
The People Who Die to Make Your Cell Phone
 
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With a population of at least 67 million, the Democratic Republic of Congo (DRC) is one of the poorest countries in the world. In 2014, the World Bank ranked it second to last on the Human Development Index. Despite the DRC’s poverty level, there is one thing that it has in abundance – cobalt. Cobalt is a mineral used to make lithium ion batteries that Apple, Microsoft, Samsung, Sony, Dell, and many other companies use in their devices. According to experts, more than half of the world’s supply of cobalt comes from the DRC, with 20 percent of it from what are called “artisanal mines.” For many Congolese people, mining cobalt is the only way to feed their families. Unfortunately, artisanal mines are smaller, independent mines, where an industrial-sized operation is not an option. These mines are unregulated and are not a part of the country’s Mining Code and Regulations, this means they are often unauthorized and extremely dangerous. As a result, the workers are subjected to dangerous conditions that include poor ventilation, lack of protective gear, and frequent accidents—many of which prove deadly. But it’s not just adults that are risking their lives. The United Nations says there are at least 40,000 children in the DRC working in these artisanal mines. Working in high temperatures, rain, and storms, children as young as 7-years-old carry sacks of mineral ore that are sometimes heavier than themselves. Most of these children’s parents can’t afford to send them to school. The few that are able to send their kids to school must have their children work at the mines on the weekends to help support the family. Many suffer from breathing problems, others from sickness and disease. At least half reported being beaten for not working fast enough.
Views: 421 Black Junction
Ahmed Kalej on mining in DRC | Gecamines | World Finance Videos
 
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World Finance interviews Ahmed Kalej, CEO of Gecamines, on restoring the Democratic Republic of Congo's former mining giant. The Democratic Republic of Congo is not the easiest place to do business. But, it's state owned mining company Gecamines is experiencing a reawakening of sorts. Ahmed Kalej, CEO of Gecamines, talks about some of the challenges that Gecamines has faced, as well as his role in restoring the former giant to its position as one of the most important mining companies in Africa. For a full transcript visit: http://www.worldfinance.com/videos/ahmed-kalej-on-mining-in-drc-gecamines-video For more World Finance interviews go to http://www.worldfinance.com/videos/
Views: 1178 worldfinancevideos
Laurent Nkunda: Warlord or Liberator?
 
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The government of the Democratic Republic of Congo has issued an international arrest warrant against General Laurent Nkunda for war crimes, and human rights monitors like Refugees International say that his troops have killed and raped civilians and pillaged their villages. He denies the charges. "I'm not a warlord ... I'm a liberator of the people," he said. "The central reason for the nearly six million dead in the Congo since 1996 is not ethnic strife but rather the scramble for Congo's enormous treasure trove of diamonds, gold, copper, cobalt, coltan, tin, timber and more," says Maurice Carney of Friends of the Congo. Carney is not alone. Kenyan Nobel Peace Prize Laureate, Wangari Maathai has assessed these misconceptions and said "these wars when you look at them, they are all about resources and who is going to control them." DRC harbors the richest, purest minerals in the world, many of them vital to the U.S. defense industry. There is not one person who is reading this who does not benefit by mineral extraction and exploitation in DRC. For example, Congo has from 64%-80% of the world's reserve of coltan. Oil may arguably be the non-renewable resource which is front and center in every American's mind, but coltan is found in cell phones, laptops, digital cameras, and video game consoles. Coltan is the engine behind our communications systems, and 1500 people a day are dying in this region while Americans profit from corporate greed, take Congolese resources, turn our backs, and power-up our cellphones. Make no mistake about it, there is a violent resource war happening in Congo and a great wall of silence has been erected around it. While foreign corporations and American consumers benefit, 1.5 million people are in IDP (internally displaced persons) camps in Kivu Province alone. The World Bank has estimated that a whopping 75% of Congo's copper and cobalt reserves were basically given away to multi-national corporations. Novelist John le Carré (The Mission Song) op-ed in the Boston Globe "Getting the Congo's Wealth to Its People" explains, "As the deals presently stand, the main profit Congo state will make is from taxing the operations and exports of the mining companies. For a minimal return, it has signed away millions -- if not billions -- of dollars' worth of copper and cobalt for 35 years."
Views: 66695 missbistouri
IMF missteps over huge China deal in the Congo proves costly
 
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In 2007 when China's Exim Bank unveiled a massive $6 billion mining deal in the Democratic Republic of the Congo, it completely rocked the normally-staid world of international development finance. The agreement, known as "The China Deal" or Sicomines, was among the first of these huge Chinese infrastructure-for-resources deals that are now commonplace across Africa.   Ten years ago, though, the World Bank and the International Monetary Fund were pretty much the only players that threw around that kind of cash in countries like the DRC. So when the Chinese came along with the Sicomines deal, many observers saw it as a direct challenge to the IMF's once unrivaled dominance of international development finance in places like the Congo.   While a feared Chinese-IMF rivalry did not ultimately materialize, "The China Deal" did create a lot of problems. The IMF responded defensively, according to new research from Sino-Congolese scholar Dr. Johanna Malm at Roskilde University in Denmark. Fearing they might be pushed aside by the Chinese, the IMF opted to make it easier for the Congolese government to borrow yet more money, adding to Kinshasa's already dangerously-high debt load.   Dr. Malm joins Eric & Cobus to discuss "The China Deal" and why the IMF's missteps in the Congo produced costly-consequences for an already financially-distressed government.
Secret Mining in the Congo
 
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UK urged: 'keep your aid but stop the raid' Professor Willy Vangu, International Spokesperson for the UDPS - DRC Opposition Party It is absurd that a country with more forests than Brazil, more minerals than Australia, more oil than Norway and more hydro-power potential than Finland can be home to over 52 million people (70 per cent of the population) who live on less than 80 pence a day. The Democratic Republic of Congo is a country with vast natural wealth and it suffers this paradox. Secretive mining deals left unchecked by the international community are a major factor in the Congolese people's enduring misery. Why does this happen? Who is behind it? Why does it matter to the UK and what can we do to stop it? Using evidence gathered from the Congo, and from off shore tax havens, Professor Willy Vangu, will explain to the world over the next few weeks the detailed workings behind BVI shell companies. Failure of the UK and the IMF to enforce existing transparency obligations on the DRC Government is wasting taxpayers' money and political capital. As a result, the opposition party of the DRC is calling on aid and loans direct to the DRC Government to be cancelled in return for renewed focus on tackling secretive mining deals, which keep the Congolese people poor and make a few within the DRC very wealthy. The background: In December 2011 a UK Member of Parliament released details of 59 shell companies, mostly registered in the British Virgin Islands and overseen by a Gibraltar trust, that have been involved in purchasing DRC mineral and oil assets. Backed by Global Witness, the MP's analysis of just four of these transactions -- all occurring in the last two years - showed a loss to the Congolese people of over $5.5 billion. This was supposed to change as part of a 2009 loan from the International Monetary Fund. This $551 million loan was conditional upon the DRC government implementing broad transparency and governance reforms in the mining sector: mining contracts were to be published, along with the details of those individuals who are behind companies that own mineral assets and state assets would be put up for public tender. None of this has happened, and the IMF has turned a blind eye. All four of the transactions resulting in the $5.5 billion loss -- 10 times the amount of the IMF loan - occurred after the IMF loan was made. That is, at the time when the IMF was supposed to be closely monitoring the DRC government's promised reforms. Cancellation of aid and loans to the DRC Government: Professor Vangu said recently, "UK Ministers should work to suspend all direct aid and loans to the Congolese government through the IMF and World Bank until it has fully complied with its obligations to the IMF. We are calling on all governments to suspend direct support of the DRC Government, including through futile transparency programmes like PROmines. UK Ministers should also seek guarantees from the DRC that secret sales of state assets to offshore 'shell' companies will be properly investigated." Furthermore, summon the will to clamp down on matters connected to your jurisdiction. This will be cheaper for the British taxpayer and more beneficial to the Congolese people than continuing to pour aid into an unaccountable government. In short, keep your aid but help end the raid. The significant impact it will make to improve the lives of the Congolese is not to be underestimated." Conservative MP and member of the International Development Select Committee, Pauline Latham has called for the suspension of direct loans to the DRC government through the IMF. She has said, "Until the IMF start enforcing the transparency caveats attached to their massive loan to the DRC Government, British taxpayers should stop their support of this regime."
Views: 1909 Willy Vangu
Invest DRC- Prospects (Bloomberg TV Africa)
 
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This is the first episode of 'Invest DRC', a series that set out to explore the economy of the Democratic Republic of Congo, potentially one of the world's richest countries but one with a troubled past. I worked on this as a Senior Producer and scripted and voiced the packages in this episode.
Views: 3650 Manveena Suri
DR Congo central bank predicts 2.9 GDP growth for 2017
 
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Democratic Republic of Congo's central bank expects GDP to grow by 2.9 percent this year. That's up from 2.5 percent in 2016, as commodity exports pick up again.The mining and oil sectors account for some 95 percent of export revenues in Congo, Africa's top copper producer. Low commodity prices led the central bank to lower its 2016 growth forecast last week for the fourth time from an original projection of 9 percent.
Views: 347 CGTN Africa
DRC condems Angolan authorities over Congolese diamond mining migrants
 
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The Democratic Republic of Congo has condemned what it called the violent expulsion by Angolan authorities of thousands of Congolese citizens during a crackdown on informal diamond mining. The Congolese migrants and officials have said dozens of people were killed during a crackdown this month, but Angola strongly denied this charge. DRC government spokesperson, Lambert Mende, is quoted describing the developments in Angola as human rights violations and the loss of human lives caused by the expulsions. The comments from Kinshasa are expected to increase tensions between the two countries. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 739 CGTN Africa
Why Congo (DRC) matters ?
 
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With 80 million hectares of arable land and over 1,100 minerals and precious metals, the DRC has the potential to be one of the richest countries on the African continent and a driver of African growth(The World Bank) Why Congo matters? An answer to a South African friend who asked,"You say Congo is rich,if so why are they here?"
Views: 72 KAMILI KIVU VLOGS
Adv Sipho Mantula on the DRC economy outlook
 
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The Democratic Republic of the Congo has had a tough journey towards the election with the economy suffering as a result. From 2001 political unrest subdued business activity and economic slowdown hurt public finances. Government revenues dropped from 13.6% of GDP to 9.4% in the past years, causing a decline in public expenditure. However the country moved from 184 to 182 out of 190 countries in the World Bank's 2018 Doing Business report. The DRC ranks among the 10 worst in the world in the business climate. Will the country's economy improve post the election period. For more news, visit: sabcnews.com
Views: 210 SABC Digital News
DRC Mining Week édition 2018 - Interview Cargo Congo
 
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DRC Mining Week édition 2018 - Interview Cargo Congo
A look at outside challenger for DRCongo presidency
 
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(27 Dec 2018) He wants to run Africa's second-largest country, one of vast mineral wealth, sprawling poverty and vicious fighting that has cost millions of lives. Noel Tshiani Muadiamvita's chances are slim to none but he's convinced he's perfect for the job. Among 21 candidates vying to succeed President Joseph Kabila in Sunday's election, Tshiani promotes himself as someone Democratic Republic of Congo (DRC) has never had: a truly qualified head of state. Former coloniser Belgium departed without training Congolese to rule. Mobutu Sese Seko, who led for more than three decades, had been an army sergeant major. Laurent Kabila was plucked from exile to unseat him. Joseph Kabila, after his father was assassinated, took power at age 29. Tshiani, wielding a resume featuring Harvard and the World Bank, speaks in terms of glory. "Muadiamvita means 'invincible warrior,' which means that when you go into a presidential election, my competition is well advised to stay aside," he said. "At the end of the day, no matter what they do, I will win." The odds say otherwise, but big talk is a staple of DRC's boisterous run-up to the vote. Kabila is stepping aside after ruling since 2001, and the election has been delayed since late 2016. Now tensions are rising again. The electoral commission on Wednesday delayed the vote in two key areas until months after the new president is inaugurated, meaning more than 1 million votes effectively don't count. Amid the noise, the 61-year-old Tshiani remains an unknown for many. "I know his name, because he wants to become president. But I don't know him," said Olivier Bonte as he waited in Kinshasa to catch a bus. Others didn't even recognise the name. Tshiani describes himself as a technocrat, and pointedly not a politician. After completing his doctorate in economics in Paris, he went to Harvard for a postdoctoral degree in leadership and management. He worked for a number of commercial banks in New York and spent 28 years at the World Bank. Now he wants to bring that experience home, and has published a book outlining his economic vision for DRC, 'The Force of Change'. "We must be ashamed of ourselves, and the politicians should be ashamed of themselves, because this is the result of the management style of the country," Tshiani said, pointing to DRC's widespread lack of basic services and infrastructure despite staggering mineral wealth. "I believe there is a case to be made for somebody who is not a politician, who is not part of the problem ... for somebody like me to become president of Congo." He said he is financing his campaign with his savings. Leading up to the election, he travelled around Kinshasa accompanied by dark-suited bodyguards and an armed police escort, looking the part of a big-time candidate. But observers said they doubt his chances in a country where connections are everything. "I know professor Noel Tshiani," said A.L. Kitenge Lubanda, a political and economic analyst. "He is a brilliant person but he has no (political) machine. His political party is very weak and I don't think he has any chance to win." Rarely smiling in public, Tshiani often seems taken aback by DRC's vibrant political scene. He addresses a crowd like a professor intent on schooling the people on economic reforms. He worked a crowd of about 300 people earlier this month, shaking hands as they danced and cheered him on: "Viva Tshiani, Viva!" After they settled, Tshiani held up his book and explained his vision. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0d33e40cb36d792508f21e3eb3ca5e14
Views: 116 AP Archive
Powering Africa: Construction of DRC's Inga 3 to produce 44,000 MW
 
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Congo river's enormous energy at the Inga rapids to power up to half of the continent. If realized the Democratic Republic of Congo's 50 billion dollar hydro power project known as the Grand Inga, could eventually produce 44,000 megawatts of energy, dwarfing all other hydro-electric projects in the world.
Views: 5748 CGTN Africa
Richest natural resources country on earth "CONGO"
 
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CONGO, calculated genocide in order to rape, pillage, steal, and plunder the wealth of its abundant natural resources.
Views: 1462 Ernest Thompson
Hunting For A Rare Congolese Weed Strain With “The Kings of Cannabis” | VICE on HBO
 
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Over the past 20 years, Franco Loja and Arjan Roskam, known as the "Kings of Cannabis," have made millions of dollars scouring the world for unique strains of weed to breed and then sell. Now, they've turned their sights on Equatorial Africa, specifically the Democratic Republic of the Congo, as their next gold mine — and a way to revolutionize the cannabis industry. "Equatorial Africa is one the best preserved because of the wars, the lack of infrastructure, political unrest. All these situations created isolation there," Loja explained. "So that's where we're going." Loja and Roskam built their global powerhouse on inbred strains of cannabis called "landraces" that they've collected from all over the world — Argentina, Australia, and Brazil, just to name a few spots. Without these strains, the duo's various breeding enterprises, Amsterdam coffeeshops, and even distribution centers wouldn't exist. VICE News met up with the “Kings of Cannabis” for a trip to the Democratic Republic of the Congo to hunt for one of the rarest species of Cannabis yet, the original Congolese landrace. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideo #VICEonHBO
Views: 3483554 VICE News
Opportunities in DRC's Mining Sector
 
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ABN's Chris Bishop caught up with Jean Felix Mupande, General Manager of Cadastre Minier DRC, who spoke to us about what his country's mining sector has to offer.
Views: 326 CNBCAfrica
D.R Congo Economy
 
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Views: 596 TVC News
Lack Of Electricity Holds Back DR Congo Mining Sector
 
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The minerals in the south-eastern Katanga region offer the promise of riches for the Democratic Republic of Congo, but a lack of electricity is keeping the country from fully exploiting them. Follow us: YouTube: https://www.youtube.com/channel/UCk8QrR91ss-k5X6pKgHWHaA?sub_confirmation=1
Views: 44 News First
IMF discusses fighting global corruption during annual meeting
 
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The annual meeting of the International Monetary Fund & World Bank has closed in Washington. One sideline agreement to come out of the event: announcement that Afghanistan has been approved for membership in the China-led Asian Infrastructure Investment Bank, known as AIIB. Meanwhile, the IMF Chief used a Sunday panel to talk about the body’s efforts to crack down on corruption. Watch CGTN LIVE on your computer, tablet or mobile http://america.cgtn.com/livenews Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Google+: CctvamericaTvnews »» Watch CGTN «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York City • Time Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los Angeles • Charter Cable - Channel 562 • Time Warner - Channel 155 Satellite Nationwide • DISH TV - Channel 279
Views: 294 CGTN America
DRC asks for international funding amid worsening economy
 
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Faced with a worsening economic crisis, the Democratic Republic of Congo has formally requested for international support, to help avert a serious catastrophe. The country has sent a formal letter to multiple international agencies, including the United Nations, the European Union and the African Union, requesting urgent funding. Our UN correspondent Liling Tan has more details from New York. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 461 CGTN Africa
Goma Ready for Take-Off
 
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Residents of Goma, the capital of North Kivu in eastern DRC, live at the foot of one of Africa’s most active volcanoes, Mount Nyiragongo. Goma was partly destroyed in the volcano’s 2002 eruption, killing nearly 100 people and causing the displacement of hundreds and thousands more. Far from giving up in the face of adversity, the people of Goma have demonstrated extraordinary resilience.
Views: 1815 World Bank
DR Congo agricultural fair promotes self-sufficiency, hopes to cut imports
 
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The Democratic Republic of Congo is trying to promote its local produce, while hoping to decrease the quantity of imports in the country. The country's hosting its second edition of Congo's Agriculture Fair and many of those show-casing their products say subsistence agriculture has taken a dive in the DRC. Hlonela Lupuwana reports. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 882 CGTN Africa
DRC Inflation: Central bank predicts rate to exceed 40%
 
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The central Bank there is predicting inflation could hit over 40 percent this year, with dire consequences to the majority poor. Congo is heavily dependent on the export of solid minerals, but their prices in the global markets have persistently remained low. Here is more on that story.. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 281 CGTN Africa
Interview with cassiterite mine chief in South Kivu, DRC - French
 
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Filmed by Ian Redmond for Year of the Gorilla 2009.
Views: 1156 YoGorilla2009
Special Assignment - Poached Earth, 23 February 2014
 
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During the recent Mining Indaba held in Cape Town, the Democratic Republic of Congo (DRC), waved the green flag for business, re-iterating its commitment to enabling global investment in the Congo's lucrative mining sector. This occurred against the backdrop of rising volatility in South Africa's mining sector, our enlarged economic footprint in the DRC and the Congo's grim history of conflict moulded by a relentless scramble for the country's enormous mineral wealth by nations united by greed. The green flag is certainly being waved. But in the business of mining, green still signifies the colour of money. And whether through brutal proxy wars or corrupt, clandestine mining deals, the world, including South Africa, wants a piece of the DRC.
Views: 1716 SABC Digital News
DRC Political Crisis Adding Misery to Economic Woes
 
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The Democratic Republic of Congo has delayed the presidential elections slated for next month by nearly two years. The United Nations has warned that tensions could lead to more violence, and the political crisis certainly has not helped the already struggling economy. For VOA, Emilie Iob reports from Kinshasa. Originally published at - http://www.voanews.com/a/3560501.html
Views: 193 VOA News
Secret Mining in the Congo (Intl)
 
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USA, EU & UK urged: 'keep your aid but stop the raid' Professor Willy Vangu, International Spokesperson for the UDPS - DRC Opposition Party It is absurd that a country with more forests than Brazil, more minerals than Australia, more oil than Norway and more hydro-power potential than Finland can be home to over 52 million people (70 per cent of the population) who live on less than 80 pence a day. The Democratic Republic of Congo is a country with vast natural wealth and it suffers this paradox. Secretive mining deals left unchecked by the international community are a major factor in the Congolese people's enduring misery. Why does this happen? Who is behind it? Why does it matter to the UK and what can we do to stop it? Using evidence gathered from the Congo, and from off shore tax havens, Professor Willy Vangu, will explain to the world over the next few weeks the detailed workings behind BVI shell companies. Failure of the UK and the IMF to enforce existing transparency obligations on the DRC Government is wasting taxpayers' money and political capital. As a result, the opposition party of the DRC is calling on aid and loans direct to the DRC Government to be cancelled in return for renewed focus on tackling secretive mining deals, which keep the Congolese people poor and make a few within the DRC very wealthy. The background: In December 2011 a UK Member of Parliament released details of 59 shell companies, mostly registered in the British Virgin Islands and overseen by a Gibraltar trust, that have been involved in purchasing DRC mineral and oil assets. Backed by Global Witness, the MP's analysis of just four of these transactions -- all occurring in the last two years - showed a loss to the Congolese people of over $5.5 billion. This was supposed to change as part of a 2009 loan from the International Monetary Fund. This $551 million loan was conditional upon the DRC government implementing broad transparency and governance reforms in the mining sector: mining contracts were to be published, along with the details of those individuals who are behind companies that own mineral assets and state assets would be put up for public tender. None of this has happened, and the IMF has turned a blind eye. All four of the transactions resulting in the $5.5 billion loss -- 10 times the amount of the IMF loan - occurred after the IMF loan was made. That is, at the time when the IMF was supposed to be closely monitoring the DRC government's promised reforms. Cancellation of aid and loans to the DRC Government: Professor Vangu said recently, "UK Ministers should work to suspend all direct aid and loans to the Congolese government through the IMF and World Bank until it has fully complied with its obligations to the IMF. We are calling on all governments to suspend direct support of the DRC Government, including through futile transparency programmes like PROmines. UK Ministers should also seek guarantees from the DRC that secret sales of state assets to offshore 'shell' companies will be properly investigated." Furthermore, summon the will to clamp down on matters connected to your jurisdiction. This will be cheaper for the British taxpayer and more beneficial to the Congolese people than continuing to pour aid into an unaccountable government. In short, keep your aid but help end the raid. The significant impact it will make to improve the lives of the Congolese is not to be underestimated." Conservative MP and member of the International Development Select Committee, Pauline Latham has called for the suspension of direct loans to the DRC government through the IMF. She has said, "Until the IMF start enforcing the transparency caveats attached to their massive loan to the DRC Government, British taxpayers should stop their support of this regime."
Views: 790 Willy Vangu
STANDARD BANK GOING FORWARD IN DRC
 
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Eric MBOMA
Views: 204 Gérald Thomas
'Robocops' solving traffic problems in cities across DR Congo
 
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A home made robotic traffic cop has become the ultimate answer to nagging traffic challenges in major cities in the Democratic Republic of Congo. The 8 foot traffic robots were first installed in 2013 as a pilot study but authorities quickly bought into the innovation and these days they have become a common sight in the DRC. CGTN's Chris Ocamringa has more Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 584 CGTN Africa
Grand Inga, Congo's $50bn super dam | FT World Notebook
 
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs The FT's east Africa correspondent Katrina Manson travels to Inga to report on the Democratic Republic of Congo's plans to build the Grand Inga, the world's biggest hydropower dam. The $50bn project, which will boost the copper sector and alleviate blackouts, will take decades to build. ► FT World News: http://bit.ly/1Exp0iJ ► FT Business: http://bit.ly/1KUK08s For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
Views: 7948 Financial Times