FOMIN: Godard Motemona Takes Over Amid Transparency Concerns

Godard Motemona Gibolum assumed leadership of the Mining Fund for Future Generations (FOMIN) on June 12, following his appointment by presidential decree...

Lloyds places executives in key Chemaf positions, Soorya Prabhakaran named CEO-designate

More than two months after the takeover of Chemaf was finalised, the role of Lloyds Metals and Energy, Virtus Minerals' partner in the deal, in the...

Ted Beleshayi appointed ARSP chief amid tighter subcontracting controls

Ted Beleshayi Kasanda has been appointed director general of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) in the Democratic...

clear-contracts-are-one-of-the-best-safeguards-against-future-disputes-maude-vallee-alsf-chief-operations-officer

“Clear Contracts Are One of the Best Safeguards Against Future Disputes” — Maude Vallée, ALSF Chief Operations Officer

Since 2008, the African Legal Support Facility (ALSF), an institution affiliated with the African Development Bank (AfDB), has helped African governments...

General Kasongo Kabwik tapped to tackle sanitation challenges in Kinshasa

Democratic Republic of Congo President Felix Tshisekedi announced on Friday the creation of a multidisciplinary task force dedicated to improving...

Marie-Gabrielle Opese Advocates a Gradual and Pragmatic Move Away from Cash in the DRC

As the Democratic Republic of Congo steps up efforts to strengthen the credibility of its financial system and accelerate its digital transformation,...

Road Maintenance Funding Gap Nears $200 Million Despite FONER Revenue Growth

The National Road Maintenance Fund (FONER) has launched its 2026 collection campaign for the Annual Axle Load Fee (RACE). The announcement was made in a...

Tshisekedi Discusses Geological Data Partnership With U.S. Firm Dynamic Aviation

U.S.-based Dynamic Aviation has proposed a national critical minerals data program to the Democratic Republic of Congo. The project aims to improve...

With Brussels Route Launch Set for July, Air Congo Also Eyes Paris and Dubai

Air Congo is preparing to enter the long-haul market with the planned launch of its Kinshasa-Brussels route on July 1, 2026. Beyond the Belgian capital,...

DR Congo Reviews $4.4bn in Road Concession Contracts

The Democratic Republic of Congo has begun a review of road PPP contracts worth $4.419 billion as authorities assess the financial balance of 12...

Nearly $12M Paid to DRC State Since Launch of Biometric Driver's License Program, Bemba Says

At a June 12 session of the National Assembly, Deputy Prime Minister and Minister of Transport, Communications Routes and Territorial Access Jean-Pierre...

Mbanza-Ngungu Project Advances Toward Bankability, Development Partners Weigh Funding Options

The Mbanza-Ngungu Agro-Industrial Park project, which aims to produce 650,000 metric tons of food annually, is entering a critical phase of development....

Mai-Ndombe Announces Roads, Airport Project to Improve Access to Inongo

Mai-Ndombe province plans to launch a major infrastructure program in the coming days that combines the rehabilitation and modernization of more than 80...

How Air Congo Plans to Reach Europe Despite the EU Airspace Ban

On June 12, 2026, Transport Minister Jean-Pierre Bemba reiterated that Air Congo would launch a direct route between Kinshasa and Brussels on July 1,...

Kinshasa Digitizes Airport Departure Tax Collection to Improve Revenue Tracking

Kinshasa provincial Finance Minister Magloire Kabemba announced on June 11, 2026, that an electronic payment system for the statistical embarkation tax...

U.S. Consortium Eyes Long-Term Financing for DRC Strategic Projects

Representatives of a consortium comprising Mida Advisors, Standard Bank and Bank of America met with Democratic Republic of Congo Prime Minister Judith...

MIBA chosen as pilot site for ONYO-BT energy technology

Mines Minister Louis Watum and ONYO-BT SARL Chief Executive Bryan Tshibanda signed a memorandum of understanding on June 12, 2026, to launch a pilot...

BUSINESS CLIMATE

Digital Tools Deployed to Combat Border Fraud in South Kivu

The Congolese government is launching a pilot project to digitize border procedures in South Kivu. The stated goal is to reduce fraud, dumping and revenue...

Maniema: Dar es Salaam-Kindu Flight Opens New Gateway to East Africa

A first flight from Dar es Salaam landed at Kindu Airport in Maniema province on June 17, 2026, after a stopover in Kisangani. The inaugural flight was...

RN5 Reopens, but Eastern DRC Crisis Still Disrupts Bukavu-Uvira Corridor

The Bukavu-Uvira section of National Road No. 5 (RN5) reopened to traffic after nearly a month of closure. Traffic resumed on June 12, 2026, at Luvungi,...

ARSP Resumes Inspections of Companies Subject to Subcontracting Rules

The Democratic Republic of Congo's private subcontracting regulator, the Authority for the Regulation of Subcontracting in the Private Sector (ARSP), has...

Conflict-Driven Provision Surge Pushes SMICO Into 2025 Loss

DR Congo's microcredit institution SMICO closed 2025 with a net loss, even as its core operations remained profitable. Surging loan-loss provisions tied...

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