Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DRC Reshuffles Leadership at Gécamines, Sakima and Sokimo

DRC Reshuffles Leadership at Gécamines, Sakima and Sokimo

Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on state television on Feb. 23, 2026. The appointments concern Société aurifère du Kivu et du Maniema (Sakima), Société de Kilo-Moto (Sokimo) and Générale des carrières et des mines (Gécamines).

Sakima

Guy Robert Lukama was appointed director general, replacing Fidèle Babala Wandu. A former banker who worked in the DRC and Belgium, Lukama has spent several years in the mining sector. Since February 2023, he has served as chairman of the board of Gécamines. He will be supported by deputy director general Théodore Ngwama. Mokolo Kamuena Kanana was appointed chairman of Sakima’s board.

The appointments come as the company continues a technical, social and financial restructuring under a recovery plan launched in 2024. Sakima holds 47 operating permits in Maniema, North Kivu and South Kivu provinces, as well as five hydroelectric power plants.

Sokimo

Yannick Nzonde Mulundu was appointed director general of Sokimo, replacing Pistis Bonongo. An entrepreneur, he founded Mulundu Investment Holdings and Chi Groupe, and was listed by Forbes Africa in 2018 among high-potential young entrepreneurs. Placide Nkala was named deputy director general, while François Kakese was appointed chairman of the board.

In 2024, Sokimo resumed mining operations after several years of inactivity. The new management team faces major challenges, including strengthening resource governance and modernising production infrastructure.

Gécamines

Baraka Kabemba was appointed director general of Gécamines. A consultant by training, he was a partner at Ernst & Young (EY), where he led advisory operations in Central Africa, covering CEMAC countries and the DRC. He also oversaw the energy sector, including mining.

He will be supported by Jacques Masangu, deputy director general in charge of financial operations, and Ludovic Monga, deputy director general in charge of mining operations and development, both of whom remain in their positions. Deogratias Ngele Masudi, former secretary general of the company until 2021 and a former justice minister, was appointed chairman of the board.

The appointments come as state mining companies reposition strategically. Gécamines in particular is expected to play a key role in implementing the DRC-United States strategic partnership signed on Dec. 4, 2025, which focuses on critical minerals. In May 2025, Deogratias Ngele Masudi and Baraka Kabemba were appointed to the strategic coordination unit tasked with overseeing the partnership.

Ronsard Luabeya

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
dr-congo-signs-responsibility-agreement-to-curb-irregular-public-hiring
Democratic Republic of Congo Deputy Prime Minister for the Civil Service Jean-Pierre Lihau has signed an accountability agreement with...
drc-gabon-sign-mou-on-mobile-roaming-cooperation
The Democratic Republic of Congo and Gabon have signed an agreement to develop mobile roaming services between the two countries. The memorandum of...
drc-central-bank-turns-to-gold-in-push-to-support-franc-cut-dollar-dependence
The Democratic Republic of Congo's central bank has moved to add gold to its official reserves, signing an agreement on Feb. 20 with DRC Gold Trading, the...
drc-miner-sacim-completes-first-antwerp-diamond-sale-in-over-a-decade
Anhui Foreign Economic Construction Ltd Congo Corp (SACIM) has completed its first public sale of 288,000 carats of industrial diamonds in Antwerp,...

African Economies

MOST READ

Please publish modules in offcanvas position.