Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DRC: CMOC Seeks Subcontractors to Handle Electrical Work in Kisanfu and Koni

DRC: CMOC Seeks Subcontractors to Handle Electrical Work in Kisanfu and Koni

On April 2, 2025, China Molybdenum Co. Ltd (CMOC) issued a tender call for electrical work in the localities of Kisanfu Gare and Koni, Lualaba province, Democratic Republic of Congo (DRC). The project involves constructing a 2.5 km 11 kV medium-voltage line, creating low-voltage networks, and installing a public lighting system. 

Interested companies must submit applications by April 7, including legal and financial compliance documentation and references for similar projects.

This initiative is part of the development of the Kisanfu mining project, which CMOC acquired in December 2020 for $550 million from Freeport-McMoRan. The Kisanfu deposit is notable for its significant copper and cobalt resources, which are crucial for electric vehicle battery production.

CMOC is a major player in subcontracting in the DRC. In 2024, it awarded over $985 million in contracts to local companies through its Tenke Fungurume and Kisanfu mines, accounting for nearly 50% of the total volume reported by the Autorité de régulation de la sous-traitance dans le secteur privé (ARSP).

Boaz Kabeya (intern)

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
drc-us-cooperation-president-tshisekedi-appoints-new-ambassador-in-washington-amid-shifting-tides
The Democratic Republic of Congo has a new face in Washington. On June 10, President Félix Tshisekedi appointed Yvette Ngandu Kapinga as the country’s...
critical-minerals-pascal-agboyibor-appointed-as-negotiator-in-us-drc-talks
Pascal Agboyibor, a Franco-Togolese business lawyer, has been appointed as one of the 22 members of the strategic coordination unit overseeing the mining...
embezzlement-matata-ponyo-sentenced-to-10-years-of-hard-labor
Former Congolese Prime Minister Augustin Matata Ponyo was sentenced on May 20, 2025, to 10 years of hard labor and five years of deprivation of access to...
africell-appoints-new-ceo-in-dr-congo
Kory Webster is the new CEO of Africell DRC, the Congolese subsidiary of US-based Africell Group. In a press release dated May 19, 2025, the group...

African Economies

MOST READ

Please publish modules in offcanvas position.