Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Cooperation: DRC President in Hungary for Three Days

Cooperation: DRC President in Hungary for Three Days

President Félix Tshisekedi began a three-day visit to Hungary on September 29, 202. According to the DRC presidency, his trip will include political discussions, as Hungary currently holds the presidency of the Council of Europe. Observers believe this could be an opportunity for the DRC to ask Hungary to speak out against "Rwandan aggression" in the eastern part of the country.

The visit will also focus on economic matters. "To bolster their partnership, Hungary and the DRC will sign economic cooperation agreements in priority sectors such as agriculture, infrastructure, and energy production in the DRC," stated the Congolese presidency.

Tshisekedi is with several ministers, including the ministers of Foreign Affairs, Agriculture, Infrastructure, and Hydraulic Resources, as well as executives from the Congolese lithium company. The Congolese leader will also visit Hungarian industries, especially those involved in technological innovation.

While it's unclear if lithium battery production is a main focus of Tshisekedi's agenda, Hungary has valuable experience to share in this area. In recent years, the European nation has become a leading producer of lithium batteries. 

The DRC aims to build a value chain around resources linked to the energy transition, such as lithium. The African country has recently established a Battery Council to develop conditions for producing essential components for electric mobility.

Georges Auréole Bamba

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
drc-ict-minister-visits-french-frim-thales-alenia-space
Augusta Kibassa, Minister of Telecommunications of the DR Congo, was in France last week. Kibassa visited Thales Alenia Space, a French firm that makes...
drc-reverend-sister-rita-mboshu-kongo-recognized-for-work-empowering-congolese-girls-and-women
The Reverend Sister Rita Mboshu-Kongo, from the Democratic Republic of Congo (DRC) and a member of the Congregation of the Daughters of Mary Coredemptrix,...
drc-authorities-ramp-up-efforts-to-boost-agricultural-sector-including-an-upcoming-major-project
The Congolese Minister of Rural Development, Muhindo Nzangi Butondo, was in Gbadolite, North Ubangi, on October 28, 2024. During his visit, he discussed a...
drc-ministry-of-water-accelerates-digitalization-efforts-with-smart-meter-project
Goma, the capital of North Kivu, will be one of the first cities in the DR Congo (DRC)to receive smart meters. The initiative is part of a broader...

African Economies

MOST READ

Please publish modules in offcanvas position.