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The World Bank is considering extending its Transforme project along the Lobito Corridor in the southeastern Democratic Republic of Congo (DRC), Zouhour Karray, the Bank’s Senior Private Sector Specialist, said after a two-week mission to the country.

Speaking in an interview published on the project’s YouTube channel on March 6, 2026, Karray said the initiative forms part of a corridor-based development strategy aimed at linking infrastructure investment with the growth of local entrepreneurship.

Three corridors are currently under consideration: the Lobito Corridor, the Kongo Central Corridor and an axis stretching from Mbuji-Mayi to Bukavu, which she described as a “peace corridor.”

Preliminary assessments have identified five cities in Haut-Katanga and Lualaba provinces as priority areas: Lubumbashi, Likasi, Kolwezi, Fungurume and Mutshatsha. Karray stressed that the selection remains provisional and that evaluations are ongoing.

The two-week mission focused on assessing the local entrepreneurial ecosystem, the region’s economic potential and the specific needs of SMEs, startups, women entrepreneurs and micro-entrepreneurs.

“In the coming stages, we will have a clearer picture of the instruments that will be deployed at the provincial level, as well as opportunities to support business climate reforms,” she said.

The preparation phase for the proposed expansion is expected to run until June 2026, with implementation planned to begin afterwards. The World Bank is also considering extending the project by two years and providing additional financing to support the scale-up.

The Transforme project was approved by the World Bank in May 2022 with a budget of $300 million. It aims to support the growth of micro, small and medium-sized enterprises, particularly those owned or led by women, through grants, improved access to finance and business environment reforms. The project is currently scheduled to close on Sept. 30, 2027.

In February 2025, national project coordinator Alexis Mangala said the project’s geographic scope was limited to the cities of Bukavu, Bunia, Goma, Kananga, Kinshasa and Mbuji-Mayi, as well as the Kasangulu–Muanda corridor, which includes Kasangulu, Kisantu, Mbanza-Ngungu, Kimpese, Matadi, Boma and Muanda.

If approved, the Lobito Corridor expansion would mark a significant new phase in the project’s deployment rather than a minor extension of its current footprint.

Ronsard Luabeya

Posted On mercredi, 11 mars 2026 02:00 Written by

(AML HOLDINGS LLC) AML Holdings LLC announced the termination of the Memorandum of Understanding entered into with Kerith Resources SARL dated 28 June 2025 in relation to the proposed joint venture manganese mining initiative in Kongo Central province, DRC with Kerith Resources SARL with effect from 2nd February 2026.

AML Holdings LLC announced the termination of the Memorandum of Understanding entered into with Kerith Resources SARL dated 28 June 2025 in relation to the proposed joint venture manganese mining initiative in Kongo Central province, DRC with Kerith Resources SARL with effect from 2nd February 2026.

The decision follows extensive negotiations on the draft Shareholders’ Agreement and a thorough assessment of the project's legal and operational framework. Despite dedicated efforts since the conclusion of TICAD 9 to identify a legally robust pathway for licensing, and multiple engagements with Kerith Resources SARL, mutually acceptable terms could not be reached due to discrepancies in the approach to obtaining the mining permits and misalignments on shareholders’ rights and responsibilities.

AML Holdings LLC remains committed to responsible investment in the critical minerals sector if there are any potential opportunities and wishes Kerith Resources SARL success in its future endeavors.

Any other public announcements made in connection with AML's investment in the DRC may not be accurate or complete. The Company shall not be held responsible and expressly disclaims any liability for them.

 aml logo

Posted On mardi, 10 mars 2026 08:55 Written by

The Public Procurement Regulatory Authority (ARMP) published a decision on March 4, 2026, concerning the contract for the acquisition and installation of equipment to digitize payments for the Infrastructure Development Tax, known as the Go-Pass. According to the document, the contract was awarded to Mayeles SAS for a total amount of $4.069 million including tax. The decision was signed on March 2, 2026 by Blaise Londole Lokoy, Director General of the Régie des Voies Aériennes (RVA), the state-owned company that manages airports in the Democratic Republic of Congo.

The award remains provisional. Under Congolese public procurement rules, unsuccessful bidders have five business days to file an appeal. If no appeal is submitted, or once any challenges are reviewed, the award may become final and the contract can be signed.

The project stems from an international tender launched by the RVA on September 23, 2025, for the supply of machinery, hardware and software to digitize the collection of the airport tax. The initiative aims to replace the current collection system, which relies on paper coupons issued to passengers after payment.

Addressing systemic revenue leakage

The manual system has frequently been criticized for control failures. These include booklets with identical serial numbers in circulation, parallel coupon issuance channels, and persistent difficulties in tracking the total revenue generated by the tax.

During the Makutano Forum in November 2025, Transport Minister Jean-Pierre Bemba said two banks had submitted offers to finance the digitalization project. He presented the reform as a way to secure Go-Pass revenue by allowing passengers to pay electronically and obtain a QR code for airport inspections.

Under the planned system, electronic gates will allow travelers to scan their QR codes before accessing boarding areas. The mechanism is intended to ensure direct tracking of payments by the RVA.

Official documents do not provide detailed information about Mayeles SAS. However, public business registries indicate that a company with the same name, established in 2019 and registered in Créteil, France, has been listed as dissolved since July 8, 2025. That entity operated in the rental and leasing of personal and household goods. These details relate to the French-registered company and do not rule out the existence of other companies using the same name in other jurisdictions.

Authorities have not disclosed how many airports will be covered by the contract awarded to Mayeles SAS. The transport minister previously indicated that the digital Go-Pass system would first be deployed at the country’s international airports.

Timothée Manoke

Posted On mardi, 10 mars 2026 08:39 Written by

South Africa’s Standard Bank Group is exploring new infrastructure investment opportunities in the Democratic Republic of Congo. A delegation from the financial institution met with the Congolese Minister of Infrastructure and Public Works, John Banza Lunda, in Kinshasa on March 6, 2026, according to a ministry statement. The meeting follows an initial exchange held on February 24, 2026, in Cape Town on the sidelines of the African Markets Conference, an event organized by Standard Bank focused on African markets.

According to the Ministry of Infrastructure, discussions focused on financing mechanisms for structural projects, particularly in the transport, energy and economic infrastructure sectors, which are considered essential to support the country’s growth. Kayode Solola, head of global markets for African regions at Standard Bank, said the delegation’s mission to the DRC was aimed at examining the next steps for cooperation with Congolese authorities to support the national infrastructure development strategy.

In this context, the two parties discussed the possibility of establishing joint working groups, the ministry said. These teams would be responsible for identifying priority projects and assessing their feasibility ahead of any potential financing decisions.

The exchanges build on cooperation initiated in July 2025, when Prime Minister Judith Suminwa received a delegation from the banking group in Kinshasa. At the end of that meeting, Lungisa Fuzile, Chief Executive for Standard Bank’s Africa region, said the bank was interested in supporting the development of several infrastructure projects in the DRC. Discussions notably mentioned the Lobito Corridor, as well as projects in the road, energy and telecommunications sectors.

Standard Bank has operated in the Democratic Republic of Congo since 1992. It provides services in the country through its branches in Kinshasa and Lubumbashi, as well as through a network of local intermediaries.

For the Congolese government, interest from the South African banking group aligns with a strategy to mobilize greater private and international financing to support infrastructure investment. The sector is considered one of the main drivers of the country’s economic transformation.

Ronsard Luabeya

Posted On lundi, 09 mars 2026 17:03 Written by

The city of Beni in North Kivu province has faced a fuel shortage since March 7, 2026, triggering a sharp rise in prices on the local market.

According to Radio Okapi, gasoline prices rose within hours from about 2,500 Congolese francs per litre to 8,000 francs among street fuel vendors, more than three times the usual price.

The broadcaster said the shortage is linked to tanker trucks stranded in Kenya that were meant to supply Beni as well as the nearby cities of Butembo and Kasindi. Service station managers said their trucks are blocked at a refuelling site in Kenya. The exact reason has not been specified.

Amid uncertainty over when deliveries will resume, several operators have temporarily suspended sales to conserve their fuel stocks. The shortage has already disrupted transport in the city. Traffic has declined sharply, motorcycle taxi fares have increased, and some drivers are passing higher fuel costs on to passengers.

The situation echoes a similar disruption in July 2025, when fuel supplies were interrupted after around sixty tanker trucks were blocked at the entrance to Beni. The blockade followed a dispute between fuel importers and the General Directorate of Customs and Excise (DGDA) over tariffs applied to petroleum products.

At the time, gasoline prices on the black market rose to around 6,000 Congolese francs per litre, compared with roughly 3,400 francs under normal conditions. Transport costs in the city also increased significantly.

The latest disruption underscores the heavy dependence of cities in eastern Democratic Republic of Congo on regional fuel supply chains, particularly routes through East Africa. Any disruption to these routes quickly affects fuel prices and the functioning of the local economy.

Boaz Kabeya

Posted On lundi, 09 mars 2026 16:49 Written by

The construction of universities in Kisangani and Mbandaka could require a combined investment of about $105.6 million, according to two provisional award decisions signed by Higher and University Education Minister Marie-Thérèse Sombo and published on Feb. 16, 2026 on the portal of the Public Procurement Regulatory Authority (ARMP).

The Mbandaka contract was provisionally awarded to the Masiha Services SARL-CCE SARLU consortium for an estimated $54.7 million, while the Kisangani project was provisionally awarded to the ZS Africa Solutions SARL- SOAFRICO SARL consortium for $50.9 million.

Both decisions remain provisional. Congolese public procurement rules allow five business days for unsuccessful bidders to file appeals. If no challenge is lodged, or once appeals are reviewed, the awards can be confirmed and the contracts signed.

If the Kisangani contract is confirmed, ZS Africa Solutions would expand its presence in university infrastructure projects in the Democratic Republic of Congo. The company has been involved in several consortium contracts since 2022.

In March that year, a consortium including Building Blocks SARL, ZS Africa Solutions SARL and Société Probuild SARL secured a contract worth about $22.3 million to build infrastructure at the University of Bunia. The same group also won a $50.6 million contract to build and rehabilitate facilities at the National Pedagogical University (UPN) and the National Institute of Building and Public Works (INBTP) in Kinshasa.

Logistical constraints

Several media investigations have linked the company to other university projects, including in Kananga and Mbuji-Mayi, raising questions about the concentration of multiple university infrastructure contracts among consortiums involving the same firm.

In October 2025, ZS Africa Solutions said construction in Bunia was about 90% complete, while citing delays partly linked to difficulties sourcing cement. Company officials said some cement used on the site came from Kenya, with road transport taking several weeks because of security conditions and poor road infrastructure in the region.

Logistical constraints could also affect the future Kisangani project. Tshopo Province has no local cement production and relies mainly on supplies from Kongo Central via Kinshasa or imports from Uganda.

In June 2025, the Congolese Press Agency reported the expected arrival of 120,000 bags of cement in Kisangani to ease rising prices, with part of the shipment transported by river along the Congo River. The new university projects could increase demand in the local cement market and create opportunities for producers operating in the DRC, particularly those based in Kongo Central, the country's main cement production hub.

Timothée Manoke

Posted On lundi, 09 mars 2026 12:56 Written by

Bags & Sacks has expressed interest in securing additional financing from the Fonds de promotion de l'industrie (FPI) to diversify its product range and strengthen working capital. The information was disclosed in a statement issued by the FPI after a site visit on Feb. 24-25, 2026, to Kimpese in Kongo Central province, where a delegation from the institution toured the company's facilities.

Bags & Sacks manufactures woven polypropylene packaging bags and is led by Hussein Ladha. The company operates two industrial plants in the Democratic Republic of Congo: one in Songololo/Kimpese in Kongo Central and another in Lubumbashi in Haut-Katanga province. The FPI said the Lubumbashi plant, inaugurated in June 2023, produces packaging for cement and agricultural products as well as big bags used notably in the mining sector.

Details of the products targeted under the diversification plan have not been disclosed. Current production capacity is better documented. According to the FPI, the Songololo plant produces 40 million bags annually for cement and agricultural products. In Lubumbashi, the company's founder has announced capacity of 2 million big bags per year and 36 million bags for clients in the mining, cement and agricultural sectors.

Prior FPI support

If approved, the new request would not be the FPI’s first support for the company. The fund said it had previously backed Bags & Sacks in earlier investments. For the Kimpese site, the company obtained a $3.5 million loan at the project's launch, according to an earlier statement from the fund. For the Lubumbashi expansion, the FPI said the total investment cost reached $25 million, of which its credit covered 53%.

The regulatory environment may also work in the group’s favor. Starting in April 2025, the Ministry of Foreign Trade banned for 12 months the importation of cement bags, packaging and big bags into the southeastern region of the DRC. The measure was presented as support for the local packaging industry, a market in which Bags & Sacks has established itself as one of the leading industrial players.

The FPI has not specified the amount of additional financing being sought nor the products the company plans to add. The request submitted during the Kimpese visit nonetheless suggests Bags & Sacks is seeking to consolidate its position in a market where domestic production benefits from both financial and regulatory public support.

Timothée Manoke

Posted On lundi, 09 mars 2026 12:36 Written by

Kinshasa's provincial authorities announced a crackdown on the ride-hailing sector on Monday, citing a surge in kidnappings and rising insecurity in the Congolese capital.

In a statement published on March 7, 2026, provincial governor Daniel Bumba Lubaki said he had directed the provincial executive to implement security and technological measures aimed at protecting residents and regulating the urban transport sector.

Provincial Minister of Transport and Urban Mobility Jésus-Noël Sheke said the measures include the mandatory registration of all ride-hailing vehicles, known locally as VTCs, operating in the capital. Each vehicle will be required to display a secure QR code allowing immediate tracking.

Drivers will also be required to hold a professional card to operate. Starting March 23, any driver caught operating without the document will face administrative and criminal penalties, Sheke said.

Real-Time Tracking

Digital ride-hailing platforms will be required to connect with Kinshasa's Provincial Agency for Digital Development, known by its French acronym APDNK. The measure is intended to allow authorities to monitor the real-time geolocation of vehicles operating in the city.

The measures come amid mounting public concern over security in the capital. Several kidnapping cases have been reported in recent weeks. On social media, accounts shared by relatives and witnesses describe the abduction of a journalist who was allegedly held for several days before being released. Those accounts have not been the subject of detailed official statements from authorities.

The provincial government said the new measures are intended to strengthen public safety and restore confidence in urban transport services. Authorities said vehicle tracking and driver identification should help reduce the risk of fraudulent use of ride-hailing platforms.

The ride-hailing sector in Kinshasa has been subject to tighter regulation since July 2025, when an administrative inspection mission led by the province resulted in the suspension of several platforms operating in the capital, leaving Yango as the only company authorized to operate.

Ronsard Luabeya

Posted On lundi, 09 mars 2026 12:29 Written by

The Democratic Republic of Congo (DRC) has entered a new phase in the management of its infrastructure-for-minerals cooperation program with a group of Chinese companies. The Regulatory Agency for the Monitoring and Coordination of Collaboration Agreements (APCSC) announced on March 5, 2026, the signing of contracts to launch a technical and financial audit of the program.

The audit will examine the implementation of the project from its launch in April 2008 to the signing of its most recent amendment in March 2024. The Chinese consortium involved includes China Railway, Sinohydro and Zhejiang Huayou.

To implement the project, the parties created the Sino-Congolese Mines joint venture, known as Sicomines (SCM). The Chinese consortium holds a 68% stake, while the state-owned mining company Gécamines owns 32%. Sicomines is responsible for developing and mining copper and cobalt at the PE 9681 and PE 9682 permits in Mutshatsha, in Lualaba province, to finance infrastructure projects. Authorities also plan to certify the mineral resources associated with these permits.

The technical and financial audit has been awarded to the ATF-PCSC/Mayer Brown consortium, while SRK Consulting will carry out the certification mission. Little information is available about ATF-PCSC. Mayer Brown is an international law firm advising on infrastructure projects, particularly in the energy and natural resources sectors. SRK Consulting describes itself as an independent international consultancy specializing in mining, geology, water and environmental services.

According to the APCSC, the audit will examine how mobilized resources were used, assess the implementation of contractual commitments, and determine whether the project has been carried out in accordance with the cooperation agreement and its amendments. The review will cover several areas, including mining, finance, technical and infrastructure components, legal and contractual issues, as well as environmental and sustainability aspects. The agency said the findings should provide a detailed assessment of the project's implementation and offer recommendations to improve governance and performance.

$1.5 billion for infrastructure

The Sino-Congolese program has faced criticism on several fronts since its launch in 2008, including concerns over the transparency of loans, mining and infrastructure investments, and the revenues generated by Sicomines. Critics have also pointed to the absence of competitive bidding and the risk of inflated construction costs. The March 2024 amendment provided for a technical and financial audit to clarify these issues.

The amendment states that, at the time it was signed, $1.5 billion had already been borrowed for infrastructure, including principal and interest. This figure includes $300 million that had previously remained undisbursed before being made available after the amendment, as well as “all costs or expenses accepted by the parties.” According to a progress report presented in September 2025 by the Congolese Agency for Great Works (ACGT), only $1.277 billion is actually expected to be allocated to infrastructure projects.

However, the amount and purpose of other costs or expenses remain unclear. In a report published in January 2026, the U.S. research center AidData revealed that Sicomines granted loans totaling $82 million to Gécamines, though the interest rates were not specified. The cost of debt contracted from Eximbank China is known to fluctuate, as the interest rate is indexed to international market rates plus 1%. The debt is to be repaid over 25 years, including a 10-year grace period.

Information on completed infrastructure projects and their costs remains limited. In its July 2024 report, the International Monetary Fund (IMF) said that only $888 million in infrastructure loans had been disbursed by 2022, but data on project execution were scarce. IMF staff said they did not know how projects were selected or whether their implementation aligned with initial cost projections.

$9 billion in debt

While the agreement originally planned for a $3.2 billion loan to finance mining investments, AidData reports that Sicomines contracted $7.61 billion in debt between 2008 and 2020 to develop the mine. The first Eximbank China loan, granted in 2008 for $2.13 billion, carries a fixed interest rate of 6.1%, a 25-year maturity and a six-year grace period. The second loan, granted in 2013 for $2.61 billion, has a floating interest rate indexed to international market rates plus 3%, with a 25-year maturity and a 10-year grace period.

The first shareholder loan from the Chinese consortium in 2008 amounted to $1.07 billion and is interest-free. The second, valued at $1.77 billion, carries a floating interest rate indexed to international market rates plus 2.7%.

Over the period covered by the audit, the Sicomines joint venture reportedly contracted nearly $9 billion in total debt to finance infrastructure and develop its copper-cobalt mine. Under the cooperation agreement signed between the DRC and the Chinese companies, mining revenues must first be used to repay these loans, with the remaining funds then distributed as dividends.

The Sicomines mine began production in 2015 and reached full capacity in 2024, exporting 246,000 tonnes of copper. However, AidData reports defaults on loans used to develop the mine, although it did not provide a comprehensive assessment. Regarding the debt allocated to infrastructure, which must be repaid first, the research center said Sicomines had repaid $441.1 million by the end of 2020. As of December 31, 2021, the remaining balance on that loan stood at $658.78 million.

The audit results are expected to clarify the project's actual debt level and the share of revenues already used for repayment. These elements directly affect key provisions of the 2024 amendment, including the distribution of Sicomines’ capital and the payment of royalties and dividends. The amendment stipulates that the shareholding structure will remain unchanged and that royalties paid to Gécamines will be capped at 1.2% of turnover until all loans linked to the cooperation project, including principal and interest, are fully repaid.

The amendment also makes any new decisions regarding the project’s development conditional on the results of the technical and financial audit, the full certification of mineral resources, and the approval of an updated feasibility study.

Pierre Mukoko & Boaz Kabeya

Posted On lundi, 09 mars 2026 04:25 Written by

The Democratic Republic of Congo (DRC) is among six African countries selected for pilot projects aimed at developing affordable 4G smartphones. The initiative is led by the GSMA, the global association representing mobile network operators and industry players, and organizer of the Mobile World Congress (MWC) in Barcelona.

Announced during MWC 2026, the project also involves Ethiopia, Nigeria, Rwanda, Tanzania and Uganda. These countries will serve as test markets for entry-level smartphones priced between $30 and $40, with the aim of reducing one of the main barriers to digital adoption in Africa: the cost of devices.

The initiative was discussed during a roundtable held on March 2 at MWC 2026. The Congolese Minister of Digital Economy, Augustin Kibassa Maliba, said he attended the meeting. According to a statement from the ministry, the GSMA is advocating for a coalition of governments, telecom operators and manufacturers to lower smartphone prices.

The ministry also mentioned a proposal to reduce taxes on entry-level smartphones, potentially shifting part of the tax burden toward higher-end devices.

Bridging the digital gap

According to the Regulatory Authority of the Post and Telecommunications of Congo (ARPTC), mobile penetration in the DRC reached about 65% at the end of September 2025, while mobile internet penetration stood at just over 32%. The gap suggests that network coverage is expanding faster than smartphone adoption, largely due to low purchasing power.

The Minister of Digital Economy said lower device prices could expand the user base, boost data consumption and ultimately increase revenue from digital services.

ARPTC data show that mobile internet is gaining weight in the telecom sector. In the third quarter of 2025, the segment generated more than $335 million and accounted for nearly 55% of total mobile market revenue.

However, the initiative’s impact remains uncertain. Its success will depend on several factors, including the level of taxes applied to devices, manufacturers’ ability to meet price targets amid rising component costs, and the speed of commercial rollout in pilot countries.

Augustin Kibassa Maliba said the government plans to work with relevant ministries and telecom operators to develop a balanced fiscal framework aimed at expanding digital access without reducing government revenue.

For the DRC, the challenge will now be to translate its inclusion in the African pilot program into concrete measures on pricing, distribution and effective access to mobile internet.

Timothée Manoke

Posted On vendredi, 06 mars 2026 18:26 Written by
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