South Africa has signed a farmland deal with the Republic of Congo that will give South African farmers access to up to 10 million hectares of land, the country's biggest farmers union has said.
Chinese companies have signed an amended $6 billion infrastructure and loan deal with the Democratic Republic of Congo, Chinese ambassador Wu Zexian said Thursday, a step seen clearing the way for debt relief for the African nation. The size of the deal was cut in August to $6 billion from an ori...
WASHINGTON, Aug 4 - The World Bank said on Tuesday it will buy 500,000 tons of carbon credits from a forest project replanting about 4,120 hectares destroyed by deforestation in the Democratic Republic of Congo....
* IMF worried China deal will burden Congo with debt * Congo says needs external funds for infrastructure * Congo's mineral export values falling in global crisis KINSHASA, March 23 - Democratic Republic of Congo...
* Farmers to have access to 10 million hectares * Agreement is for 30-year renewable lease * Deal potentially largest in Africa (Adds reaction from Congolese citizen) JOHANNESBURG, Oct 20 - South Africa has signed...
* First Quantum calls for reversal of contract cancellation * Rejects legal grounds for government decision KINSHASA, Aug 11 - Toronto-listed mining firm First Quantum Minerals has urged the Congolese government to review and reverse...
"It's a traumatized population of people who didn't have very much," he said. "They've been on the road now for weeks, and they've lost everything they have, and they're in a very vulnerable situation."
* India offers Congo $263 million in infrastructure loans * Previous $6 billion Chinese deal had blocked debt relief * Congo expects no resistance from lenders on India package KINSHASA, Oct 30 - India has...
LONDON, June 3 - Miner Rio Tinto is halving exploration spending this year but is pressing on with new programmes in Congo and Laos. Spending this year on both greenfield and brownfield projects is budgeted...
* Congo's Chinese ambassador wants IMF to explain worries * IMF says $9 billion contract saddles Congo with more debt KINSHASA, June 2 - The IMF must present new arguments to justify its call for...