NewsCentral Africa

Tue,24Jan2017

Central Africa

China firms to fund Congo hydro power plant to lift mining output

ReutersChina's Sinohydro and China Railway Group will finance a $660 million hydroelectric plant in southeastern Democratic Republic of Congo which is being built to reduce the copper-mining region's power deficit.

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DRC: Will Kabila stay or go?

DRC President, Joseph Kabila. Photo©TUTONDELE MIANKEN/AFPAs the DRC's economy begins to struggle, the country's political debate is focused on elections that must take place by November and the constitution's presidential term limits. It seems impossible to meet that deadline, but President Kabila is not letting on about how he will play the crisis.

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DRC mining sector sheds 3,000 direct jobs since 2015

Photo©Themba Hadebe/AP/SIPADemocratic Republic of Congo's mining sector has lost at least 3,000 direct and 10,000 subcontractor jobs since commodity prices began to tumble last year, the chamber of mines said on Tuesday.

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Second budget cut for Congo Republic as oil price fall bites

File photo©ReutersCongo Republic's government is proposing to cut spending in the current 2016 budget by around 9 percent, repeating a similar mid-year revision made last year as low oil prices cut into revenues, the communications minister said.

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Mandela Fellows: Pathway to Africa's economic growth is inclusion

Aurelie Adam Soule, Mandela Washington fellow from Benin. Photo©FacebookMandela Washington Fellowship for young African leaders' initiative has concluded a three-day regional conference in Ghana, with a call on African leaders to pursue inclusive financial, social and digital policies to quicken the continent's development pace.

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My Journey Back to the Future of African Farming - Olusegun Obasanjo

Former President of Nigeria, H.E. President Olusegun Obasanjo. Photo©YOSHIKO KUSANO/AP/SIPAEvery year, thousands of young Africans join an exodus from their families' small, often struggling farms in the countryside. Their dream – sometimes fulfilled, often not – is to find a more rewarding and stimulating life in the continent´s rapidly growing cities. Few return, but even fewer ever completely sever their ties.

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