United Nations Secretary General Ban Ki-Moon said Democratic Republic of Congo has the “best chance” to stop further conflict in the east provided its government and regional actors fulfill a commitment to peace.
Sicomines, a joint venture between a group of Chinese companies and Democratic Republic of Congo’s Gecamines SA, will start production of copper in 2015 after it cut proven reserves by a third, a Congolese official said.
World Bank President Jim Yong Kim said the lender’s $1 billion pledge to Africa’s Great Lakes region obliges countries including the Democratic Republic of Congo and Rwanda to adhere to a peace accord signed in February.
Democratic Republic of Congo’s army fired mortars and used helicopter gunships against rebel targets near the eastern city of Goma for a second day, spokesmen for the rebels and the United Nations said.
The Forest Stewardship Council ended its contracts with Danzer Group after accusations that the Swiss wood-processing company’s former subsidiary engaged in human- rights abuses in the Democratic Republic of Congo.
Tanzania plans to boost cargo volumes by 80 percent over the next two years at the Dar es Salaam Port by adding railway links and upgrading facilities to improve efficiency, Transport Minister Harrison Mwakyembe said.
Deogratias Mutombo Mwana Nyembo, who became Democratic Republic of Congo’s central bank governor last week, may boost efforts to extend financial services to more of the country’s 70 million people, an industry group said.
Vodacom Group Ltd., South Africa’s largest wireless operator, plans to begin operating in three additional countries by the end of 2014 as it seeks to bring data services and smartphones to new markets.