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.
The Democratic Republic of Congo lost out on about $1.4 billion in revenue by selling undervalued copper and cobalt deposits now controlled by Glencore Xstrata Plc and Eurasian Natural Resources Corp., a group led by former United Nations Secretary-General Kofi Annan said.
Democratic Republic of Congo President Joseph Kabila looked set to extend his 10-year rule as the U.S. joined other governments warning that the mineral-rich country’s election results may trigger violence.
Democratic Republic of Congo’s president, Joseph Kabila, called for a stronger mandate for United Nations peacekeepers to help combat a rebellion in the east that has forced almost 1 million people from their homes.
The death of Democratic Republic of Congo President Joseph Kabila’s senior business adviser may trigger a power struggle in one of Africa’s biggest mineral- producing countries, said analysts including Thomas Wilson at London-based consulting firm africapractice.
Democratic Republic of Congo authorities presented to reporters more than 100 people allegedly involved in a Feb. 27 attack on President Joseph Kabila ’s residence and a military camp in Kinshasa, the capital.