Vol 2 (AAC) No 8 |
- CONGO-KINSHASA
- CHINA
The IMF has scored some points in its battle with China over the mining-for-infrastructure deal but a final decision is unlikely before year's end
The International Monetary Fund's pressure on Kinshasa has
led to the first sign of the government buckling. At the end of
2007, President Joseph Kabila's government agreed a US$9
billion deal...
Vol 2 (AAC) No 6 |
- CONGO-KINSHASA
- CHINA
All three sides - the IMF, Kinshasa and Beijing - say there
is little room for compromise on this month's debt relief talks
Kinshasa's negotiators are preparing for more talks with the
International Monetary Fund's debt experts at the Fund and World
Bank's spring meetings in Washington on 25-26 April. The fundamental
problem remains...
Vol 2 (AAC) No 6 |
- CONGO-KINSHASA
- CHINA
China's Huawei and China International Telecommunication Construction
Corporation are working on two information technology
projects for Congo-Kinshasa's Ministère des Postes,
Téléphones et Télécommunications (MPTT, Post and Telecommunications Ministry). China Exim Bank...
Vol 2 (AAC) No 4 |
- CONGO-KINSHASA
- CHINA
China's investment and production plans face a crisis as Kinshasa's foreign reserves nosedive
Falling demand for copper, cobalt and diamonds offers a stark
choice for President Joseph Kabila's government: does it
accept the onerous conditions of credits from the International
Monetary Fund or does...
Vol 2 (AAC) No 4 |
- CONGO-KINSHASA
- CHINA
Chinese money is now a key target for United States'
FG Hemisphere Associates LLC, which wants to reclaim a debt of
US$104 million owed by Congo-Kinshasa. FG Hemisphere is widely...
Vol 2 (AAC) No 2 |
- CONGO-KINSHASA
- CHINA
Congo's rebel General Laurent Nkunda demands that the Kinshasa government cancels all China contracts
China’s billion dollar contracts in Congo are at the centre of a new propaganda front in rebel General Laurent Nkunda’s war against President Joseph Kabila’s government in Kinshasa....
Vol 2 (AAC) No 1 |
- CONGO-KINSHASA
- CHINA
The International Monetary Fund has given Kinshasa a
stark choice: the Bretton Woods financial institutions or the Chinese.
The International Monetary Fund has given Kinshasa a stark choice: the Bretton Woods financial institutions or the Chinese. On a visit in September, an IMF delegation led by...
Vol 49 No 25 |
- CONGO-KINSHASA
The government cannot afford another war – and probably could not win it, so it must talk to its nemesis
No one in the Kinshasa government wanted to talk to the rebel General Laurent Nkunda. So the talks which began in Nairobi on 8 December were a big...
Vol 49 No 24 |
- CONGO-KINSHASA
Low demand for minerals, especially from China, depresses mines and the whole economy
The world’s financial crisis threatens the mining deals that were meant to finance Congo-Kinshasa’s post-war recovery. The big mining companies are finding it hard to raise funds as...
Rebel leader Laurent Nkunda likes to compare his relentless
campaign against the Kinshasa government with the military resistance
of General Charles de Gaulle, 'the man who said no'. Taking the
parallels further, Nkunda has announced the formation of a provisional
government in eastern Congo and threatens to march on the Kabila
government. Without substantial back-up for the UN peacekeepers
and a turnaround by the government forces, Nkunda's wild ambitions
will face few obstacles.
The strategic blunders of both the Kinshasa government and the Kivu rebels leave Congo's government facing military defeat, the rebels facing political isolation and the people of Kivu...