Category: Ecology

Barrick Gold Corporation has seen its stake in Cascadia Minerals Ltd reduced to 7.6% following a private placement of units by the latter. Barrick continues to consider this investment strategic and is monitoring Cascadia’s financial condition. The company may decide to acquire more shares in the future. Barrick is no longer considered a Cascadia insider, leaving the company to make investment decisions independently. This reduction in ownership demonstrates Barrick’s continued commitment to the mining industry.

In this powerful extract from a blog article, we discover that AVZ Minerals, a company specializing in mining in Australia, is seeking to regain the trust of the Congolese government and its partners to relaunch the Manono lithium project. Tensions between AVZ Minerals and DRC government agencies have so far hampered the project’s progress. The appointment of three new administrators during the General Assembly offers a chance for renewal, with the objective of negotiating with all parties involved and respecting the interests of the Congolese State and other partners. By adopting a transparent approach focused on negotiation, AVZ Minerals could finally relaunch the Manono lithium project and contribute to the economic development of the DRC.

Summary :

To write captivating and impactful blog posts on the Internet, it is essential to choose a relevant and catchy subject. The structure of the article should be clear and concise, with short titles and paragraphs. Using an engaging and personal tone will help build a connection with readers. Including attractive visual elements, such as images and infographics, will also enhance the appeal of the content. It is important to do thorough research and cite reliable sources to build the credibility of the article. By following these keys, one will be able to improve the quality of blog posts and attract a loyal audience on the Internet.

During his recent visit to Bukavu, Vital Kamerhe, Deputy Prime Minister of the National Economy, participated in construction projects, inaugurated infrastructure and committed to development in the region. Among the highlights of his mission, the construction of the Cimpunda market and the inauguration of the parish church of Sainte-Bernadette illustrated the Congolese government’s commitment to local economic development. In addition, the visit to the rehabilitation works of the national road number 2 and the Mafundwe stadium demonstrated the importance attached by the Deputy Prime Minister to the improvement of transport infrastructure and the development of sport in the region. This visit highlights the Congolese government’s commitment to improving the living conditions of local communities in South Kivu.

Writing blog posts on the internet is a crucial part of online marketing. A talented copywriter can capture readers’ attention from the first lines, using catchy titles and punchy introductions. By researching relevant information and being creative, he can provide informative and engaging content. In addition, an effective copywriter knows how to organize their ideas in a clear and concise manner. Finally, he understands the importance of search engine optimization. In sum, a talented copywriter can help businesses achieve their online marketing goals by engaging the target audience.

The extract from the article:

The public sector in the Democratic Republic of Congo recently released figures for its cash plan for the first two quarters of fiscal year 2023. The data reveals ambitious forecasts in terms of tax and non-tax revenues, but also mixed results .

The projected tax revenues amount to a considerable amount, with optimistic projections of economic growth. However, the realization of these revenues was lower than expected, mainly due to the fall in the prices of mining products on the international markets. This had a significant impact on revenue from the mining industry, which was an important source of financing for the country.

The various entities responsible for collecting revenue, such as the General Directorate of Customs and Excise (DGDA), the General Directorate of Taxes (DGI) and the General Directorate of Administrative, State and Participation Revenue (DGRAD), have also been facing challenges in meeting their revenue collection goals. Measures have been taken to strengthen the capacities of these bodies, but the results are pending.

Faced with these challenges, it is crucial for the Congolese government to diversify its economy. The agricultural sector in particular offers many opportunities for growth and job creation. A solid policy in this area could help mobilize new sources of revenue and reduce the country’s dependence on mineral resources.

Overall, the public sector in the Democratic Republic of Congo needs to be vigilant and proactive in managing its finances. It is essential to put in place effective measures to strengthen revenue collection, while exploring new opportunities for economic diversification. Close monitoring of the economic situation and the measures taken to stimulate growth and financial stability is therefore essential.

For more on this and other issues related to the economy of the Democratic Republic of the Congo, see our related articles below.

In its annual report, UNCTAD highlights the decline in foreign direct investment (FDI) in Africa. While in 2021 the region recorded a record $80 billion in FDI, this figure fell to $45 billion in 2022. Despite this, the number of announcements of new projects increased by 39%, with Africa hosting six of the 15 largest mega-projects announced. Egypt stands out with an increase in FDI of $11 billion, followed by South Africa with $9 billion. However, countries like Nigeria and Ghana have experienced declines or negative FDI flows, highlighting the need for measures to attract more foreign investment to Africa.

Discover the latest news on the economy, development and society through a selection of varied articles. The topics covered range from the economic crisis in the DRC to the emergence of Orthodoxy in the Central African Republic, through the salary demands of the administrators of the territories of Kasai Oriental.

In the article “The economic crisis in the DRC: how civil servants cope with loss of purchasing power and salary delays”, we delve into the reality experienced by many Congolese civil servants. Between galloping inflation and recurring salary delays, the population faces many financial challenges.

The religious and geopolitical phenomenon of the emergence of Orthodoxy in the Central African Republic is discussed in the article “The emergence of Orthodoxy in the Central African Republic: a growing religious and geopolitical phenomenon”. This religious trend is expanding and has an impact on society and international relations.

In the field of financial inclusion, the article “The Partial Loan Portfolio Guarantee Fund in the DRC: a major step forward for access to credit and financial inclusion for SMEs” presents a new measure aimed at supporting small and medium enterprises in the DRC. This guarantee fund encourages financial institutions to grant loans to SMEs, thus promoting their economic development.

Africa’s renewable energy potential is highlighted in the article “Africa’s renewable energy potential: a global call for action to support its transition to a sustainable future” . Africa has abundant clean energy resources, but needs international support to develop these alternative energy sources and reduce its dependence on fossil fuels.

Finally, discover in the article “Tabira: the online banking revolution in France” an analysis of the rise of online banking services in France. The Tabira platform offers a convenient and accessible alternative to traditional banking services, simplifying financial management for many users.

These articles offer a variety of topics and an in-depth analysis of current issues. They provide a better understanding of the economic, social and environmental issues facing different regions of Africa and elsewhere. Stay informed with Fatshimetry!

The Democratic Republic of Congo has made significant payments to repay its public debt in the first six months of 2023. An amount of 118.6 billion Congolese Francs (58.6 million USD) has been paid to its national financial partners and international. However, this amount is lower than expected, reflecting the country’s financial difficulties and efforts to reduce the debt burden. Domestic payments were slightly higher than expected, while international payments were lower. The DRC’s total public debt stands at over $12 billion, and managing this debt remains a major challenge for the country. Transparency and financial sustainability are priorities for ensuring sustainable economic development. It is essential to closely monitor the evolution of public debt in the DRC, as this can have a significant impact on the economy and the daily life of citizens.