“The Lufu cross-border market: the epicenter of trade between Angola and the DRC”

The Lufu cross-border market, a real crossroads between Angola and the Democratic Republic of Congo, is the site of multiple commercial exchanges. The diversity of Angolan products which flood the Congolese market testifies to the vitality of this space. At the same time, economic issues such as the rebalancing of the Sicomines contract and the electrification of Ituri by GreenTech Energy are at the heart of the discussions. Workshop on tax and customs compliance highlights importance for local entrepreneurs. Follow all this news and much more in the Echos d’ économique program for a captivating dive into the heart of regional socio-economic dynamics.

Title: The modernization of National Road 4 in DR Congo: a new horizon for the country’s road infrastructure

The modernization of National Road 4 in DR Congo constitutes a major step forward in the development of the country’s road infrastructure. This project, entrusted to the China Communications Construction Company, aims to provide the country’s inhabitants with a reliable and safe road, reflecting President Tshisekedi’s commitment to infrastructure development. The works launching ceremony brought together local authorities and representatives of the partners involved, highlighting the importance of these efforts for the socio-economic development and connectivity of the country. This project is part of a perspective of sustainable development and connectivity, offering new perspectives for the future of transport in DR Congo.

“Nigeria in crisis: naira falls to historic lows and stocks record their biggest decline in over a year”

Nigeria faces major economic challenges as the naira hits historic lows and stocks record a sharp decline. Despite signs of improving foreign exchange liquidity, dollar shortages persist, leading to accelerated inflation and volatility in financial markets. The central bank governor has taken steps to stabilize the situation, but challenges remain. The Nigerian economy requires reforms to regain stability.

**”Financial Transparency Conflict in the DRC: Fight for Accountability at the Ministry of EPST”**

Behind the scenes of power in the Democratic Republic of Congo, a battle for financial transparency pits the EPST ministry against the IGF. The tensions highlight shortcomings in the management of funds allocated for state exams. While the IGF seeks transparency, the ministry struggles to provide accountability, calling into question governance and integrity. A conciliatory proposal was rejected, endangering the credibility of the institutions. To restore people’s trust and protect public funds, it is essential to resolve this dispute quickly and promote fair justice.

“Shock revelations: the IGF reveals irregular expenditure of 1.5 billion USD in public establishments”

The General Inspectorate of Finance has highlighted irregular expenditure of 1.5 billion USD within public establishments. These practices include market expenditures that do not comply with current legislation. The IGF highlighted its crucial role in monitoring public finances and the fight against corruption. Strict measures will be put in place to prevent future financial abuse. This action demonstrates the importance of transparency and financial accountability in the management of public funds for the common good.

Diri and Ewhrudjakpo Disqualification Case: The Judicial Standoff in Bayelsa

A recent article highlights a disqualification case involving Governor Diri and his deputy Ewhrudjakpo, in Bayelsa State. A petition filed seeks withdrawal of their names as PDP candidates for an upcoming election. The PDP responded by filing a preliminary objection. This case raises questions about the electability of political candidates and the integrity of the electoral process. Stay tuned for further information on this ongoing case.

“Burna Boy’s Sizzling Performance at the Spill Gate Festival: An Unforgettable Show in the Bahamas!”

Burna Boy set the Spill Gate Festival in the Bahamas on fire with his hit singles, captivating thousands of fans. Her memorable performance was praised by social media and even caught the attention of Nicki Minaj for a possible remix. As a Grammy winner and the first African artist to perform live at the ceremony, Burna Boy continues to dazzle crowds and push the boundaries of musical creativity. An essential artist to follow to experience unforgettable musical moments.

“Towards a major strengthening of the Congolese National Police: the inauguration of the PNC Training Center in Kalemie”

The Vice-Governor of the province of Tanganyika, Ferdinand Massamba wa Massamba, launched work to extend the Congolese National Police Training Center in Kalemie. This project, funded by the Japan Cooperation Agency, aims to strengthen the capacities of local police by providing modern infrastructure for training law enforcement officers. The initiative demonstrates the commitment of provincial authorities to professionalize and develop the Police to guarantee the security of citizens.

“Creation of a commission to develop the internal regulations of the National Assembly: towards a strengthened democracy in the Democratic Republic of Congo”

An important process was initiated in the National Assembly on February 19, 2024, with the creation of a commission responsible for developing the internal regulations of the Parliamentary Chamber. Made up of 78 members appointed by the provinces, this commission will have to work intensively to propose a draft regulation that is coherent and consistent with the Constitution. This initiative demonstrates the commitment of deputies to establish clear rules to guarantee the proper functioning of the institution and strengthen democracy in the country.

“Towards food self-sufficiency: government initiatives to reduce agricultural imports”

The Ministry of Agriculture, led by José Panda, is implementing initiatives to reduce agricultural imports in the Democratic Republic of Congo. Concrete measures such as the creation of washing centers, installation of refrigeration equipment and construction of local markets have been taken to support local farmers. Tractors and other agricultural equipment were provided using government funds to boost local agriculture and reduce dependence on imports. These actions reflect the government’s commitment to promoting food self-sufficiency and improving the living conditions of Congolese farmers.