Tanzania, Burundi and the Democratic Republic of the Congo (DRC) on Tuesday entered into an agreement to construct a standard gauge railway connecting the three countries in a move aimed at easing transport.
Content Types: ArticleRegions & Countries: DR CongoIndustries: Hospitality
Accor hospitality group announces the debut of its successful midscale brand Novotel in the Democratic Republic of Congo (DRC). This follows the signing of three properties during the Africa Hotel Investment Forum (AHIF) taking place in Ethiopia this week.
Content Types: ArticleRegions & Countries: DR CongoUSAIndustries: Agribusiness
Kuramo Capital Management, an Africa-focused alternative investment management firm headquartered in New York, has participated in a $17.5 million private placement for Feronia Inc, an agribusiness operating in the Democratic Republic of Congo.
Content Types: ArticleRegions & Countries: DR CongoChinaIndustries: Minerals & Resources
Publicly listed gold mining company Banro Corporation has announced that it has signed definitive agreements with Chinese mining investment fund Resource FinanceWorks in a combined equity private placement, term loan facility and gold streaming transaction related to the publicly-listed firm’s Twangiza mine worth $98.75 million. The transaction, which is subject to customary conditions and regulatory approvals is expected to closed in January...
China's Sinohydro and China Railway Group will finance a $660 million hydroelectric plant in southeastern Democratic Republic of Congo which is being built to reduce the copper-mining region's power deficit.
Boulos & Cooper Pharmaceuticals (BCP), a privately owned Adelaide, South Australia-based developer of novel class antimicrobials, may seek strategic investors to raise funds as it moves towards the next phase of growth, CEO Dr Ramiz Boulos said.