Africa > Central Africa > Congo Kinshasa > Banking / Investment

Banking / Investment in Congo Kinshasa

  • Africa's last international banks make their stand

    BOTSWANA, 2017/10/31 On June 1, 2017, Barclays sold a 33.7% stake in its African business, Barclays Africa Group Limited (BAGL). The transaction reduced the UK lender’s stake in its African offshoot to 14.9% and permitted, in accounting terms, the deconsolidation of BAGL from its parent. Additional symbolically, it brought to an end Barclays’ operations on the continent next additional than 100 years. The rise of Africa’s home-grown financial players has led most international lenders to withdraw from the continent. However, Société Générale and Standard Chartered are not only staying put but marking territory for digital expansion. James King reports.
  • Why governments need to support the financial sector to meet the unserved needs of smallholder farmers

    BOTSWANA, 2017/09/09 This year, under the leadership of H.E. President Alassane Ouattara and the theme of “Accelerating Africa’s Path to Prosperity: Growing Inclusive Economies and Jobs through Agriculture”, the African Green Revolution Forum (AGRF) 2017 is shaping up as a premier platform to showcase ongoing evolution in Africa’s agricultural transformation schedule and to scale up the political, policy, and financial commitments needed to achieve the Malabo Declaration and the world development schedule around the Sustainable Development Goals (SDGs). Following the launch of the landmark annual Africa Agriculture Status Statement (ASSR) at the AGRF taking place in Cote d’Ivoire from 4-8 September 2017, the major conclusion centres around the power of entrepreneurs and the free market in driving Africa’s economic increase from food production. This is owing to the fact that a lot of businesses are waking up to opportunities of a rapidly growing food market in Africa that may be worth additional than $1 trillion each year by 2030 to substitute imports with high price food made in Africa.
  • Investor uncertainty around president’s power play in DRC

    CONGO KINSHASA, 2015/12/18 With elections for a new president due in less than a year, the attempts of president Joseph Kabila to extend his term limit are aggravating perceptions of political risks in the Democratic Republic of Congo (DRC). Mining companies and other foreign investors are watching closely - and nervously. Despite marked improvements in governance and political stability over the completed few years, the Congo has from presently on to see a peaceful transfer of power since independence from Belgium in 1960. Throughout 2015, Kinshasa, the capital, and other Congolese cities have been rocked by deadly protests next Mr Kabila tried to alter the country’s constitution in order to run for a third term. His opponents accuse him of attempting a constitutional coup.