DRC

Respected US Institute of Peace expert, Tom Sheehy, discusses the complex issues surrounding critical minerals in Africa, including the role of China and the need for responsible mining practices. In the shadows of the African mining sector, a complex web of great power competition, security concerns, and conflicting interests unfolds. Amidst this backdrop, the fate of critical minerals hangs in the balance, shaping not only the continent’s development but also the delicate balance of geopolitical power. In an…

Nigerian fintech Interswitch is in discussions with Kenya’s Equity Bank about following the lender into the Democratic Republic of Congo (DRC), managing director Mitchell Elegbe tells The Africa Report. Discussions about following the bank into the DRC are at an “early stage”, Elegbe says. Equity Bank operates in the DRC as Equity BCDC, the country’s second-largest bank by assets. The bank and Interswitch in June announced a partnership that will give Equity access to banking services at some 650…