DRC tops revenue charts for Kenyan banks in EAC

By JAMES ANYANZWA The Democratic Republic of Congo (DRC) has overtaken Rwanda as probably the most worthwhile marketplace for subsidiaries of Kenyan banks inside the East African Group (EAC), highlighting the alternatives within the mineral-rich Central African nation. Newest information by the Central Financial institution of Kenya (CBK) exhibits that the pre-tax revenue realised within…

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East Africa: Worsening Safety in DRC Takes Centre Stage At EA Neighborhood Retreat

MINISTERS of Overseas Affairs and East African Neighborhood Affairs have expressed deep concern over the deteriorating peace and safety in Japanese Democratic Republic of Congo (DRC) the place armed conflicts have exacerbated humanitarian crises. The ministers who gathered for a three-day retreat in Zanzibar highlighted the crucial of a political course of because the pathway…

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New EAC member Somalia pays full price range contribution, surpassing DRC and different members

Somalia has paid $7.8 million, its full price range contribution dues for the monetary 12 months 2024/25. Mogadishu beat the Democratic Republic of Congo, which joined the bloc two years in the past and has but to contribute a cent. President Hassan Sheikh Mohamud’s authorities despatched in $7,853,071 final month, simply earlier than the EAC…

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Militia assault kills six Chinese language nationals, DRC troopers

By REUTERS Militia fighters have attacked a Chinese language-linked mining web site in northeastern Democratic Republic of Congo, killing six Chinese language nationals and at the very least two Congolese troopers, native officers mentioned on Thursday. China condemned the assault, which passed off on Wednesday in Djugu territory within the gold-rich Ituri province. Djugu administrator…

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