The Democratic Republic of Congo is yet to pay the $14 million it owes to the East African Community in contributions, despite indications during Friday’s sitting of the East African Legislative Assembly about the payment of these arrears. Only half of the EAC’s $103 million budget for the 2023/24 financial year had been paid by…...
Trending
- Cameroon: “Absence of an agreement with the IMF increases the country’s risk of over-indebtedness”
- Ghana: Central bank incurs $1.7 billion in losses on gold purchases in 2025
- Chad: Nearly 125 million USD from Afreximbank to develop infrastructure and trade
- Guinea: Nimba Mining Company obtains its mining agreement
- Tunisia: Inflation slows to 5.1% in July 2026
- Namibia: $250 million targeted to accelerate green industrialization
- Aliko Dangote and Canadian Prime Minister Mark Carney discuss strengthening trade between Canada and Africa
- Rwanda: Households, Future Solar Electricity Suppliers
DRC is an EAC debt deadbeat amdist rumours of exit
Félix Tshisekedi, president of DRC
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com