- published: 02 Mar 2017
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We partner with our clients, across sectors and markets, to make progress real. At Standard Bank, we value the opportunity to meet treasurers and finance professionals operating in Africa to unlock the potential of this dynamic region
Child labor, environmental pollution, human rights abuses and bloody conflicts: this is the global gold trade. What are lawmakers doing to protect children? Gold as a raw material is more in demand than ever. But few people bother to think about conditions in the gold mining industry. We visit Ghana, the Philippines and the Democratic Republic of the Congo, where conditions are often life-threatening. Conditions in small-scale mining operations are especially bad. Children as young as 7 are put to work underground and underwater, and are exposed to high doses of mercury. Bloody conflicts are fought in pursuit of minerals such as gold and coltan. Rebel groups in the Democratic Republic of the Congo, for example, use the illegal gold trade to finance their war. In June 2016, the EU agree...
A brief tops 20 tips on travelling to Drc Congo
A conversation with: Ms. Holly Dranginis Senior Policy Analyst Enough Project Mr. Yaya J. Fanusie Director of Analysis, Center on Sanctions and Illicit Finance Foundation for Defense of Democracies Mr. J.R. Mailey Senior Policy Analyst for Illicit Finance and Conflict Enough Project Moderated by: Dr. J. Peter Pham Vice President for Research and Regional Initiatives; Director, Africa Center Atlantic Council Welcome and Introductory Remarks by: Mr. John Prendergast Founding Director Enough Project The Democratic Republic of the Congo is facing another turning point in history. From President Joseph Kabila’s continued attempts to hold onto power long after the constitutionally-mandated end of his term in December 2016, to the repression of media and freedom of expression, to incre...
The Grand Inga is the world's largest hydropower scheme, set to be built on the Congo River in the DRC. It's one of the priority projects in the Programme for Infrastructure Development in Africa, PIDA. The DRC government has announced it wants to sell shares to anyone on the continent interested in owning the dam in return for the 80 billion dollars needed to build it. CCTV's Girum Chala is at a PIDA conference in Abidjan, where the DRC made this announcement.
For more stories visit http://www.enca.com/ May 21 - Construction on the world's biggest hydroelectric dam will begin in two year's time. The Grand Inga dam will be built on the Congo River in the DRC. Despite its 80 billion US Dollar price tag, the project has a massive social, economic and environmental impact.
Mobile banking is changing the way people manage money in the Democratic Republic of Congo. In just over a year, the number of bank accounts has risen from under 1.5 million to over 4.2 million thanks to the mobile phone. The country says it will start paying its civil servants exclusively through mobile phones, as the system is seen as safe, fast and free from corruption.
The same banks used by kleptocratic governments to divert state assets can also be used by terrorist financing networks. This is what has taken place at one prominent bank in the Democratic Republic of the Congo (DRC). Learn more about The Sentry's investigation and its groundbreaking findings in the report, "The Terorrists' Treasury," at TheSentry.org.
One area where Nigeria is doing well is in the recovery of looted funds.The government has received more than 320-million dollars allegedly stolen by former president Sani Abacha. The Finance Ministry says the money has been deposited in a special account in the central bank. CGTN's Kelechi Emekalam has more Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Public Eye has investigated some very lucrative contracts that relate to Gunvor’s business in the Republic of Congo. It is a story emblematic of problems that plague the trading sector. Gunvor’s adventures in Congo show us once more the need for regulation of the trading sector. Andreas Missbach, Head of Commodities and a member of the Governing Board at Public Eye, explains why Switzerland should take action. A story in six acts: http://gunvorincongo.publiceye.ch
In 2014 the Belgian NGO VECO started an ambitious program to develop the coffee sector in the Eastern provinces of DRC. This project is sponsored by the International Coffee Organization (ICO) and being financed by the Common Fund for Commodities, an intergovernmental financial institution established within the framework of the United Nation, headquartered in Amsterdam, The Netherlands. Other co-financing comes from the Belgian Development Cooperation and Cordaid. More info: www.vecordcongo.org (French) or www.veco-ngo.org
Family farmers in the East of the Democratic Republic of Congo, with the support of the Belgian NGO VECO, have launched an ambitious program to revive the Arabica coffee value chain, and the first encouraging results can already be clearly seen... This project is sponsored by the International Coffee Organization and being financed by the Common Fund for Commodities, and intergovernemental financial institution established within the framework of the United Nations, headquartered in Amsterdam, the Netherlands, with a co-financing contribution from the OPEC fund for International Development, based in Vienna, Austria. Ohter co-funders of the project are CORDAID and DGD (Belgian Cooperation). More information: www.vecordcongo.org (French) or www.veco-ngo.org
Fungamwaka - a mine in the east of Congo. These men work so that we can make telephone calls. They are mining coltan, which is indispensable for the production of mobile phones. The Democratic Republic of Congo is the world’s second-largest supplier of this rare mineral. Fungamwaka is a model mine. There is no child labour, state controls are carried out, taxes are paid. Those in charge of the mine operate legally. And above all there are no militia groups who finance themselves by smuggling resources. The long civil war is the biggest problem in east Congo - funded by the resource wealth in the ground. Ninety percent of the mines are managed by small-scale miners in remote border areas - an El Dorado for rebel groups who demand a share of the yield and sell it the global market via n...
In 2012, Swiss Television revealed that Gunvor’s headquarters in Geneva had been searched by the police. The reason? Allegations of corruption and bribery in a major oil deal with the Republic of Congo. How did Gunvor react? Géraldine Viret, Head of Public Eye's media, analyses Gunvor's communication strategy. A story in six acts: http://gunvorincongo.publiceye.ch
Want to help keep CrashCourse going? Consider becoming a Patron and help us keep making awesome content for such awesome people. SUBBABLE SUBSCRIBERS READ FURTHER ↓ https://www.patreon.com/crashcourse In which John Green teaches you about the Vereenigde Oostindische Compagnie, doing business as the VOC, also known as the Dutch East India Company. In the 16th and 17th centuries, the Dutch managed to dominate world trade, and they did all through the pioneering use of corporations and finance. Well, they did also use some traditional methods like violently enforced monopolies, unfair trade agreements, and plain old warfare. You'll learn how the Dutch invented stuff like joint stock corporations, maritime insurance, and futures trading. Basically, how the Dutch East India Company crashed th...
In the DRC, according to the United Nations, nearly 5,000 people are being forced from their homes every day. The internal displacement is due primarily to a continuing conflict between tribal groups and government troops in the Central Kasai region. The situation has left millions without access to food and water. VOA's Kevin Enochs reports.
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, S...
This is a story produced for The Real Estate Council, a trade association and non-profit in Dallas. TREC supports many causes. This story focuses on a group called bcWorkshop. BC is an amazing group that is dedicated to rebuilding America. One of their first projects is Congo Street in south Dallas. It's a street that put the decay in urban decay. But with the help of TREC, bcWorkshop and residents who love their street Congo Street has a fighting chance.
DR Congo is experiencing an economic crisis, the World Bank (WB) has warned in its 4th report on the monitoring of the economic and financial situation of the country presented on Tuesday in Kinshasa. Among the main indicators of this crisis, the World Bank cites the revision of the rate of growth of the DRC from a high of 7% to the current average growth of 2.5%. "This growth when compared to the population growth of the DRC, which is almost 3%, means we are now getting a per capita growth ra… READ MORE : http://www.africanews.com/2017/02/02/world-bank-warns-dr-congo-is-facing-enduring-economic-crisis Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/afr...
The Annual Global Development Finance Conference is sitting in Cape Town this week. The Conference brings together researchers, academics, commercial and central banks and many other international development institutions. They focus on areas like Social Development; Investments, Infrastructure and many more. Professor Nicholas Biekpe is the President of the Africagrowth Institute & Professor of Development Finance & Econometrics at the UCT Business School and joins us in our Sea Point studio.