breaking news
DRC: retrocession to provinces, $ 231 million transferred to end of April 2019

The Congolese National Executive has transferred a total of US $ 231 million to the DRC’s 26 provinces and decentralized territorial entities. This money was put at their disposal to finance investment, remuneration and operation.
According to the official DPSB figures, this amount represents 403,851,458,250 (four hundred and three billion, eight hundred and fifty-one million, four hundred and fifty-eight thousand, two hundred and fifty) CDF against linear forecasts of 752,365 801,114 (seven hundred and fifty-two billion, three hundred and sixty-five million, eight hundred and one thousand, one hundred and fourteen) CDF. Which gives an execution rate of nearly 54%.
The breakdown of this money indicates that the city of Kinshasa province received 114,871,348,056 (one hundred and fourteen billion, eight hundred and seventy-one million, three hundred and forty-eight thousand and fifty-six) CDF, or 65, 75 retrocession against linear forecasts of 127,013,457,755 (one hundred and twenty-seven billion, thirteen million, four hundred and fifty-seven thousand, seven hundred and fifty-five) CDFs.
It is followed by the province of Kwilu, which received 52,224,953,986 (fifty-two billion, two hundred and twenty-four million, nine hundred and fifty-three thousand, nine hundred and eighty-six) CDFs, USD 29.89 million versus the straight line forecast of 34 987 294 059 (thirty-four billion, nine hundred and eighty seven million, two hundred and ninety-four thousand, fifty-nine) of CDFs, or USD 20 million .
While the Mongala Province closes the round for receiving the smallest share of 1,566,687,619 (one billion, five hundred and sixty-six million, six hundred and eighty-seven thousand, six hundred and nineteen) CDF, ie 896,787.41 (eight hundred and ninety-six thousand, seven hundred and eighty-seven, forty-one cents) USD, against the linear forecasts of 14,338,496,147 (fourteen billion, three hundred and thirty-eight) million, four hundred and ninety-six thousand, one hundred and forty-seven) CDF, or USD 8.20 million.
Moreover, it should be noted that the transfer of these funds to the provinces and ETD was done with a distribution key indicating a precise pre-assignment.
According to this, pay is the lion’s share with 89.1%. They are hit by operating costs, which represent 49.4%. While investments are only 0.2%.
Agnes KAYEMBE
Africa
DRC : Tenders for tailings storage works at MMG Kinsevere

PUBLIC NOTICE – MMG Kinsevere SARL hereby announces to the public within the Democratic Republic of Congo that the following tenders are currently being prepared and finalised for future works to be undertaken at the Kinsevere Mine site.
Africa
DRC: Launch of Tender for Laboratory Services At MMG Kinsevere

MMG Kinsevere SARL hereby announces to the public the launch of the tender for Laboratory Services for Mining and exploration.
All intertested and qualifying entities need to submit their respective company files as per the below list of requirements detailing their expression of interest for the above tender by no later than 10 March 2021.
breaking news
DRC: Launch of tender for exploration drilling at MMG Kinsevere

PUBLIC NOTICE – MMG Kinsevere SARL hereby announces to the public within the Democratic Republic of Congo the launch of the of tender for Exploration Drilling
All interested and qualifying entities need to submit their respective company files as per the below list of requirements detailing their expression of interest for the above tender by no later than 03rd of March 2021.
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