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Luc Gérard Nyafe: “the Head of State shares the requirements of the Bretton Woods institutions”.

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Luc Gérard Nyafe: "the Head of State shares the requirements of the Bretton Woods institutions".

The President of the Republic, Felix Antoine Tshisekedi, shares the demands of the International Monetary Fund and the World Bank for the improvement of economic and financial governance in the Democratic Republic of Congo.

According to the Head of State’s Goodwill Ambassador, Luc-Gérard Nyafe, this is due to the consideration of these Bretton Woods institutions for the country’s strong political will and clearly defined development vision as well as the implementation of structural reforms.

This message from the DRC has been well received. The IMF and the World Bank reiterated their willingness to support the country in the long term. But they also want the reforms to succeed. The head of state said he wants the Bretton Woods institutions to maintain these requirements to keep the bar high. So there is a convergence of views in this direction. The message sounded right. There is commitment on both sides,” commented Luc – Gérard Nyafe at the microphone of Top Congo FM and Zoom Eco.

Clearly, DR Congo and the Bretton Woods institutions have refreshed their collaboration and are committed to working together for the benefit of the Congolese people as indicated in the political vision of the Head of State.

The FCC-CACH Coalition Government has emergencies that it must deal with with limited resources. In addition to its actions undertaken to mobilize increased domestic revenues, it needs the support of its partners in order to materialize its five-year program to engage the country in the orbit of its socio-economic development.

It is only natural that any strategic partnership with countries and/or international organisations should be used provided that the interests of DR Congo are aligned.

Eric TSHIKUMA

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Dikembe Mutombo, NBA legend, passes away at age 58

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The NBA is mourning the loss of one of its greatest defensive icons. Dikembe Mutombo, the former 7-foot-2 center, passed away at the age of 58 due to a brain cancer, as reported by The Athletic on Monday, September 30.

A defensive record-holder

Born in the Democratic Republic of Congo, Mutombo left an indelible mark on the NBA with his exceptional defensive skills. During his career, he won the Defensive Player of the Year award four times (1995, 1997, 1998, 2001), a record he shares with Ben Wallace and Rudy Gobert. Gobert, in achieving this feat, highlighted the legacy Mutombo left on the game.

 

Drafted in 1991 by the Denver Nuggets, Mutombo went on to play for several notable teams, including the Atlanta Hawks, Philadelphia 76ers, New Jersey Nets, New York Knicks, and finally the Houston Rockets, where he retired in 2009.

 

A life of commitment beyond basketball

 

Although Mutombo never won an NBA championship, with two finals losses (in 2001 with the 76ers and 2003 with the Nets), he was inducted into the Hall of Fame in 2015. Beyond his impressive sports career, he dedicated his life to humanitarian efforts, particularly in Africa. He worked tirelessly to develop basketball across the continent and to help those in need.

NBA Commissioner Adam Silver praised his contributions in a statement: “Dikembe dedicated his life to helping others. He was not only a great player but also a global ambassador for basketball and a humanitarian. His commitment to the community, especially in his native Congo, will be forever remembered.”

Mutombo’s legacy continues to inspire generations of players and humanitarians around the world.

ZoomEco

 

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World: 83% of the non-electrified population live in Africa

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Africa is home to 83% of the world’s non-electrified population. A thundering paradox, given the continent’s immense hydroelectric potential.

The continent faces a shortage of affordable, reliable and sustainable energy. A think tank dedicated to the development of long-term public and energy policies points out that this is holding back the momentum of individuals and companies alike.

According to the experts, the pace of electrification needs to triple in order to absorb this deficit, rethink several economic models, and put Africans on the path to prosperity.

Dynamic project vehicles on the move

The World Bank Group has pledged to connect 250 million people to electricity, while the African Development Bank (AfDB) will do the same for a further 50 million.

The World Bank Group’s investments are already providing the impetus needed to reach the target, illustrated in its ambitious “Mission 300” program.

East Africa

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DRC: Egyptian Ambassador Hesham El Mekwad pays a courtesy visit to ANAPI

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On Thursday September 25, 2024, Bruno Tshibangu Kabaji, Managing Director of the Agence Nationale pour la Promotion des Investissements (ANAPI), and Hesham El Mekwad, the Egyptian ambassador accredited to the Democratic Republic of Congo, exchanged views on investment and trade issues.

The Egyptian diplomat was accompanied by Adham Thabet, development cooperation advisor at the Embassy of the Arab Republic of Egypt.

Discussions between the two personalities focused in particular on the role of ANAPI as the body responsible for supporting investors in the DRC.

While stressing the need to increase economic and commercial cooperation between Egypt and the DRC, the two parties encouraged Egyptian investors to step up their presence in several fields in the DRC, notably energy, transport, infrastructure and agriculture, fisheries and livestock.

With this in mind, the Egyptian Ambassador expressed the wish to establish regular contacts with ANAPI to support this mutual ambition.

Nadine FULA

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