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Tag Archives: DRC

KCB Bank gets nod to acquire DRC bank

This becomes the second country to enter the mineral rich-nation Kampala, Uganda | THE INDEPENDENT | Regional lender, KCB Group PLC has received a no objection to acquire Trust Merchant Bank SA (TMB) in the Democratic Republic of Congo. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic …

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Kenya’s bank completes acquisition of DRC-based lender

Nairobi, Kenya | Xinhua | Kenya-based regional bank, KCB Group, said on Thursday that it has completed the acquisition of the Democratic Republic of the Congo (DRC)-based Trust Merchant Bank (TMB) after receiving all the regulatory approvals. KCB Group CEO Paul Russo said in a statement issued in the Kenyan capital …

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Ruto, Museveni and Kagame discuss DRC in Washington

Washington, USA | THE INDEPENDENT & XINHUA | East African leaders have continued the discussion on the situation in the  Democratic Republic of the Congo in Washington, where they are all assembled for the USA-Africa Leaders Summit. While the announcement of the 2023 electoral calendar could make a significant contribution to …

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M23 kills 131 civilians in eastern DRC: UN

United Nations | Xinhua | In the eastern Democratic Republic of the Congo (DRC) last week, M23 rebels killed at least 131 civilians, including 17 women and 12 children, a UN spokesman said on Thursday. “An additional 8 people were shot and wounded, 60 people were abducted and at least 22 …

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Museveni blames insecurity in Eastern DRC on illegal guns

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has blamed the insecurity in the Eastern Democratic Republic of Congo (DRC), on the prevalence of illegal firearms that have been circulating in the country since independence. He made these remarks on Monday while addressing the East African Community (EAC) leaders virtually …

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