Under pressure from the IMF, which for the past 18 months has been blocking the second tranche of the $448.6m loan it approved in 2019, Congo is trying to revive talks with traders who have extended oil-backed loans to the country. Having long been advised by banks, the country is now going it alone. [...]
As Cécé Noramou, technical advisor to Guinea's ministry of mines, awaits his imminent retirement, he is finalising a project to decide upon the best approach for relocating, resettling, and compensating people affected by mining projects. He is also setting up his own consulting firm. [...]
The Congolese state has chosen French lawyers Thierry Lauriol of law firm Jeantet and Kevin Grossmann to represent it in its dispute with the two mining companies, which are seeking compensation after having been deprived of their iron ore mining permits. [...]