Prior to finalising the contract to generate 70 GW in the DRC, which includes the Grand Inga mega-dam project, the Australian firm Fortescue is hoping over the summer to agree an amendment to the memorandum of understanding signed with Kinshasa in September 2020.
Breaking news published on 15/09/21 at 10 a.m. - A contract to develop six Grand Inga mega dams seems to be slipping out of the mining giant's hands. Founded by Australian billionaire Andrew Forrest, Fortescue Metals had pledged to invest $80bn.
Star attorney Pascal Agboyibor was abruptly fired by US law firm Orrick in 2019 amid allegations of rape and sexual harassment which are still being investigated by the Paris bar association. The Togolose lawyer, who denies the accusations, has quickly bounced back in DRC, where his own new firm has won lucrative government contracts.
Numerous member states of the African Union have shown interest in taking part in the Grand Inga hydropower project while Congolese president Félix Tshisekedi an arrangement with Australian mining giant Fortescue Metals Group.