Debt recovery specialist FG Hemisphere Associates maintains pressure on DRC
The New York-based debt recovery firm FG Hemisphere Associates is resuming its legal crusade to make the DRC pay a debt accumulated from amounts owed thirty years ago.
Félix Tshisekedi is currently negotiating the rescheduling of a $57m loan from Taiwan's Exim-Bank which dates back to the Mobutu era. The problem is that until very recently the Congolese government thought it was negotiating with China, the country's biggest donor, rather than Taiwan.
In contrast to his predecessor Joseph Kabila, who cut military and intelligence ties with the West, Félix Tshisekedi has reopened channels of cooperation on security with Paris, Brussels and Washington to soften the impact of the imminent withdrawal of the [.
As the Dodd-Frank Act row heats up in the United States (AMI 421), insecurity in eastern Congo-K is making it extremely difficult to enforce the law introduced to provide traceability within mineral supply chains. In 2017, American President Donald Trump [.