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BANKING AND FINANCE
CAMEROON Banks 16/07/2021

Albert Kouinche, deprived of Victor Fotso and battling Orange Money, fights for his group's survival 

The founder of the Express Union money transfer service, Albert Kouinche, whom billionaire and fellow Bandjoun native Victor Fotso kept under his wing for many years, has been badly hit by competition from mobile money services. Kouinche, an MP from the ruling CPDM party, is being kept afloat by state contracts and is trying to diversify into the hotel business. [...]

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Democratic Republic of Congo military personnel (FARDC) patrol against the Allied Democratic Forces (ADF) and the National Army for the Liberation of Uganda (NALU) rebels near Beni in North-Kivu province, December 31, 2013.
Democratic Republic of Congo military personnel (FARDC) patrol against the Allied Democratic Forces (ADF) and the National Army for the Liberation of Uganda (NALU) rebels near Beni in North-Kivu province, December 31, 2013. © Kenny Katombe/Reuters
Focus DRC UNITED STATES Investments funds 05/07/2021

Texas investment firm Bridgeway plays humanitarian privateer for the State Department in DRC 

Texan financier and committed Christian John Montgomery devotes part of his investment company Bridgeway's profits to hunting down and forcing surrender on members of the Allied Democratic Forces, an armed group active on the border between the DRC and Uganda aligned to the Islamic State. [...]

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