Democratic Republic of Congo: Latest News
Dana Sanchez, 3:04 pm
BitPesa, a bitcoin payments startup that launched in Kenya and expanded in Africa and beyond, announced a $2.5M round of funding. The Series A round is led by Silicon Valley-based industry investor Draper VC, with existing U.S. investors. Series A investors are willing to take on the risk when a new venture is generating revenue but not yet making a profit. BitPesa will use some of the funds to move to Luxembourg. The firm’s goal is to be the largest payment company in the U.K., Europe and Africa.
Peter Pedroncelli, 3:58 am AFKI Original
The 2017 Africa Cup of Nations (AFCON) group stage is now over, with only eight teams left in the competition, and the quarter-finals taking place over the weekend. Saturday and Sunday will see the knockout stages begin, with the final eight teams from around the continent desperate to qualify for the semi-finals in Gabon.
Dana Sanchez, 10:32 am
Faced with an escalating price war at home in India, Bharti Airtel is looking to its African operations to reduce debt. India is one of the most competitive telecom markets in the world. The company lost $91 million in Africa in Q3 of 2016. Airtel has 22.14 percent market share in Nigeria and 34.1 million customers. Market observers in Nigeria say lack of access to foreign exchange for operators, falling revenue per user and customers’ lack of disposable income are hurting telecom operators in the country.
Peter Pedroncelli, 4:57 am AFKI Original
Morocco and the Democratic Republic of Congo have progressed to the quarter-finals of the 2017 Africa Cup of Nations (AFCON) from Group C following their respective victories of defending champions Cote D’Ivoire and Togo. Morocco defeated the Ivorians 1-0 in Oyem on Tuesday night, with a 64th minute long-range curling effort from Rachid Alioui taking all three points for the North Africans.
Bridget Williamson, 3:59 pm
Victoria Falls gets all the attention when it comes to waterfalls in Africa, and deservedly so. It’s not the highest or the widest waterfall in the world, but it’s the biggest — about twice the height of North America’s Niagara Falls and more than twice as wide. Africa has other fabulous waterfalls that many people don’t know about. They’re on the periphery of the beaten path in regions previously overlooked or ignored. Some are hard to reach. They’re among the most underappreciated aspects of Africa’s natural heritage.
Peter Pedroncelli, 7:46 am AFKI Original
Social media is becoming an increasingly popular medium for African soccer players and other professional sportsmen and women to interact with their fans and fellow sports personalities, with Instagram accounts gaining in popularity. At a competition such as the 2017 Africa Cup of Nations (AFCON), fans are even more interested to follow their sporting heroes on social media platforms such as Instagram. Here are 12 African soccer players with Instagram accounts at the 2017 AFCON.
Peter Pedroncelli, 1:17 am AFKI Original
A goal from Asamoah Gyan secured Ghana a 1-0 win over Mali in their second 2017 Africa Cup of Nations Group D match at Stade de Port-Gentil on Saturday evening, thereby earning the Black Stars a quarter-final berth. It was the second win out of two for the Ghanaians, ensuring their top spot on the log with six points, and a definite spot in the last eight as a result.
Dana Sanchez, 11:09 am
ECOWAS is credited with persuading Gambian dictator Yahya Jammeh to give up power. If there’s a lesson to be learned, it’s that it takes some external persuasion to remove a dictator. “Forget Trump,” a commentator said. “We in Africa were watching the Gambia and the drama there as African leadership for once, stood up to a tyrant and insisted he respect the outcome of an election.” This regional intervention represents a paradigm shift in African governance, an exiled Zimbabwean judge said. It’s no longer dictatorship as usual in Africa.
Dana Sanchez, 6:42 pm AFKI Original
Large numbers of Chinese migrants have followed the money to Africa, but no one really knows how many — not even close. Estimates range from 250,000 to 2 million. Experts say informed guesses are anything from speculative to “very problematic.” It’s a problem because inaccurate claims about the Chinese migrant population can contribute to xenophobic election rhetoric and violence, says a migration researcher. In many countries, statistics on migration are incomplete, out of date or nonexistent. “Statistics are political,” a stakeholder said. The data may be out of date but it’s the only data we’ve got.
Peter Pedroncelli, 4:17 am AFKI Original
The 2017 Africa Cup of Nations (AFCON) continued on Monday night with two more fixtures in Group C between Cote D’Ivoire and Togo, as well as Congo DR and Morocco. Defending champions Cote D’Ivoire struggled to break down a stubborn Togo side in the earlier match, and things ended in a goalless stalemate in the highly anticipated West African battle at the Stade d’Oyem.
- Real Estate