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Tag Archives: DRC

EU provides UGX 5.9BN for refugee support

Kampala, Uganda | THE INDEPENDENT | The European Union has provided 5.9 Billion Shillings to the United Nations High Commission for Refugees-UNHCR to support Congolese refugees living in Uganda. In a joint statement released on Friday by the European Union Humanitarian aid department, the funds will facilitate UNHCR to support the …

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South Sudan sends peacekeeping troops to DRC

Juba, South Sudan | Xinhua | South Sudanese President Salva Kiir on Wednesday bid farewell to more than 700 peacekeepers to be deployed in the neighboring Democratic Republic of the Congo (DRC). Kiir told the troops to stick to the mission, maintain discipline and stay away from criminal activities. “I want …

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KCB Bank gets nod to acquire DRC bank

This becomes the second country to enter the mineral rich-nation Kampala, Uganda | THE INDEPENDENT | Regional lender, KCB Group PLC has received a no objection to acquire Trust Merchant Bank SA (TMB) in the Democratic Republic of Congo. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic …

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Kenya’s bank completes acquisition of DRC-based lender

Nairobi, Kenya | Xinhua | Kenya-based regional bank, KCB Group, said on Thursday that it has completed the acquisition of the Democratic Republic of the Congo (DRC)-based Trust Merchant Bank (TMB) after receiving all the regulatory approvals. KCB Group CEO Paul Russo said in a statement issued in the Kenyan capital …

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Ruto, Museveni and Kagame discuss DRC in Washington

Washington, USA | THE INDEPENDENT & XINHUA | East African leaders have continued the discussion on the situation in the  Democratic Republic of the Congo in Washington, where they are all assembled for the USA-Africa Leaders Summit. While the announcement of the 2023 electoral calendar could make a significant contribution to …

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