AVZ Discussion 2022

Remark

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I'm not sure if this was posted earlier, apologies if so.
 
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Bin59

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Wow - 15 ministers Going Going … GONE!!!

 
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Frank

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Anthony Blinken received by Felix Tshisekedi

View attachment 13762

The American Secretary of State Anthony Blinken exchanged this Tuesday, August 09 at the Presidential Palace of Mont Ngaliema with the Head of State Félix Antoine Tshisekedi Tshilombo.

The two personalities discussed in French, for nearly an hour, on several issues, before extending the exchanges into an enlarged bilateral meeting.

According to the presidential press, the Head of State Tshisekedi was surrounded by Deputy Prime Ministers Christophe Lutundula of Foreign Affairs and Eve Bazaiba of the Environment, but also Ministers of Finance, Defense as well as that of Communication and media.

This, like the Special Representative of the Head of State Serge Tshibangu, the Special Advisor to the Head of State in matters of security Jean-Claude Bukasa and the Special Advisors Jean-claude Kabongo and Fortunat Bisielele.

The American part was composed, among others, of the Under-Secretary of State for Economic Growth, Energy and the Environment José Fernandez, the Assistant Secretary of State for African Affairs Molly Phee and the Principal Director of the National Security Council for the Africa Judd Devermond.

The American Secretary of State will give a press briefing to deliver the meaning of the exchanges with the President of the DRC.

A synergy of 17 Congolese and American organizations, pro-democracy movements and personalities sent a letter to the US State Department asking the Secretary of State to focus on elections, repression, corruption and endemic violence in the east of the country.

View attachment 13763

www.mediacongo
*To add,

Under Secretary Fernandez’s Travel to South Africa and the Democratic Republic of the Congo

Under Secretary of State Jose W. Fernandez will travel to South Africa, August 7-8, and the Democratic Republic of the Congo, August 9-10, to join Secretary of State Antony J. Blinken in engaging government officials, business, and members of civil society on our shared objectives of combatting climate change, food insecurity, and global pandemics, and promoting the United States’ support and investment for developing and securing more resilient supply chains, particularly with respect to critical minerals.

The Under Secretary will focus on increased investment in Africa to further job growth, greater economic inclusion, and opportunity for citizens in the United States and across the continent.

In Pretoria, Under Secretary Fernandez will participate in the U.S.-South Africa Strategic Dialogue and co-chair sessions that will explore ways to deepen bilateral cooperation on climate and energy issues and strengthen economic ties to help us work together to address shared global challenges.

These discussions with government officials will emphasize collaboration on regional economic development opportunities, building partnerships for more secure and resilient supply chains, and providing the education and training necessary to combat the climate crisis.

Under Secretary Fernandez will then travel to Kinshasa, where he will meet with the DRC ‘s ministries of mining, finance, and the environment to strengthen bilateral economic ties, improve our common efforts to combat climate change, and bolster critical mineral supply chains, which are essential to the technologies driving the world’s clean energy transition.

The Under Secretary will reinforce our close ties through the U.S.-DRC Privileged Partnership for Peace, Prosperity, and Preservation of the Environment, and further strengthen our relationship on agriculture and food systems and nature conservation.

www.state.gov
 
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CHB

Regular
Wow - 15 ministers Going Going … GONE!!!


Ouch losing 15 ministers is not good.. that's alot of corruption..

Also means things will progress slower and not specifically AVZ related.
 
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JAG

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1660122970502.png
 
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Dopi

Member
Who said anything about a TO from a Chinese company? FYI you won’t be able to vote on any potential sale by AVZ of its Dathcom shares, whether this happens at 100% or a lessor percentage just to let you know.

Fighting to the end and worse case scenarios doesn’t sound what you might say, “commercially strategic”.

If I had a choice in the matter I would see AVZ sell 100% (or continue to hold a 10% free carry) of its ownership of the Roche Dure tenement for say $4B, provide a special dividend to AVZ shareholders of approx $1.20 or more then with balance of funds held by AVZ prove up Carriere de I’Este and just do it all again, and while picking up a couple of other sites either here in Australia or the DRC to diversify.

On the above example I’d expect with AVZ holding approx $500M in the bank, say 10% of Dathcom, 100% of the surrounding Manono leases (already held) and Carriere de I’Este and AVZ power making dollars charging for the electricity to mining sites and town the share price would be approximately 40 cents, maybe more IMO of course. (Or flip this all around and sell Carriere de I’Este for $1B with 100% off take locked in and move forward with Roche Dure with no debt or need to take on equity parters Chinese or otherwise, just a thought)

FYI the Carriere de l’Este Pegmatite, has a mapped length of about 5,500m, and is potentially the largest pegmatite in the Manono Project and potentially the highest grade.

Fight to the death or bitter end, winner take all is good when your back is against the wall, however I believe AVZ is well in front of everything and is gradually winning its bouts with the various corrupt parties it encounters so to that end this is all a game of strategy more like chess then a punch up.

The strategy is to protect, retain or monetise assets to make the most dollars for shareholders, nothing else really matters. If the best outcome for shareholders (immediate and long term) is for some type of TO so be it.

I see a full or partial TO as an absolute win for shareholders (if completed on favourable terms of course.)

Unfortunately, I don’t think there is a high chance of a TO of AVZ’s interests in Dathcom at this time. Although I certainly do hope it happens now and it’s based on a similar outcome / structure to what I described above.

In any event, I would not dismiss the “Opportunity” of a TO so readily when there are Take Overs and there are Take Overs, any outcome that is of great financial benefit and reward to AVZ shareholders is welcome IMO.

As suggested in a previous post, seems this week is turning out to be very interesting indeed.

Regarding coming out of suspension, from what I hear it’s unlikely this week, apparently everything is all sorted in favour of AVZ which is great news, yet there are still various processes and documents to complete / finalise to support coming out of suspension. It all might be completed and written up in the next few days but sounded unlikely. As always, we shall see what the tide brings in tomorrow, and the next day and so on and so on…….

Cheers The Fox 🦊
Hi The Fox,

You write: "apparently everything is all sorted in favour of AVZ which is great news"

What do you mean by everything is all sorted?

Dopi
 
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JAG

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Xerof

Flaming 1967
Ouch losing 15 ministers is not good.. that's alot of corruption..

Also means things will progress slower and not specifically AVZ related.
No reports in mainstream DRC. Does everyone believe a tweet from someone who opened a bird account this month?

I’d like to but where’s the proof?

I hear multiple drums, smoke signals etc but will believe it when AVZ announces

But I am holding my breath, someone tell when to exhale
 
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CHB

Regular
No reports in mainstream DRC. Does everyone believe a tweet from someone who opened a bird account this month?

I’d like to but where’s the proof?

I hear multiple drums, smoke signals etc but will believe it when AVZ announces

But I am holding my breath, someone tell when to exhale
No idea but seems oddly specific.

Also seems like social media has provided more info than any announcement so I'm willing to believe 🤣
 
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Lichione

Regular
No reports in mainstream DRC. Does everyone believe a tweet from someone who opened a bird account this month?

I’d like to but where’s the proof?

I hear multiple drums, smoke signals etc but will believe it when AVZ announces

But I am holding my breath, someone tell when to exhale
I did see a report somewhere talking about 15 ministers reshuffle, eg, disloyalty and incompetence etc.

However tried to find the report just now without luck.
 
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Dazmac66

Regular
This is a section from a story about Lithium markets from ShareCafe titled:
"All (Back) Aboard the Lithium Bullet Train"
You will have to google cos I can't copy the faarking link for the life of me! Anyone thinking of selling AVZ should read every word!

Albemarle now expects the price at which it sells its lithium to jump at least 225% in 2022 and adjusted profit in its lithium division to rise at least 500%.

“We have shifted our lithium contracting strategy to realize greater benefits from these strong market dynamics,” Albemarle CEO Kent Masters said in a statement with the results.

In fact the company says it now expect “significant growth in full-year 2022 results including net sales of $US7.1 – $US7.5 billion,” or twice the 2021 figure.

Adjusted EBITDA for 2022 is now forecast to be three times the 2021 figure in a range of $US3.2 – $US3.5 billion.

Net sales surged 91% to $US1.48 billion in the quarter. Adjusted EBITDA was $US610.2 million up a huge $US415.6 million from the June, 2021 quarter primarily due to higher net sales, partially offset by inflationary cost pressures including natural gas prices in Europe and raw materials. Adjusted profit in the company’s lithium division more than quadrupled.

And in a briefing late last week Masters made it clear it ain’t going to get any better for carmakers.

Masters said the market will remain tight despite efforts to unlock produce more of the metal.

“It’s systemic for a pretty long period of time,” Masters said of the challenge facing the industry. “For seven to eight years it stays pretty tight.”
 
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The Fox

Regular
Hi The Fox,

You write: "apparently everything is all sorted in favour of AVZ which is great news"

What do you mean by everything is all sorted?

Dopi
It means, "apparently all issues have been resolved" I think we all know what the issues have been, so I assume you don't need me to list them.

Cheers The Fox 🦊
 
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Frank

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This is a section from a story about Lithium markets from ShareCafe titled:
"All (Back) Aboard the Lithium Bullet Train"
You will have to google cos I can't copy the faarking link for the life of me! Anyone thinking of selling AVZ should read every word!

Albemarle now expects the price at which it sells its lithium to jump at least 225% in 2022 and adjusted profit in its lithium division to rise at least 500%.

“We have shifted our lithium contracting strategy to realize greater benefits from these strong market dynamics,” Albemarle CEO Kent Masters said in a statement with the results.

In fact the company says it now expect “significant growth in full-year 2022 results including net sales of $US7.1 – $US7.5 billion,” or twice the 2021 figure.

Adjusted EBITDA for 2022 is now forecast to be three times the 2021 figure in a range of $US3.2 – $US3.5 billion.

Net sales surged 91% to $US1.48 billion in the quarter. Adjusted EBITDA was $US610.2 million up a huge $US415.6 million from the June, 2021 quarter primarily due to higher net sales, partially offset by inflationary cost pressures including natural gas prices in Europe and raw materials. Adjusted profit in the company’s lithium division more than quadrupled.

And in a briefing late last week Masters made it clear it ain’t going to get any better for carmakers.

Masters said the market will remain tight despite efforts to unlock produce more of the metal.

“It’s systemic for a pretty long period of time,” Masters said of the challenge facing the industry. “For seven to eight years it stays pretty tight.”
"All (Back) Aboard the Lithium Bullet Train"

You will have to google cos I can't copy the faarking link for the life of me!

1660133859987.png


It's a similar story to the one i posted last night from Stockhead Daz (y)

*To remind,

US producer Albemarle now says the supply crunch is going to be here until 2030.

“It’s systemic for a pretty long period of time,” CEO Kent Masters told the Financial Times.

“For seven to eight years it stays pretty tight.”

Albemarle also expects to be able to increase its production and turn cash flow positive this year, off the back of continued strength in lithium pricing.

No surprise really, considering the IEA reckons we need about 60 more lithium mines by the end of the decade to meet global decarbonisation and electric vehicle goals.

All (Back) Aboard the Lithium Bullet Train


1660134187849.png


www.sharecafe.com.au/2022/08/08/all-back-aboard-the-lithium-bullet-train/

Green Metal Prospects Have NEVer Looked Brighter

1660134486991.png


www.sharecafe.com.au/2022/08/09/green-metal-prospects-have-never-looked-brighter/

EU Keen to Drive ICE Vehicles off the Road

1660134451358.png


www.sharecafe.com.au/2022/07/01/eu-keen-to-drive-ice-vehicles-off-the-road/


The-future-is-Electric.png


Cheers

Frank
 
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The Fox

Regular
Wow - 15 ministers Going Going … GONE!!!


It would be nice to see Cong kicked out of the DRC, wonder how many of these 15 ministers were in his back pocket. Here's a little flashback to 2020. Cheers The Fox 🦊

Simon Cong, Chinese Business Boss In The DRC, Close To Zoé Kabila Mbala Retires From Manono's Lithium Project​

by infocongovirtual October 25, 2020

"Chinexit" or the "desinization" of Congo in progress?

Despite the proven potential of Manono's lithium project, and while an arbitration over the perimeter is still ongoing, one of its long-time shareholders, influential Chinese businessman Simon Cong, has withdrawn. The deposit is located in the stronghold of former President Joseph Kabila's brother. A key intermediary between China and the DRC, Cong Mao Huai, often called Simon Cong, has just withdrawn from a project that will need privileged relations between the two countries to materialize: the Manono lithium deposit in the Congolese province of Tanganyika.

Dathomir Mining Resources, owned by Simon Cong, considered the bridgehead of Chinese business in the DRC, reached an agreement in September to sell its 10% in Manono to the Australian project operator, AVZ Minerals. The completion of the transaction will make the latter the 75% owner of the lithium site compared to 25% for the Congolese public company Cominière.

However, Chinese manufacturers are the world's leading consumers of lithium, this metal being used in the composition of electric batteries whose Xi Jinping regime aims to be the world leader in manufacturing. In addition, AVZ's first shareholders are Chinese companies, Yibin Tianyi Lithium Industry Co and Huayou International Mining (Hong Kong) in particular, although the Australian company has begun negotiations in Europe, the Middle East and South Africa to finance the construction of the mine and then sell its production.

Potential...

The transaction is expected to bring $15 million to Dathomir, although this payment depends on AVZ's ability to find $50 million in funding for Manono. Despite the difficult situation due to the Covid-19 pandemic, the feasibility study published in April by AVZ can make society optimistic about its search for funds. The report indicated that a net value of the project over the twenty years of mine life of just over $1 billion by exploiting a proven reserve of 93 million tons of lithium. The site also contains tin, which is also highly sought after. A profitable operation compared to the A$545.5 million ($386.7 million) to be committed to bring the project into production.

Africa Intelligence
 
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Dazmac66

Regular
"All (Back) Aboard the Lithium Bullet Train"

You will have to google cos I can't copy the faarking link for the life of me!

View attachment 13831

It's a similar story to the one i posted last night from Stockhead Daz (y)

*To remind,

US producer Albemarle now says the supply crunch is going to be here until 2030.

“It’s systemic for a pretty long period of time,” CEO Kent Masters told the Financial Times.

“For seven to eight years it stays pretty tight.”

Albemarle also expects to be able to increase its production and turn cash flow positive this year, off the back of continued strength in lithium pricing.

No surprise really, considering the IEA reckons we need about60 more lithium mines by the end of the decade to meet global decarbonisation and electric vehicle goals.

All (Back) Aboard the Lithium Bullet Train


View attachment 13832

www.sharecafe.com.au/2022/08/08/all-back-aboard-the-lithium-bullet-train/

Green Metal Prospects Have NEVer Looked Brighter

View attachment 13835

www.sharecafe.com.au/2022/08/09/green-metal-prospects-have-never-looked-brighter/

EU Keen to Drive ICE Vehicles off the Road

View attachment 13834

www.sharecafe.com.au/2022/07/01/eu-keen-to-drive-ice-vehicles-off-the-road/


View attachment 13833

Cheers

Frank
Haha thanks mate, you are the undisputed champion of fancy posts - I've got nothing. Amazing story about Albermarle, AVZ will fly when we are back on track. All the ducks are lining up now.
 
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Frank

Top 20
*To add,

Under Secretary Fernandez’s Travel to South Africa and the Democratic Republic of the Congo

Under Secretary of State Jose W. Fernandez will travel to South Africa, August 7-8, and the Democratic Republic of the Congo, August 9-10, to join Secretary of State Antony J. Blinken in engaging government officials, business, and members of civil society on our shared objectives of combatting climate change, food insecurity, and global pandemics, and promoting the United States’ support and investment for developing and securing more resilient supply chains, particularly with respect to critical minerals.

The Under Secretary will focus on increased investment in Africa to further job growth, greater economic inclusion, and opportunity for citizens in the United States and across the continent.

In Pretoria, Under Secretary Fernandez will participate in the U.S.-South Africa Strategic Dialogue and co-chair sessions that will explore ways to deepen bilateral cooperation on climate and energy issues and strengthen economic ties to help us work together to address shared global challenges.

These discussions with government officials will emphasize collaboration on regional economic development opportunities, building partnerships for more secure and resilient supply chains, and providing the education and training necessary to combat the climate crisis.

Under Secretary Fernandez will then travel to Kinshasa, where he will meet with the DRC ‘s ministries of mining, finance, and the environment to strengthen bilateral economic ties, improve our common efforts to combat climate change, and bolster critical mineral supply chains, which are essential to the technologies driving the world’s clean energy transition.

The Under Secretary will reinforce our close ties through the U.S.-DRC Privileged Partnership for Peace, Prosperity, and Preservation of the Environment, and further strengthen our relationship on agriculture and food systems and nature conservation.

www.state.gov

*To add,

Blinken's arrival coincides with US award of $23.75 million for elections

1660134765795.png


It was on Tuesday August 9 that the American Secretary of State Antony Blinken set foot on Congolese soil, coming from South Africa before going to Rwanda.

The arrival in Kinshasa of Antony Blinken coincides with the granting by the United States to the DRC of 23.75 million US dollars in support of the elections.

A press release from the United States Department of State informs that "the United States is providing $23.75 million to support the elections in the DRC, in particular to strengthen transparency and electoral administration, improve civic and electoral education, give people – including women and youth – the means to participate meaningfully in elections and help marginalized communities understand and access political processes.

In July, USAID and the state announced $2 million and $1 million, respectively, to fund international and domestic election observation.”

The statement from the US State Department insists on the holding of transparent, credible and inclusive elections.


In Kinshasa, Antony Blinken defends the territorial integrity of the DRC

1660135206624.png


After his stay in South Africa, Antony Blinken arrived in the DRC on Tuesday August 9 at the end of the afternoon.

The head of American diplomacy exchanged in stride with President Félix Tshisekedi on several subjects including that of the tensions between Kinshasa and Kigali, against the backdrop of the activism of the rebel group M23 in the east of the country.

The two men also spoke at length about the oil blocks recently auctioned by the Congolese government.

Without openly condemning Kigali, which the Congolese government and United Nations experts accuse of supporting the M23, the American Secretary of State shared his country's concerns:

"We are concerned by this United Nations report which indicates that the Rwanda supported the M23.

We call on each party in this region to be able to stop all support for M23, all support for all other non-state armed groups.

Without openly speaking of aggression, he spoke out in favor of the territorial integrity and sovereignty of the DRC and supported the diplomatic efforts deployed by Angola and Kenya for de-escalation between Kinshasa and Kigali:

“We are going to invest in order to protect civilians.

We therefore want to endorse the cooperation that the DRC must carry out with its neighbours. This is what I will point out when I go to see the other leaders of this sub-region”.

The other major subject of the exchanges was the question of oil and gas blocks auctioned by the DRC, some of which are located in sensitive and/or protected areas.

Antony Blinken announced the establishment of a working group that will look into this issue.

“Some of its resources are irreplaceable, that we cannot damage them. On the other hand, we must be reassured that the necessary support can be granted to the DRC to preserve the forests that the country abounds in and to create opportunities for the Congolese population,” he said.

This Wednesday, the American Secretary of State will meet other personalities including members of civil society.


mediacongo

What about the court made to the DRC?
Who returns after having let go, does not set conditions!


Before the 3rd United States / Africa summit scheduled for December 2022, Washington is deploying its various teams on the African ground as if to recall the troops.


With the war in Ukraine - for which it assumes a huge share of responsibility - and the diplomatic crisis with China following Ms. Nancy Pelosi's brief stay in Taiwan, the American administration intends to impose Pax Americana on the world.

The truth is that they are returning to the scene of the "crime of abandonment" perpetrated on several formerly Third World countries, according to the criteria dictated at the time of the Cold War...

Among these countries, one suspects, the Democratic Republic of Congo, neglected from 1990 by its great Western friends, so much so that over the past 30 years, the latter have deliberately limited cooperation to humanitarianism, knowing perfectly well that it has never, but never contributed to the development of a State.


Thus, for three decades, they operated their embassies just for figuration and to dissuade their economic operators from reinvesting or investing in large-scale production, which generates secure jobs and budgetary revenues.

They prescribed to the sick Congo a homeopathic dose treatment leading rather to a slow but sure death than to curing the patient.

At least, among the few countries in the world to have acted like the Good Samaritan of the Bible, we can count India, Japan, China and Australia.

These countries maintained a beneficial cooperation while the Americans, Belgians, French, Germans, etc. left the DRC groggy.

Would they have wanted to punish successive heads of state in this country who refused to obey injunctions? Fake !

Because if his successors at one time or another "rebelled", Felix Tshisekedi showed good dispositions towards them without being encouraged.

It is therefore an irrational option on their part since the States or the regimes are less the officials than the populations.

To declare, to guarantee as a priority the security of the Congolese populations and to deprive them at the same time of the first of the rights, namely productive work, proceeds from both the abnormal and the amoral.

The image that can be taken is that of the bread found on the bedside of a sick person.

Throw it in the trash and condition its replacement on respect for human rights, the electoral process, good governance, etc. while the patient is starving is no more, no less than a crime.

In this case, it is worse when we know that we have abandoned the patient to his fate for thirty years.

This bread resembles the investments made by countries like India, Japan, China, Australia, etc. in hard times for the Congolese while European and American friends not only suspended theirs, but also engaged in acts of disinvestment!

However, the Congolese retain from the Judeo-Christian culture in which they formed the morality which promotes the adage (and wisdom):

"One in your hand is better than two, you will have it".

The Congolese have a sense of gratitude towards those who do him good.


mediacongo


things-that-make-you-go-hmm.jpg
 
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Samus

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Congo arrests opposition leader Kabund​

  • Wednesday, 10 Aug 2022
    12:59 AM MYT
 FILE PHOTO Jean-Marc Kabund secretary general of Congolese main opposition party the Union for Democracy and Social Progress UDPS speaks during a press conference in Kinshasa Democratic Republic of Congo January 8 2019. REUTERSBaz Ratner

FILE PHOTO: Jean-Marc Kabund, secretary general of Congolese main opposition party the Union for Democracy and Social Progress (UDPS) speaks during a press conference in Kinshasa, Democratic Republic of Congo, January 8, 2019. REUTERS/Baz Ratner

KINSHASA (Reuters) - A former right-hand man of Democratic Republic of Congo's president and now opposition leader, Jean-Marc Kabund, was arrested on Tuesday, his lawyer said, during controversy over a remark about his onetime boss.
The former vice president of parliament and current lawmaker had a falling out with President Felix Tshisekedi earlier this year, after which he launched his own political party.


He has been under investigation in recent weeks on charges that authorities have not specified.
His lawyers say he is accused of contempt of the head of state after a speech calling him "a danger".

Kabund's lawyer Henriette Bongwalanga said he was arrested on Tuesday after a hearing at the attorney general's office.
"They did not respect the procedure. Today they came after the hearing and (arrested) him despite his (parliamentary) immunity," she said.
The justice ministry could not be reached for comment and a spokesperson for the government declined to comment.

A police source said Kabund had been taken to Makala Central Prison in Congo's capital Kinshasa.
Kabund was a leading figure behind Tshisekedi's rise to power and their fallout has highlighted emerging fault-lines in the country's leadership. This could spell uncertainty for the future of the ruling Sacred Union coalition as the 2023 presidential election nears, political analysts have said.
In a statement about the proceedings last week, Kabund said the investigation against him was proof that Congolese institutions were being exploited to serve political interests.
"Fighting the Tshisekedi regime is an absolute necessity for me, no matter the price to be paid," he wrote on Twitter.
(Reporting by Stanis Bujakera; Writing by Nellie Peyton; Editing by Andrew Cawthorne)
 
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Bin59

Regular

Congo arrests opposition leader Kabund​

  • Wednesday, 10 Aug 2022
    12:59 AM MYT
 FILE PHOTO Jean-Marc Kabund secretary general of Congolese main opposition party the Union for Democracy and Social Progress UDPS speaks during a press conference in Kinshasa Democratic Republic of Congo January 8 2019. REUTERSBaz Ratner

FILE PHOTO: Jean-Marc Kabund, secretary general of Congolese main opposition party the Union for Democracy and Social Progress (UDPS) speaks during a press conference in Kinshasa, Democratic Republic of Congo, January 8, 2019. REUTERS/Baz Ratner

KINSHASA (Reuters) - A former right-hand man of Democratic Republic of Congo's president and now opposition leader, Jean-Marc Kabund, was arrested on Tuesday, his lawyer said, during controversy over a remark about his onetime boss.
The former vice president of parliament and current lawmaker had a falling out with President Felix Tshisekedi earlier this year, after which he launched his own political party.


He has been under investigation in recent weeks on charges that authorities have not specified.
His lawyers say he is accused of contempt of the head of state after a speech calling him "a danger".

Kabund's lawyer Henriette Bongwalanga said he was arrested on Tuesday after a hearing at the attorney general's office.
"They did not respect the procedure. Today they came after the hearing and (arrested) him despite his (parliamentary) immunity," she said.
The justice ministry could not be reached for comment and a spokesperson for the government declined to comment.

A police source said Kabund had been taken to Makala Central Prison in Congo's capital Kinshasa.
Kabund was a leading figure behind Tshisekedi's rise to power and their fallout has highlighted emerging fault-lines in the country's leadership. This could spell uncertainty for the future of the ruling Sacred Union coalition as the 2023 presidential election nears, political analysts have said.
In a statement about the proceedings last week, Kabund said the investigation against him was proof that Congolese institutions were being exploited to serve political interests.
"Fighting the Tshisekedi regime is an absolute necessity for me, no matter the price to be paid," he wrote on Twitter.
(Reporting by Stanis Bujakera; Writing by Nellie Peyton; Editing by Andrew Cawthorne)
The writing was on the wall … “removing” disloyal Kabund will increase Tshisekedi’s chances of re-election.
 
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Rediah

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*To add,

Blinken's arrival coincides with US award of $23.75 million for elections

View attachment 13837


It was on Tuesday August 9 that the American Secretary of State Antony Blinken set foot on Congolese soil, coming from South Africa before going to Rwanda.

The arrival in Kinshasa of Antony Blinken coincides with the granting by the United States to the DRC of 23.75 million US dollars in support of the elections.

A press release from the United States Department of State informs that "the United States is providing $23.75 million to support the elections in the DRC, in particular to strengthen transparency and electoral administration, improve civic and electoral education, give people – including women and youth – the means to participate meaningfully in elections and help marginalized communities understand and access political processes.

In July, USAID and the state announced $2 million and $1 million, respectively, to fund international and domestic election observation.”

The statement from the US State Department insists on the holding of transparent, credible and inclusive elections.


In Kinshasa, Antony Blinken defends the territorial integrity of the DRC

View attachment 13838

After his stay in South Africa, Antony Blinken arrived in the DRC on Tuesday August 9 at the end of the afternoon.

The head of American diplomacy exchanged in stride with President Félix Tshisekedi on several subjects including that of the tensions between Kinshasa and Kigali, against the backdrop of the activism of the rebel group M23 in the east of the country.

The two men also spoke at length about the oil blocks recently auctioned by the Congolese government.

Without openly condemning Kigali, which the Congolese government and United Nations experts accuse of supporting the M23, the American Secretary of State shared his country's concerns:

"We are concerned by this United Nations report which indicates that the Rwanda supported the M23.

We call on each party in this region to be able to stop all support for M23, all support for all other non-state armed groups.

Without openly speaking of aggression, he spoke out in favor of the territorial integrity and sovereignty of the DRC and supported the diplomatic efforts deployed by Angola and Kenya for de-escalation between Kinshasa and Kigali:

“We are going to invest in order to protect civilians.

We therefore want to endorse the cooperation that the DRC must carry out with its neighbours. This is what I will point out when I go to see the other leaders of this sub-region”.

The other major subject of the exchanges was the question of oil and gas blocks auctioned by the DRC, some of which are located in sensitive and/or protected areas.

Antony Blinken announced the establishment of a working group that will look into this issue.

“Some of its resources are irreplaceable, that we cannot damage them. On the other hand, we must be reassured that the necessary support can be granted to the DRC to preserve the forests that the country abounds in and to create opportunities for the Congolese population,” he said.

This Wednesday, the American Secretary of State will meet other personalities including members of civil society.


mediacongo

What about the court made to the DRC?
Who returns after having let go, does not set conditions!


Before the 3rd United States / Africa summit scheduled for December 2022, Washington is deploying its various teams on the African ground as if to recall the troops.


With the war in Ukraine - for which it assumes a huge share of responsibility - and the diplomatic crisis with China following Ms. Nancy Pelosi's brief stay in Taiwan, the American administration intends to impose Pax Americana on the world.

The truth is that they are returning to the scene of the "crime of abandonment" perpetrated on several formerly Third World countries, according to the criteria dictated at the time of the Cold War...

Among these countries, one suspects, the Democratic Republic of Congo, neglected from 1990 by its great Western friends, so much so that over the past 30 years, the latter have deliberately limited cooperation to humanitarianism, knowing perfectly well that it has never, but never contributed to the development of a State.


Thus, for three decades, they operated their embassies just for figuration and to dissuade their economic operators from reinvesting or investing in large-scale production, which generates secure jobs and budgetary revenues.

They prescribed to the sick Congo a homeopathic dose treatment leading rather to a slow but sure death than to curing the patient.

At least, among the few countries in the world to have acted like the Good Samaritan of the Bible, we can count India, Japan, China and Australia.

These countries maintained a beneficial cooperation while the Americans, Belgians, French, Germans, etc. left the DRC groggy.

Would they have wanted to punish successive heads of state in this country who refused to obey injunctions? Fake !

Because if his successors at one time or another "rebelled", Felix Tshisekedi showed good dispositions towards them without being encouraged.

It is therefore an irrational option on their part since the States or the regimes are less the officials than the populations.

To declare, to guarantee as a priority the security of the Congolese populations and to deprive them at the same time of the first of the rights, namely productive work, proceeds from both the abnormal and the amoral.

The image that can be taken is that of the bread found on the bedside of a sick person.

Throw it in the trash and condition its replacement on respect for human rights, the electoral process, good governance, etc. while the patient is starving is no more, no less than a crime.

In this case, it is worse when we know that we have abandoned the patient to his fate for thirty years.

This bread resembles the investments made by countries like India, Japan, China, Australia, etc. in hard times for the Congolese while European and American friends not only suspended theirs, but also engaged in acts of disinvestment!

However, the Congolese retain from the Judeo-Christian culture in which they formed the morality which promotes the adage (and wisdom):

"One in your hand is better than two, you will have it".

The Congolese have a sense of gratitude towards those who do him good.


mediacongo


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Thats from the official Tweet handle?

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Emerged
Has Avz ever been linked to alphamin resources?
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