Also to the member who claims "you can't just get a meeting with a countries prime minister!! How long do you think it would take Twiggy to get a meeting with Albo if he new there was hundreds of millions in tax and royalties on the line. If The president is too busy to meet with the MD of AVZ he is surely suffering delusions of grandeur. Enough from me now, have a great Sunday all.
*Speaking of Twiggy, I see where
DRC President Criticizes The Delay Of The Grand Inga project
The Grand Inga project has hit a roadblock despite the signing of a memorandum of understanding in September 2020 with Fortescue Metals Group Ltd. to develop what could be the largest hydroelectric project in the world.
President Felix Tshisekedi expressed his disappointment with the situation during an interview with Bloomberg on January 19th, 2023, at the World Economic Forum in Davos.
He believes that in order to move forward, Fortescue should bring in other investors, particularly from Africa, and potentially scale back their ambitions to accelerate the project’s development.
“We are not on the same wavelength,” said President Felix Tshisekedi.
“We want to create an opportunity that brings together various interests, particularly those of Africa. We are open to all discussions and meetings.”
He added that he met with Fortescue’s President, Andrew Forrest, during his visit to Davos to continue the discussions.
Challenges of the Mega Project
Fortescue Future Industries Ltd. plans to harness the energy from Inga, which could potentially be twice as powerful as China’s Three Gorges project, to produce green hydrogen and green ammonia for the Democratic Republic of Congo.
According to estimates, the Grand Inga project aims to produce 10 million tons of green hydrogen annually.
The project is also expected to create over 100,000 direct jobs and up to 500,000 indirect jobs.
Additionally, a fund called “Inga Fund” will be established, which will receive 5% of the investments made for the Grand Inga project.
The project will also help to bring electricity to rural and peri-urban areas, in line with the Democratic Republic of Congo’s Industrialization Master Plan.
However, the project is currently facing delays due to disagreements within the Presidency and Government, according to sources familiar with the matter.
Despite the support of the Head of State and former Special Adviser Kayembe, Fortescue is reportedly facing various administrative challenges.
copperbeltkatangamining
What then blocks the Grand Inga project?
According to concordant sources close to this file, the blocking would come from the disagreements in the Presidency as well as in the Government. This would be the basis of the slowdown in the execution phase of the studies.
Fortescue is experiencing several administrative difficulties despite the support of the Head of State and Special Adviser Kayembe when he was still on duty.
mediacongo
* I also see where,
The Court of Auditors will soon organize its first hearings to judge mismanagement
The Court of Auditors will, for the first time in its history, soon organize its first hearings to judge mismanagement. The first president of this Court, Djimmy Munganga, said so on Friday January 20 during an open day organized at the Congo River Hotel, for lack of space in his offices.
According to him, his institution has all the means of its policy to carry out its missions.
In a presentation made to civil society, followed by a debate, he explained the missions of his institution, namely judicial control including the judgment of de facto management, judgment of mismanagement and judgment of the accounts of senior public accountants. assignee's of income or expenditure.
Clearly, its mission is to carry out, independently, an ex post external control of the finances of the State and its dismemberments as well as of the bodies, public companies and other entities benefiting from the financial assistance of the State.
It makes a judgment on the regularity of the financial statements and the accounts of public accountants according to a contradictory approach and in accordance with generally recognized standards.
The Court of Auditors contributes through its verification and compliance control missions to the improvement of financial governance and compliance with the principles of accountability.
It submits to the President of the Republic, to Parliament and to the Government a report accompanied by recommendations on the results of its work.
The Court also exercises extra-judicial control in the same way as the IGF.
Without the power to arrest or imprison the alleged culprit of mismanagement, the Court imposes fines on the accused and orders the confiscation of twice his gross annual salary.
*In other News, I see where "The Man with a Plan" is getting impatient when it comes to the Development Program, as
Félix Tshisekedi calls on the Government to accelerate the implementation of the development program for the 145 territories
The President of the Democratic Republic of Congo (DRC) Félix-Antoine Tshisekedi, during the 83rd meeting of the Council of Ministers which he chaired by video conference on Friday January 21, 2023, reminded the members of the Government of his determination to see the people Congolese to note during this year 2023, an acceleration of the implementation of the local development program of the 145 territories of the country.
Based on the promulgation of Ordinance No. 23/003 of January 22, 2023, on the creation, organization and functioning of the institutional framework for the implementation of the monitoring and evaluation of the local development program of the 145 territories, Félix Tshisekedi finds that "nothing should prevent the implementation of this program which will bring a solution to several problems of the Congolese", notes the report of the Council of Ministers made by the spokesman of the Government, Patrick Muyaya.
Insisting on the "priority" nature of this program that he initiated, Félix Tshisekedi urged all the stakeholders, including the executing agencies on the one hand and the Government on the other, "to avoid heaviness and other administrative procedures that negatively impact the implementation of the said programme”.
According to the Council of Ministers, "everything should be put in place by the steering committee to achieve the expected results as soon as possible".
Estimated at 1.6 billion US dollars, the local development program of 145 territories of the country should, among other things, allow the construction and rehabilitation of road, school and health infrastructures.
Food for thought on the Road to Manono
Cheers
Frank