27/09/2023
Tony Kanku…. 2nd from the right?
DRC: Eddy Kioni and Buenessa assisted by Delphos, for the construction of cobalt, copper and lithium refining plants and integrating the battery chain
September 27, 2023
Kiki Kienge
It was during the Global Africa Business Initiative (GABI), held during the week of the United Nations General Assembly 2023 (UNGA 78) in New York, United States, that the announcement was officially revealed.
In the presence of His Excellency Félix Tshisekedi Tshilombo, President of the Democratic Republic of Congo, accompanied by some of his advisors and the President of the International Council of Delphos International Ltd, Ambassador Roya Rahmani.
Eddy Kioni's Buenassa SARL group had announced the support of the financial consulting company, Delphos International Ltd, to help the Congolese group raise funds of at least US$350 million, for the first phase of the project to produce copper cathodes and cobalt hydroxide from the artisanal sector first, which would later be followed by a project to produce lithium sulfate on Congolese soil.
"As a company with nearly four decades of experience, not only success but also good work, Delphos is committed to helping and supporting the DRC's vision of facilitating and promoting the value chain for the good and promoting its dedication to responsible finance and sustainable development, in particular while respecting environmental and social standards that also raise the communities in which they are integrated," said Ambassador Roya Rahmani.
The US$350 million project will be developed by the Congolese private company, Buenassa Sarl in collaboration with the Gécamines subsidiary, which is expected to exploit cobalt and artisanal copper, the Entreprise Générale du Cobalt (EGC). A project that has the support and blessing of the Congolese Head of State, Félix Tshisekedi.
This initiative of Buenassa SARL, which is part of the vision of the authorities of the Lumumba country, to allow the Congolese to be able to control in the long term the entire production chain of its minerals and not only, from investment, production, processing, to the sale of the final product.
Two Congolese stand out in the management of the Buenassa SARL group and who would be the basis of strategies in the adventure of artisanal cobalt and copper, lithium and the battery chain.
Eddy B.K. Kioni, a multi-entrepreneur with experience in managing government companies in sectors as diverse as agriculture, energy and air transport, and a passionate advocate of climate action, the energy transition, the digital economy and the transition of the Democratic Republic of the Congo to a more advanced economy.
After discovering the critical artisanal mining industry in Lualaba province, he decided, supported by an experienced international team, to help the Congolese government develop its national mining industry by developing local mineral recovery programs and helping to obtain as much local value as possible with a significant social and community impact in mind.
Eddy Kioni
Buenessa Portal.
Yves Kabongo is the raw materials trading manager of Buenessa and in particular a member of the board of directors of TANTALEX, a group already present in the territory of Manono, which would already have permits for the exploitation of lithium and other minerals.
Yves Kabongo
Kabongo has a strong experience in the direction and management of Canadian, international and Congolese public companies. In 2015, he co-founded Belair African Metals Sarl, a commodity trading company in the DRC focused on 3T (tin, tantalum and tungsten), which was then sold in 2017 to the publicly traded company Cobalt Blockchain Inc. (TSXV: COBC) where Yves was Managing Director-DRC until December 2020.
Tantalex portal.
BUENASSA SARL
Buenassa is a young company based in the Democratic Republic of the Congo that aims to ensure the most integrated possible coverage of the supply chain of critical and strategic minerals (Copper and cobalt), from extraction to export, highlighting the responsible practices of the Climate Smart Mining initiative and ensuring traceability using Blockchain technology throughout the process.
Buenassa also develops solutions for financing, processing, recycling and trading while contributing to the implementation of local mineral recovery programs for the development of the national mining industry. Source, the Gazette of the continent.
DELPHOS INTERNATIONAL LTD
Delphos is the definitive source for the organization of innovative financial solutions for companies and development projects.
We specialize in mobilizing long-term capital at competitive prices for companies, fund managers, developers, SMEs, sovereign states and entrepreneurs around the world. Since 1987, we have organized more than $20 billion in development financing to support the efforts of more than 1,200 companies.
We draw on the resources of more than 350 government agencies and multilateral organizations around the world to help our customers achieve their international business goals and have a lasting impact.
In addition to our capital raising efforts, Delphos provides leading transaction consulting and investment/risk management consulting services to government and private sector clients in many sectors. We are licensed advisors to the AfDB, DFC, IDB Invest, IFC, USAID, Ex-Im Bank of the United States, USDA, World Bank Group, leading private equity companies, infrastructure developers and strategic investors, as well as foreign governments and utilities.
Delphos Portal.
Par Kiki Kienge C’est au cours de la Global Africa Business Initiative (GABI), qui s’est tenue lors de la semaine de l’Assemblée Générale des Nations Unies Unies 2023 (AGNU 78)…
kongopress.com