- published: 22 May 2014
- views: 59364
http://www.ifc.org/financialinclusionafrica - Banks generally consider poor customers too risky and too expensive to serve. Employing an innovative business model of agent banking and biometric technology, micro-finance bank FINCA is bringing formal financial services to the poor in the Democratic Republic of Congo. Even low income people now have a safe place to save money, earn interest and manage economic decisions.
Over the past 130 years, Congo has exhibited many elements of violent kleptocracy, a system of state capture in which ruling networks and commercial partners hijack governing institutions and maintain impunity for the purpose of resource extraction and for the security of the regime. Ruling networks utilize varying levels of violence to maintain power and repress dissenting voices. This system plays out today with the current regime’s attempt to subvert a democratic transition, as President Joseph Kabila and his associates profit from grand corruption and are trying by all means necessary to hold on to power. The report, based on field and historic research, reveals seven pillars of violent kleptocracy manifest in the government of Congo, including letting security forces pay themselves an...
“La Sape” is a unique movement based in Congo that unites fashion-conscious men who are ready to splurge money they don’t really have on designer clothes. Dressing in stark contrast with their surroundings, these elegant ambiance-makers become true local celebrities… but this fame comes at a price. The Republic of the Congo in Central Africa can’t boast of high standards of living. Yet, there are men here who are prepared to spend a fortune on designer suits. They call themselves “sapeurs” – members of the “La Sape” movement. “La Sape” comes from French and stands for “The Society of Ambiance-Makers and Elegant People”. For its adherents, it’s all about style and elegance, the right combination of colours and textures, brand-names and the highest quality materials. They derive true joy fr...
Finance Minister of DR Congo tells journalists at the 2011 Annual Meetings of the World Bank-IMF in Washington, DC, that DR Congo' will post GDP growth of 6.8 percent in 2011, down slightly from 7.2 percent in 2010 and looks to regional investments in agriculture, agribusiness, energy and other infrastructure projects to create jobs, stem inequalities, and tackle regional challenges. As chair of the Caucus of African Finance Ministers and central bank governors, he also calls on IMF reform to expand representation on the Fund's Board to a third African executive director.
From the author of the phenomenal New York Times bestseller, Confessions of an Economic Hit Man, comes an exposé of international corruption, and an inspired plan to turn the tide for future generations With a presidential election around the corner, questions of America's military buildup, environmental impact, and foreign policy are on everyone's mind. Former Economic Hit Man John Perkins goes behind the scenes of the current geopolitical crisis and offers bold solutions to our most pressing problems. Drawing on interviews with other EHMs, jackals, CIA operatives, reporters, businessmen, and activists, Perkins reveals the secret history of events that have created the current American Empire, including: How the defeats in Vietnam and Iraq have benefited big business The role ...
@Flotus Michelle Obama, Brexit, Twin Towers, Lord Alfred Tennyson, #PearlHarbor75, @IvankaTrump, Israel’s Settlements, Resolution 2334, Trump, @netanyahu, Israeli penetration, @AmbShapiro Ben Rhodes, Donald Trump’s rhetoric, President Assad, Russian Investigation, Saudi Royal Family, Vladimir Putin, Dollar, Euro, Japan Yen, Pound, Gold, Crude Oil, #Arctic sea-ice, Congo President Denis Sassou, Election laws, Fitch, Kenya Shilling.
(www.abndigital.com) From the land of a thousand hills, we bring you "Doing Business in Rwanda", a monthly show focusing on sectorial growth and development in one of Africa's emerging markets. Kicking off this 24 episode series is an overview of Rwanda's reforms towards growth and why the country is considered one of the most attractive investment destinations. Surrounded by Uganda, Tanzania, Burundi and the Democratic Republic of Congo, this jewel of Africa is hard at work rebuilding its social and economic landscape. ABN's Loise Wachira explores the country's transformation.
Pastor Jarid McCool and 9th grader Trevin Rose are going to the D.R. Congo this October 2015. They are looking for some financial and prayer support as they head to Africa to meet with missionaries and train up pastors in Christ. Expenses are covered once there, but they need money for the plane tickets and visas. Please consider supporting them in this calling. You can mail a check to: Burley First Christian Church P.O. Box 1244 Burley, ID 83318 or visit the GoFundMe page: http://www.gofundme.com/xherks