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Rawbank
Rawbank is a regulated financial institution based in the Democratic Republic of the Congo (DRC). The bank was created on 2 May 2002, and has grown to become the DRC's largest universal bank with total assets of US$4.9 billion as of December 2023. As of 2022, the bank had over 1,800 employees, and serviced over 500,000 corporate, SME, and retail clients through its network of 110 branches, 500+ ATM's, as well as its digital banking platforms and applications. History Rawbank was launched in 2002 by the Rawji family, which have a diversified set of business interests in the Democratic Rep. of Congo, that is commonly called Rawji Group. The family traces its roots in the DRC since 1902, and is owned by the Rawji brothers, namely Mushtaque, Zahir, Mazhar, Aslam and Murtaza. The history of the Rawji group begins at the beginning of the 20th century, when Merali Rawji (father of the Mushtaque siblings) settled in Kindu, then in Kalemie and later in Kisangani, in the eastern part o ...
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List Of Banks In The Democratic Republic Of The Congo
This is a list of commercial banks in the Democratic Republic of the Congo, as of 31 March 2020. Banks # Equity Banque Commerciale du Congo (Equity BCDC): Majority owned by Equity Group Holdings Limited # International Bank for Africa in Congo ( French: "Banque Internationale pour l'Afrique au Congo") (BIAC) # FBN Bank DRC SA, a subsidiary of First Bank of Nigeria. # Citibank, since 1971 # Standard Bank Congo # Rawbank # Ecobank RDC # Trust Merchant Bank # Afriland First Bank # Access Bank DRC # Solidaire Banque SA # SofiBanque # Advans Banque Congo # Bank of Africa RDC # United Bank for Africa Congo DRC # BGFIBank DRC # CRDB Bank DR Congo (Majority owned by CRDB Bank Group of Tanzania) Defunct banks # African Trade Bank (ATB) # Bank with Gold Confidence (Bancor) # Congolese Bank of Commerce Outside (BCCE) # Continental Bank of Congo (BanCoC) # Trade and Development Bank (BCD) # Bank of Crédit Agricole (BCA) # Compagnie Banciare de Commerce et de Credit (COBAC) # First ...
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Kinshasa
Kinshasa (; ; ln, Kinsásá), formerly Léopoldville ( nl, Leopoldstad), is the capital and largest city of the Democratic Republic of the Congo. Once a site of fishing and trading villages situated along the Congo River, Kinshasa is now one of the world's fastest growing megacities. The city of Kinshasa is also one of the DRC's 26 provinces. Because the administrative boundaries of the city-province cover a vast area, over 90 percent of the city-province's land is rural in nature, and the urban area occupies a small but expanding section on the western side. Kinshasa is Africa's third-largest metropolitan area after Cairo and Lagos. It is also the world's largest nominally Francophone urban area, with French being the language of government, education, media, public services and high-end commerce in the city, while Lingala is used as a ''lingua franca'' in the street. Kinshasa hosted the 14th Francophonie Summit in October 2012. Residents of Kinshasa are known as ''Kinoi ...
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Palm Oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced from oil crops in 2014. Palm oils are easier to stabilize and maintain quality of flavor and consistency in processed foods, so are frequently favored by food manufacturers. On average globally, humans consumed 7.7 kg (17 lb) of palm oil per person in 2015. Demand has also increased for other uses, such as cosmetics and biofuels, creating more demand on the supply encouraging the growth of palm oil plantations in tropical countries. The use of palm oil has attracted the concern of environmental groups due to deforestation in the tropics where palms are grown, and has been cited as a factor in social problems due to allegations of human rights violations among growers. An industry group formed in 2004 to create more sustainable and et ...
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Companies Based In Kinshasa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Of The Democratic Republic Of The Congo
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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Democratic Republic Of Congo
The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in Central Africa. It is bordered to the northwest by the Republic of the Congo, to the north by the Central African Republic, to the northeast by South Sudan, to the east by Uganda, Rwanda, and Burundi, and by Tanzania (across Lake Tanganyika), to the south and southeast by Zambia, to the southwest by Angola, and to the west by the South Atlantic Ocean and the Cabinda exclave of Angola. By area, it is the second-largest country in Africa and the 11th-largest in the world. With a population of around 108 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. The national capital and largest city is Kinshasa, which is also the nation's economic center. Centered on the Congo Ba ...
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The Africa Report
''The Africa Report'' is an English-language quarterly magazine that focuses on African politics and economics. History and profile Created in 2005 by Paris-based Jeune Afrique Media Group, ''The Africa Report'' is edited by Africa Confidential's Patrick Smith. The company also publishes the monthly magazine Jeune Afrique ''Jeune Afrique'' (English: ''Young Africa'') is a French-language pan-African weekly news magazine, founded in 1960 in Tunis and subsequently published in Paris. It is the most widely read pan-African magazine. It is also a book publisher, unde .... Born from the desire of the Jeune Afrique Media Group to develop itself in the Anglo-Saxon world, ''The Africa Report l''aunched a website in 2019 to gain visibility and become a reference media in Africa. It covers the economic, political, and social news of the continent. Featuring a report by sector and a focus by country, each issue is produced by an independent editorial team led by Nicholas Norbrook, ''T ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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SWIFT
Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, an international organization facilitating transactions between banks * Swift Engineering, an American engineering firm * Swift & Company, a meat processing company * Swifts (aerobatic team), a Russian aerobatic team Transportation companies * Swift Cooper, a British racing car manufacturer * Swift Leisure, a British manufacturer of caravans * Swift Motor Company, of Coventry, England * Swift Transportation, a US trucking company Places * River Swift, a river in England * Swift, Illinois, an unincorporated community in northeastern Illinois * Swift County, Minnesota, a county in west-central Minnesota * Swift, Minnesota, an unincorporated community in northern Minnesota * Swift, Missouri, a ghost town in southeastern Missouri As ...
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Democratic Republic Of The Congo
The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in Central Africa. It is bordered to the northwest by the Republic of the Congo, to the north by the Central African Republic, to the northeast by South Sudan, to the east by Uganda, Rwanda, and Burundi, and by Tanzania (across Lake Tanganyika), to the south and southeast by Zambia, to the southwest by Angola, and to the west by the South Atlantic Ocean and the Cabinda exclave of Angola. By area, it is the second-largest country in Africa and the 11th-largest in the world. With a population of around 108 million, the Democratic Republic of the Congo is the most populous officially Francophone country in the world. The national capital and largest city is Kinshasa, which is also the nation's economic center. Centered on the Cong ...
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Kisangani
Kisangani (formerly Stanleyville or Stanleystad) is the capital of Tshopo province in the Democratic Republic of the Congo. It is the fifth most populous urban area in the country, with an estimated population of 1,312,000 in 2021, and the largest of the cities that lie in the tropical woodlands of the Congo. Some from the mouth of the Congo River, Kisangani is the farthest navigable point upstream. Kisangani is the nation's most important inland port after Kinshasa, an important commercial hub point for river and land transportation and a major marketing and distribution centre for the north-eastern part of the country. It has been the commercial capital of the northern Congo since the late 19th century. History Before Henry Morton Stanley, working on behalf of King Leopold II of the Belgians, founded what would become Stanley Falls Station in 1883, on the Island of Wana Rusari in the Congo River, the area was inhabited by a native Congolese tribe known as the Clans of ...
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