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Société Aurifère Du Kivu Et Du Maniema
Société Aurifère du Kivu et du Maniema, SARL (SAKIMA) is a Congolese state-owned mining company which holds interests in various gold and tin mines in the provinces of Maniema, North Kivu and South Kivu in the eastern Democratic Republic of the Congo. The company's operations are based in the town of Kalima. History SAKIMA was founded in 1997 to take over the assets of Société Minière et Industrielle du Kivu. SAKIMA was originally 93% owned by the Canada-based ''Banro Resource Corporation'' and 7% owned by the DRC government. Laurent-Désiré Kabila's administration wanted SAKIMA to invest hundreds of millions into reviving its cassiterite, coltan, and gold mines, but Banro refused as it was only interested in the gold mines. Relations between Banro and the government deteriorated, and the SAKIMA's mining agreements were revoked by presidential degree in July 1998 and transferred to ''Société des Mines du Congo SARL'' (SOMICO), a new wholly Congolese state-owned corpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Kabila
Joseph Kabila Kabange ( , ; born 4 June 1971) is a Congolese politician and former military officer who served as the fourth President of the Democratic Republic of the Congo from 2001 to 2019. He took office ten days after the assassination of his father, President Laurent-Désiré Kabila in the context of the Second Congo War. He founded the People's Party for Reconstruction and Democracy (PPRD) in 2002 and was allowed to remain in power after the 2003 Pretoria Accord ended the war as the president of the country's new Transitional Government of the Democratic Republic of the Congo, transitional government. He was elected as president in 2006 Democratic Republic of the Congo general election, 2006 and re-elected in 2011 Democratic Republic of the Congo general election, 2011 for a second term. Since stepping down after the 2018 Democratic Republic of the Congo general election, 2018 election, Kabila, as a former president, serves as a senator for life.Bujakera, Stanis (15 Marc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of The Democratic Republic Of The Congo
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation or restoration of the land after the mine is closed. Mining materials are often obtained from ore bodies, lodes, veins, seams, reefs, or placer deposits. The exploitation of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Twangiza-Namoya Gold Belt
The Twangiza-Namoya gold belt is a belt of gold deposits in the east of the Democratic Republic of the Congo. Artisanal working of alluvial deposits dates back to the 1920s. More systematic exploration and exploitation took place in the colonial era and continues up to the present, although civil war and militia attacks have periodically disrupted operations and have caused several changes of ownership of the concessions. Location The Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt. stretches from South Kivu into Maniema. It extends from Twangiza, South Kivu, in the northeast to Namoya, Maniema, in the southwest. There are gold deposits at Kamituga, Lugushwa and other properties in the belt. From Namoya the belt extends west towards Kampene. Geology The Twangiza–Namoya gold belt is on the western margin of the Kibaran Mobile Belt, which lies between the Congo Craton and the Tanzania Craton. It developed in the Proterozoic. It holds a sediment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
M23 Offensive (2022)
M, or m, is the thirteenth letter of the Latin alphabet, used in the modern English alphabet, the alphabets of several western European languages and others worldwide. Its name in English is ''em'' (pronounced ), plural ''ems''. History The letter M is derived from the Phoenician Mem via the Greek Mu (Μ, μ). Semitic Mem is most likely derived from a " Proto-Sinaitic" (Bronze Age) adoption of the "water" ideogram in Egyptian writing. The Egyptian sign had the acrophonic value , from the Egyptian word for "water", ''nt''; the adoption as the Semitic letter for was presumably also on acrophonic grounds, from the Semitic word for "water", '' *mā(y)-''. Use in writing systems English In English, represents the voiced bilabial nasal . The Oxford English Dictionary (first edition) says that is sometimes a vowel, such as in words like ''spasm'' and in the suffix ''-ism''. In modern terminology, this is described as a syllabic consonant (IPA: ). M is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Kagame
Paul Kagame ( ; born 23 October 1957) is a Rwandan politician and former military officer who has been the President of Rwanda since 2000. He was previously a commander of the Rwandan Patriotic Front (RPF), a rebel armed force which invaded Rwanda in 1990. The RPF was one of the main belligerents of the Rwandan Civil War and was the armed force which ended the 1994's Rwandan genocide. He was since considered Rwanda's '' de facto'' leader while Vice President and Minister of Defence under President Pasteur Bizimungu, up to his 2000's election as Rwanda's 4th president and the abolition of the vice-presidential position. Born to a Tutsi family in southern Rwanda that fled to Uganda when he was two years old, Kagame spent the rest of his childhood there during the Rwandan Revolution, which ended Tutsi political dominance. In the 1980s, Kagame fought in Yoweri Museveni's rebel army becoming a senior Ugandan army officer after many military victories led Museveni to the Ugand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Felix Tshisekedi
Felix may refer to: * Felix (name), people and fictional characters with the name Places * Arabia Felix is the ancient Latin name of Yemen * Felix, Spain, a municipality of the province Almería, in the autonomous community of Andalusia, Spain * St. Felix, Prince Edward Island, a rural community in Prince County, Prince Edward Island, Canada. * Felix, Ontario, an unincorporated place and railway point in Northeastern Ontario, Canada * St. Felix, South Tyrol, a village in South Tyrol, in northern Italy. * Felix, California, an unincorporated community in Calaveras County * Felix Township, Grundy County, Illinois * Felix Township, Grundy County, Iowa Music * Felix (band), a British band * Felix (musician), British DJ * Felix (rapper) (born 2000), Australian rapper and member of the K-pop boy band Stray Kids * Félix Award, a Quebec music award named after Félix Leclerc Business * Felix (pet food), a brand of cat food sold in most European countries * AB Fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dott Services
Dott Services Limited, commonly referred to as Dott Services, is a Ugandan engineering and construction company. As of December 2021, it is one of the leading companies in the engineering and construction fields, in the African Great Lakes Region. Headquartered in Kampala, Uganda's capital city, Dott Services is active in Uganda, Tanzania, South Sudan and DR Congo, Overview Dott Services was established in 1994 by four engineers who graduated from the same engineering college in India: (a) Venugopal Rao (Executive Director, Dott Services) (b) Maheswara Reddy, (Managing Director, Dott Services) (c) Prasad Reddy and (d) Komi Reddy. Each of the founders/directors own 25 percent of the company stock. As of 2021 the company employed an estimated work force of between 500 and 1,000 people. Ownership The business is privately owned by the families of the four original founders. The table below illustrates the shareholding in the company stock. Governance The executive chairman of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Second Congo War
The Second Congo War, also known as Africa's World War or the Great War of Africa, was a major conflict that began on 2 August 1998, in the Democratic Republic of the Congo, just over a year after the First Congo War. The war initially erupted when Congolese president Laurent-Désiré Kabila turned against his former allies from Rwanda and Uganda, who had helped him seize power. The conflict expanded as Kabila rallied a coalition of other countries to his defense. The war drew in nine African nations and approximately 25 armed groups, making it one of the largest wars in African history. Although a peace agreement was signed in 2002, and the war officially ended on 18 July 2003 with the establishment of the Transitional Government of the Democratic Republic of the Congo, violence has persisted in various regions, particularly in the east, through ongoing conflicts such as the Lord's Resistance Army insurgency and the Kivu conflict, Kivu and Ituri conflicts. The Second Congo War ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rally For Congolese Democracy
The Congolese Rally for Democracy (; abbreviated RCD), also known as the Rally for Congolese Democracy, is a political party and a former rebel group that operated in the eastern region of the Democratic Republic of the Congo (DRC). It was supported by the government of Rwanda, and was a major armed faction in the Second Congo War (1998-2003). It became a social liberal political party in 2003. Development In 1997, Laurent-Désiré Kabila was installed as President of the DRC following the victory by the Alliance of Democratic Forces for the Liberation of Congo (AFDL) in the First Congo War, with heavy support from the governments of Uganda and Rwanda. However, the ethnic tensions in eastern DRC did not disappear and Kabila grew wary of Rwandan influence in his administration. Thousands of Hutu militants who had taken part in the Rwandan genocide and been forced to flee into the DRC maintained a low intensity war with the invading Rwandan army and their Banyamulenge co-ethnics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Namoya Mine
Namoya Mine is an open pit gold mine in Maniema province of the Democratic Republic of the Congo (DRC) which started operations in 2016. Production has been disrupted by repeated attacks from rebel militias. The original Canadian owner sold to a Chinese consortium in 2020 due to security concerns. Location The Namoya Mine is in Kabambare Territory of Maniema, just south of the South Kivu border and north of the RP1121 highway. It is south of Mount Mutumba in the Itombwe Mountains. Namoya Airport and Namoya town are to the south of the mine. The Kama River flows through Namoya town. The mine is at the south end of the Twangiza-Namoya gold belt, also called the Maniema-South Kivu Gold Belt, which stretches from South Kivu into Maniema. The belt extends from Twangiza Mine, Twangiza southwest to Namoya Mine. Banro Corporation of Canada has a exploration permit around Namoya with four main deposits: Mount Mwendamboko, Muviringu, Kakula and Namoya Summit. The mine is on the western m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
