Luc Gerard Nyafe, Tshisekedi’s advisor, will no longer directly manage his business activities in the DRC
The Congolese businessman, who assists the head of state with his strategy for improving the country’s investment climate, has been accused of conflict of interest in the local media after his group was selected to renovate the Maluku special economic zone (SEZ).
26/02/2020 at 17h41, by Gaëlle Arenson
Questioned by Jeune Afrique Business+ over the phone, Nyafe revealed that in the wake of the news he requested that his lawyers reorganise his businesses in the country so that his name is no longer included in on-site management. “All my operations in the DRC will be managed by a trust with independent directors. I’m completely stepping away,” explains the businessman in order to put a stop to the accusations of conflict of interest.
Recommended articles
Mines
14/11/2023 at 15h48, by Africa Business+
Gold in the DRC: how Luc Gérard Nyafé is reviving Banro’s former assets
The businessman now operates the gold sites in eastern DRC through Strategos Mining & Exploration.
Construction & Infrastructure
04/01/2023 at 16h54, by Africa Business+
China First Highway Engineering awarded $49m construction contract for Maluku port
The Congolese government is continuing its efforts to create the Maluku pilot special economic zone...
Construction & Infrastructure
22/06/2022 at 15h40, by Africa Business+
Kinshasa relaunches Malaku SEZ with Guangdong Provincial Changda Highway Engineering and Ray Group
After ousting Luc Gérard Nyafé’s group from the project, the Congolese authorities decided to continue...