Exim Bank of China : US imposes $17,000 daily fine on DR Congo
An earlier fine imposed in 2020 has been increased and will remain in place until the DRC authorities comply with the Export-Import Bank of China’s demands.
Someone shares this article with you
▪ Exim Bank of China : US imposes $17,000 daily fine on DR Congo
▪ An earlier fine imposed in 2020 has been increased and will remain in place until the DRC authorities comply with the Export-Import Bank of China’s demands.
▪ https://www.africabusinessplus.com/en/812703/exim-bank-of-china-us-imposes-17000-daily-fine-on-dr-congo/
The dispute dates back to January 2017, when the state-owned financial institution responsible for promoting Chinese products abroad won a case in a US court in an ongoing dispute with the Democratic Republic of Congo (DRC).
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Oil & Gas
31/08/2022 at 16h20, by Africa Business+
Who’s assisting Kinshasa in call for tenders for oil and gas blocks?
The Congolese authorities, determined to develop the potential of their sedimentary basin, launched...
Health
18/08/2022 at 15h36, by Africa Business+
DR Congo: Henry Braun’s BUO Group values market for state employees’ medical cover at $96 million
Lisungu SA – a subsidiary of the Braun Underwriting Office (BUO) group founded and managed by Belgian...
News
25/07/2022 at 18h26, by Africa Business+
DR Congo: Artelia and Cira working on the Kasumbalesa Dry Port feasibility study
In Kasumbalesa, in Haut-Katanga, the construction project for a dry port leading to seven African seaports...
Development Bank
23/02/2022 at 15h08, by Africa Business+
Joe Biden’s Africa Business Team gets on track
After months of stalling, the Senate cleared several of the US administration’s heavyweights on finance...
Public decision maker
01/03/2021 at 19h31, by Valentin Grille
American-Guinean Mahmoud Bah is one of the new faces of the Millennium Challenge Corporation (MCC)
The new interim CEO, an American of Guinean origin, was among the first to be appointed by the Biden...
Construction & Infrastructure
14/10/2020 at 07h21, by Africa Business+, updated 15/10/2020
Eximbank China finalises loan with China Railway to renovate Mamy Ravatomanga’s Madarail ($34m)
Jeune Afrique Business+ brings you the exclusive story.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.