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Tag: congo
Construction world largest dam in DR Congo could begin within months
2016-05-29 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The largest dam in the world is set to begin construction within months and could be generating electricity in under five years. But 35,000 people may have to be relocated and it could be built without any environmental or social impact surveys, say critics. The $14bn (9.5bn) Inga 3 project, the first part of the mega-project, is being fast-tracked by the Democratic Republic of Congo government will span one channel of the vast river Congo at Inga Falls. It involves a large dam and a 4,800MW...
Tags: world
within
months
construction
Orange doubles Congo customer base with Tigo buy
2016-04-22 02:00:00| Total Telecom industry news
French operator group completes acquisition of Millicom's DRC operations, gaining 5.32 million customers.
Tags: buy
customer
base
orange
Civil War In Congo Pushes Gorilla To Extinction
2016-04-13 13:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Nature World: Human beings are not only the casualties of war in the long drawn-out civil war in Congo. The unrest has also adversely impacted the population of the world's largest ape, the Grauer's gorilla, pushing them to the brink of distinction. The last 20 years has seen a collapse in their number, with a staggering 77 percent decline, according to a recent comprehensive report released by the Wildlife Conservation Society (WCS), Flora and Fauna International and the Congolese Insitute for the Conservation...
Tags: war
civil
congo
civil war
Massive wildfire rips through Congo rainforest logging to blame?
2016-03-24 00:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: In late January and early March, a huge fire ripped through the forests of the Republic of Congo. Satellite data show it totaled more than 15,000 hectares (150 square kilometers), making the fire one of the largest ever observed in Central Africas rainforests. A research organization says El Nio is largely to blame, but that human activities in the region may also have exacerbated the situation. The Congo Basin occupies much of the middle of the African continent, straddling the equator from Gabon...
Tags: massive
blame
congo
logging
Millicom to sell DR Congo business to Orange for USD 160 mln
2016-02-08 09:01:00| Telecompaper Headlines
(Telecompaper) Millicom has signed an agreement for the sale of its Tigo business in the Democratic Republic of Congo (DRC) to Orange. The transaction is subject to regulatory approvals. In a statement, Millicom said it will sell 100 percent of the share capital in the holding company Oasis for a total cash consideration of USD 160 million. Mauricio Ramos, CEO of Millicom said the sale of Tigo DRC is in line with the group's strategy of supporting consolidation and concentrating resources in its most promising markets. Millicom said it will use the proceeds from the sale to strengthen its balance sheet allowing the company to reinvest in its existing Latin American and African markets, improving earnings and cash flow and reducing leverage.
Tags: business
sell
orange
usd
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