Search
  1. Home
  2. Africa
  3. DRC

Wamba faces dissension over $16m bank deal

    NAIROBI

    A $16 million development cooperation agreement between First
    International Bank in Grenada and Ernest Wamba dia Wamba's RCD-ML has caused friction within the rebel grouping. "We have read about the deal in the newspapers. Wamba has refused to call a meeting to explain the whole deal. This is bad for the movement, and the future of Congo," the semi-official 'New Vision' newspaper in Uganda on Monday quoted RCD-ML official Jim Balikwisa as saying. Wamba's 'prime minister' Mbusa Nyamwisi
    has defended the agreement, which holds out the prospect of improved health and transport infrastructure in those areas of eastern DRC held by Wamba's forces. He said the deal was made "in good faith" and would benefit the Congolese people, the 'New Vision' reported.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

    We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

    Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join