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DRC, Rwanda agree to de-escalate tensions at a mini-summit in Luanda
The Democratic Republic of Congo and Rwanda have agreed to a “de-escalation process” following weeks of rising tensions over rebel fighting in eastern DRC, the Congolese presidency said Wednesday after mediated talks.
But the talks mediator, Angolan President Joao Lourenco, went further announcing a “ceasefire” — although giving no details.
Violence has flared between is the Congolese army and the M23 rebels and is ongoing.
The DRC has repeatedly accused Rwanda of backing the M23, a charge the small central African country always denied.
“I am pleased to announce that we have had positive results, in our view, in that we have agreed on a ceasefire, among other measures,” Lourenco said in remarks at the end of the mini-summit attended by Rwanda’s Paul Kagame and Congo’s Felix Tshisekedi in the Angolan capital Luanda.
Tshisekedi’s office said a “roadmap” had been established towards normalising diplomatic ties, including through ending hostilities involving the M23 militia in eastern DRC.
The announcements came after day-long talks which the Rwandan state broadcaster reported had “concluded with an agreed upon roadmap to deescalate hostilities”.
But the Rwanda Broadcasting Agency stressed that it was agreed that the issue of M23 “be dealt with domestically within the framework of the Nairobi process.”
A mostly Congolese Tutsi rebel group, the M23 — or “March 23 Movement” — first leapt to prominence when it briefly captured the eastern Congolese city of Goma in 2012 before it was driven out in a joint UN-Congolese offensive.
After lying mostly dormant for years, the M23 resumed fighting last November after accusing the Congolese government of failing to honour an agreement to incorporate its fighters into the army.
Fierce fighting has seen the rebels make significant advances in eastern Congo. Last month, M23 fighters captured the strategic town of Bunagana on the Congolese-Ugandan border, for example.
At the end Wednesday’s talks, the Congolese presidency said the three presidents had decided upon a “de-escalation process between the DRC and Rwanda”.
This involves setting up a joint DRC-Rwanda committee, which is due to hold its first meeting in Luanda on July 12, as well as a roadmap for normalising relations.
The M23 must cease hostilities under the roadmap, according to the Congolese presidency, and the “exploitation of natural resources in the region must be done in strict respect of the sovereignty of states”.
Lourenco, who is also the chairman of the International Conference for the Great Lakes Region (ICGLR), mediated the talks at the request of the Africa Union after the violence grew into a diplomatic faceoff between the two neighbours.
source: www.africanews.com
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GEXIM deepens relations with US EXIM Bank
A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama
President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com
