Categories: AFRICA

Uganda Pays DRC $65m in First Installment of War Reparations

Uganda has paid the Democratic Republic of Congo $65 million in reparations for the invasion and looting by Uganda People’s Defense Forces (UPDF) during the Congo war between the late 1990s and 2003.

This conflict involved up to nine African countries, including Uganda and Rwanda, which supported rebel groups in the mineral-rich east of the country.

On Monday, Uganda’s Finance Ministry Spokesman, Apollo Munghinda, confirmed the news which had been announced by DRC’s Justice Minister during a cabinet meeting Friday.

The UN’s highest court, ruled in February this year that Uganda should pay its neighbor $225 million for loss of life, $40 million for damage to property, and $60 million for damage to natural resources.

The money is to be paid in five installments of $65 million, starting on September 1 this year and every September 1 for the following four years.

Kinshasa had initially demanded $11 billion but the International Court of Justice (ICJ) ordered Uganda to pay $325 million.

From Africa News

Follow us on:

AriseNews

Recent Posts

Gbadebo Rhodes-Vivour: Commercialisation Of GMO Seeds Can Take Away Nigeria’s Food Sovereignty, Cause Health Issues

Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…

13 hours ago

Usyk Defeats Fury on Points in Riyadh to Retain Heavyweight Championship Title

Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…

18 hours ago

Albania to Ban TikTok for a Year After Schoolboy’s Death Sparks Concerns

Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…

20 hours ago

Suspect Remanded in Custody Over Deadly Attack at German Christmas Market

A suspect accused of killing five people by driving into a crowded Christmas market in…

21 hours ago

US Fighter Jet ShotDown in Red Sea ‘Friendly Fire’ Incident Amid Heightened Tensions

A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…

21 hours ago

NNPC, Dangote Refinery Slash Petrol Prices to N899 Per Litre Amid Rising Competition

NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…

22 hours ago