Congo-Kinshasa: Nation Wants to Move Up the Battery Supply Chain allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
The African country aims to process its own raw materials rather than simply exporting them. To succeed, the country needs roads, electricity and skilled workers.
The Democratic
Republic of Congo has suspended the approval of Congo Gold
Raffinerie, as it was about to launch the nation s first bullion
refinery in South Kivu on Wednesday, documents from national.
The East African
Monday May 24 2021
A worker drives a fork-lift past a machine pouring a mixture of copper and cobalt in a bag at the STL (Société pour le traitement du terril de Lubumbashi) processing plant in Lubumbashi. PHOTO | AFP
Summary
Kinshasa has already lost out on nearly $2 billion in revenue by selling mining and oil assets to an Israeli billionaire, according to a coalition of Congolese and international organisations.
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Democratic Republic of Congo leader Félix Tshisekedi is seeking a review of some mining contracts with foreign companies as a lobby warns that the country will potentially lose at least $3.7 billion in skewed mining and oil deals with controversial Israeli billionaire Dan Gertler.