Tuesday, April 11, 2023

DRC Reviewing Chinese Mining Contracts

 The East African published on 11 April 2023 an article titled "DR Congo to Audit and Review 'Unfair' Chinese Mining Contracts" by Patrick Ilunga.

The DRC has begun to review mining contracts with Chinese companies to ensure improved revenue collection.  Chinese companies have earned at least $10 billion from contracts in the past decade while the DRC has benefitted from only $822 million of infrastructure construction.