The Latest Breaking News from Sicomines

Long road for DRC as it renegotiates minerals deal with China

A massive "resource for infrastructure" deal between China and the Democratic Republic of Congo has been criticised by Kinshasa as too favourable to Beijing. President Felix Tshisekedi was there in May to rebalance the contract. Three months later, Congolese civil society groups are upset over what they call a lack…

Radio France Internationale · Aug 12, 2023

Exclusive-Congo to hike stake in copper, cobalt venture with China

The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo's resources with little benefit to the country.

Reuters · May 24, 2023