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Congo halts ERG's copper & cobalt Boss Mining project citing ongoing environmental concerns after flooding in March sent mine waste into Kakanda river & town via @business
"In the 20+ years since China has been active in Africa, most foreign ministries on the continent still lack robust competence in China affairs...Their ignorance about China in 2023 is a choice." -- @eric_olander
A longtime top adviser to Congo presidential candidate Moise Katumbi was arrested at Ndjili airport Tuesday for an unknown reason, Katumbi said via @bpolitics
Peru became the 2nd biggest copper producer after Chile in 2016, but production & investment have been curtailed in recent years by political & social instability, & Congo is set to pull ahead (and may already have.) via @markets
Xi Jinping meets Tshisekedi in Beijing. No big deals yet; some MoUs. Reworking of China contract may last all year. A new over-arching bilateral accord could come in next few months. China calls for regional solution to eastern conflict. via @bpolitics
US plans $250m to support Lobito railway corridor from Angola to DRC, part of Biden & G-7’s Partnership for Global Infrastructure and Investment initiative. Also funding Africell expansion along corridor via @markets
“The United States is supporting the development of the Lobito Corridor with an initial investment in a rail expansion…connecting the Democratic Republic of the Congo (DRC) and Zambia with global markets through Angola.”
World's quietest state visit: Tshisekedi heading to Beijing, Shanghai, Shenzhen next week while sensitive discussions over Sicomines & Tenke continue. Tenke deal between Gecamines & CMOC still not finalized; cobalt exports remain blocked. via @bpolitics
Tshisekedi says soldiers from the East African Community aren’t fulfilling their mandate to fight M23 rebels in the country’s east and he may ask them to leave via @bpolitics
Ugandan Energy Minister Ruth Nankabirwa said she held talks on Tuesday with a delegation from Congo to discuss sharing of oil infrastructure in the region. @fojambo
Today with @NRGInstitute & @BHRRC at @OECD Forum on Responsible Mineral Supply Chains, our director @woudena discussed 'vicious triangle' of human rights violations, environmental harm & corruption. Listen to our case study on the concrete experiences of #corruption victims. #DRC