AVZ Discussion 2022
- Thread starter GazDix
- Start date
Did same, entered 2016.This is certainly fucked up. But hey, I was stuck in the red after loading up/Averaging up in 2018 and getting caught for a few years hahah. So second time around
Especially upsetting though when I see Felix posting on his LinkedIn profile arriving all smiles in.
Too fucking clever, too fucking early
You can say that again.Love your optimism mate and that nunber would be very nice. However if say Zijin were to make an genuine offer I’m tipping the number you have is missing a decimal point and the letters USD in front of it.
That’s my Best guess as a baseline or expected number IMO to be offered by the Chinese crooks. Doesn’t mean it would be accepted of course.
Any such offer may very well be a trigger for others to act if they think there is a clear run to production and guarantees provided by Felix and Co.
Love your optimism mate and that nunber would be very nice. However if say Zijin were to make an genuine offer I’m tipping the number you have is missing a decimal point and the letters USD in front of it.
That’s my Best guess for a baseline or expected number IMO to be offered by the Chinese crooks. Doesn’t mean it would be accepted of course.
Any such offer may very well be a trigger for others to act if they think there is a clear run to production and guarantees provided by Felix and Co.
If the waters continue to be muddy, there will be limited buyers lining up IMO.
BTW $12 is the latest figure in a long running joke.
It would value AVZ at $32 Billion, which is double what Z spent but AVZ probably double the resource.
So fair price.
US$ of course.
Ultimately, I suspect the ships will mainly be sailing west and not east.
PS Having a Leonard Cohen night and starting on Sheath Stout soon.
Apologies in advance
The Fox
Regular
And again.
Started the message on my phone and edited it and finished on the laptop, guess thats what happens, double bubble.
Have a good weekend all.
You are either a troll, or someone who has failed miserably doing their DYOR.....
I spoke to Graeme Johnston at the recent AGM, he spoke candidly about the "fake share certificate" and the rumoured 3 year jail term ..........all a load of bullshit.
Just more corruption, this time from Dathomir and the snake Simon Cong , trying their hardest to refute they sold their 15% interest of Dathcom to AVZ....
As for Graeme Johnston selling shares in February 2022, thats complete bullshit, he actually sold 753, 000 on the 21 January, it he did that in order to comply with a investment strategy of his Superannuation fund, however, if you also happened to notice, he increased his ordinary shareholding from 10 , 651, 000 - 12, 151, 070 on the 14/1/22, that was the day 4 other directors increased their holdings.
Get your facts right , or get burnt !
imo
"Just looking for some humour anywhere I can get it BEISH"
- What did the toaster say to the slice of bread? "I want you inside me."....
- "Give it to me! Give it to me!" she yelled. "I'm so wet, give it to me now!" She could scream all she wanted, but I was keeping the umbrella....
- They say that during sex you burn off as many calories as running eight miles. Who the hell runs eight miles in 30 seconds?.......
- What's the difference between kinky and perverted? Kinky is when you tickle your girlfriend with a feather, perverted is when you use the whole bird......
- Why do walruses love a Tupperware party? They're always on the lookout for a tight seal.....
- A woman walks out of the shower, winks at her boyfriend, and says, "Honey, I shaved myself down there. Do you know what that means?" The boyfriend says, "Yeah, it means the drain is clogged again."........
There you go Money........ask and you shall receive.
Last edited:
IndependenceDay
Member
Frank
Top 20
Tshisekedi – Xi Jinping, towards the improvement of Sino-Congolese relations
The Tshisekedi – Xi Jinping meeting of this Friday, May 26, 2023 augurs well for the future in bilateral relations between the two countries.
But it is a Tshisekedi determined to renegotiate a fifteen-year-old contract that the Democratic Republic of Congo wants to review.
A commission created last March by President Felix Tshisekedi, whose conclusions were revealed on Wednesday May 24 by Reuters, recommends reversing the equity stakes in a company jointly owned with China to make the DRC the majority shareholder.
Arriving in Beijing since Wednesday, President Félix Tshisekedi will stay there until May 28.
The main objective of the Congolese president's visit is economic cooperation.
The Head of State hopes to renegotiate there the terms of an agreement concluded fifteen years ago between the two countries.
Because this agreement, presented at the time as "the contract of the century", first benefits China, to the detriment of the DRC.
From the solution contract to the problems of the Congo…
The "Chinese contract" provides for massive investments by China in the DRC, particularly in road and rail infrastructure, or the construction of around thirty hospitals in exchange for privileged access to Congolese mining resources, particularly the mines of copper and cobalt.
In particular, it led to the creation of a Sino-Congolese joint venture: Sicomines (which brings together Gecamines from the DRC and the GEC, a group of Chinese companies).
At the time, this agreement was presented as a “win-win” partnership which aroused “a lot of hope”, according to Professor Germain Ngoie Tshibambe, from the Department of International Relations at the University of Lubumbashi.
… to disappointment
Fifteen years later, the researcher deplores “the triumph of disillusion” in the face of “the omnipresence of China in Congolese economic life”.
“This strong presence of China in the economic life of the DRC is manifested by the omnipotence of Chinese investments”, explains Germain Ngoie Tshibambe.
80% of the copper and cobalt exported by the DRC goes to China.
“Not only have the Chinese invested in the industrial mining sector, but also the artisanal mining sector.”
The academic details the areas of the Congolese economy in which China is particularly represented: “China is present in the mining sector, but it is also becoming increasingly present in the public works sector.
It is also omnipresent in the road and road infrastructure sector.
There is a project won by China which foresees the construction of more than 1,000 kilometers of roads by China in the eastern DRC.
And another sector is electricity.
In the latter sector, electricity, the power plant projects at Busanga and the dam of the Inga dam megaproject are at the heart of the interest of Chinese investors.
A fool's bargain?
Last February, the Congolese General Inspectorate of Finance (IGF) published an audit that caused a stir.
The document mentions overcharging in the work carried out in the DRC, but it notes above all that China has kept less than 50% of its commitments while it has earned ten billion dollars since the signing of the contract, including one billion just in interest paid to Chinese banks for their loans.
The DRC would have withdrawn only a little more than 880 million dollars in profits.
A “fiasco” such for the DRC that the General Inspectorate of Finance is claiming 20 billion dollars in compensation from the Group of Chinese companies.
The head of the IGF, Jules Alingete Key, denounces an “economic colonization” of China.
Mireille Manga, lecturer in political science at the Cameroon Institute of International Relations, refutes this term, even if she welcomes the review of the clauses of the “Chinese contract”.
“After 15 years of cooperation through this contract, multiple interactions, we stop to take stock.
The results observed on the ground do not correspond to the initial expectations and therefore it is normal, as partners and sovereign States, that one party or the other decides to question the agreements and renegotiate them.
It is a normal process of international political life.
Mireille Manga, who coordinated a book published by Éditions Palgrave Macmillan, in October 2022, on “The new Chinese silk roads and new forms of nationalism”, continues: “The General Inspectorate of Finances of the DRC wanted to highlight before the imbalance of this cooperation and the need to renegotiate the partnership.
But it is in no way a question of colonization, because it is about two conscious and very lucid actors in relation to their interests.
The Chinese authorities did not appreciate the new attitude of the Congolese authorities, but they promised the disbursement of 500 million dollars of investment.
This is much less than the three billion from which the DRC hoped to benefit in infrastructure.
Inquiries and investigation
The Kinshasa-Gombe prosecutor opened an investigation in March into certain dysfunctions of the partnership with China.
Several structures have been working for several years to shed light on the irregularities of contracts signed under the Kabila presidency in several areas: the EITI (the Initiative for Transparency in the Extractive Industries), the Congolese Ministry of Mines and Infrastructure, but also NGOs, civil society organizations or even investigative journalists.
Germain Ngoie Tshibambe does not speak of Chinese “imperialism” either, but of disappointment in the hopes placed by the Congolese in the relationship with China: “We thought we were reaping a lot of dividends and we finally see that is a fool's bargain for the DRC.
China, on the other hand, exploits mineral resources.
Some minerals are shipped raw to China, without control, without any monitoring company, the minerals go to factories in China.
Emmanuel Musuyu, the executive secretary of the Coalition of Civil Society Organizations for the Monitoring of Reforms and Public Action (Corap), believes that it is essential that the Congolese authorities do not commit again, for the signing of new contracts , the same errors as for the “Chinese contract”.
“Unfortunately, everything is focused at the level of the presidency" deplores Emmanuel Musuyu.
The risk is very high of forgetting the technicians at the level of the specialized ministries, of civil society.
So, we can renegotiate today and fall back into the same [through] in the days to come, that's our fear.
We therefore call on the Head of State to ensure that it is experts who know what is happening on the ground who negotiate, but not a commission with advisers who cannot help things go well.
mediacongo
The Tshisekedi – Xi Jinping meeting of this Friday, May 26, 2023 augurs well for the future in bilateral relations between the two countries.
But it is a Tshisekedi determined to renegotiate a fifteen-year-old contract that the Democratic Republic of Congo wants to review.
A commission created last March by President Felix Tshisekedi, whose conclusions were revealed on Wednesday May 24 by Reuters, recommends reversing the equity stakes in a company jointly owned with China to make the DRC the majority shareholder.
Arriving in Beijing since Wednesday, President Félix Tshisekedi will stay there until May 28.
The main objective of the Congolese president's visit is economic cooperation.
The Head of State hopes to renegotiate there the terms of an agreement concluded fifteen years ago between the two countries.
Because this agreement, presented at the time as "the contract of the century", first benefits China, to the detriment of the DRC.
From the solution contract to the problems of the Congo…
The "Chinese contract" provides for massive investments by China in the DRC, particularly in road and rail infrastructure, or the construction of around thirty hospitals in exchange for privileged access to Congolese mining resources, particularly the mines of copper and cobalt.
In particular, it led to the creation of a Sino-Congolese joint venture: Sicomines (which brings together Gecamines from the DRC and the GEC, a group of Chinese companies).
At the time, this agreement was presented as a “win-win” partnership which aroused “a lot of hope”, according to Professor Germain Ngoie Tshibambe, from the Department of International Relations at the University of Lubumbashi.
… to disappointment
Fifteen years later, the researcher deplores “the triumph of disillusion” in the face of “the omnipresence of China in Congolese economic life”.
“This strong presence of China in the economic life of the DRC is manifested by the omnipotence of Chinese investments”, explains Germain Ngoie Tshibambe.
80% of the copper and cobalt exported by the DRC goes to China.
“Not only have the Chinese invested in the industrial mining sector, but also the artisanal mining sector.”
The academic details the areas of the Congolese economy in which China is particularly represented: “China is present in the mining sector, but it is also becoming increasingly present in the public works sector.
It is also omnipresent in the road and road infrastructure sector.
There is a project won by China which foresees the construction of more than 1,000 kilometers of roads by China in the eastern DRC.
And another sector is electricity.
In the latter sector, electricity, the power plant projects at Busanga and the dam of the Inga dam megaproject are at the heart of the interest of Chinese investors.
A fool's bargain?
Last February, the Congolese General Inspectorate of Finance (IGF) published an audit that caused a stir.
The document mentions overcharging in the work carried out in the DRC, but it notes above all that China has kept less than 50% of its commitments while it has earned ten billion dollars since the signing of the contract, including one billion just in interest paid to Chinese banks for their loans.
The DRC would have withdrawn only a little more than 880 million dollars in profits.
A “fiasco” such for the DRC that the General Inspectorate of Finance is claiming 20 billion dollars in compensation from the Group of Chinese companies.
The head of the IGF, Jules Alingete Key, denounces an “economic colonization” of China.
Mireille Manga, lecturer in political science at the Cameroon Institute of International Relations, refutes this term, even if she welcomes the review of the clauses of the “Chinese contract”.
“After 15 years of cooperation through this contract, multiple interactions, we stop to take stock.
The results observed on the ground do not correspond to the initial expectations and therefore it is normal, as partners and sovereign States, that one party or the other decides to question the agreements and renegotiate them.
It is a normal process of international political life.
Mireille Manga, who coordinated a book published by Éditions Palgrave Macmillan, in October 2022, on “The new Chinese silk roads and new forms of nationalism”, continues: “The General Inspectorate of Finances of the DRC wanted to highlight before the imbalance of this cooperation and the need to renegotiate the partnership.
But it is in no way a question of colonization, because it is about two conscious and very lucid actors in relation to their interests.
The Chinese authorities did not appreciate the new attitude of the Congolese authorities, but they promised the disbursement of 500 million dollars of investment.
This is much less than the three billion from which the DRC hoped to benefit in infrastructure.
Inquiries and investigation
The Kinshasa-Gombe prosecutor opened an investigation in March into certain dysfunctions of the partnership with China.
Several structures have been working for several years to shed light on the irregularities of contracts signed under the Kabila presidency in several areas: the EITI (the Initiative for Transparency in the Extractive Industries), the Congolese Ministry of Mines and Infrastructure, but also NGOs, civil society organizations or even investigative journalists.
Germain Ngoie Tshibambe does not speak of Chinese “imperialism” either, but of disappointment in the hopes placed by the Congolese in the relationship with China: “We thought we were reaping a lot of dividends and we finally see that is a fool's bargain for the DRC.
China, on the other hand, exploits mineral resources.
Some minerals are shipped raw to China, without control, without any monitoring company, the minerals go to factories in China.
Emmanuel Musuyu, the executive secretary of the Coalition of Civil Society Organizations for the Monitoring of Reforms and Public Action (Corap), believes that it is essential that the Congolese authorities do not commit again, for the signing of new contracts , the same errors as for the “Chinese contract”.
“Unfortunately, everything is focused at the level of the presidency" deplores Emmanuel Musuyu.
The risk is very high of forgetting the technicians at the level of the specialized ministries, of civil society.
So, we can renegotiate today and fall back into the same [through] in the days to come, that's our fear.
We therefore call on the Head of State to ensure that it is experts who know what is happening on the ground who negotiate, but not a commission with advisers who cannot help things go well.
mediacongo
Frank
Top 20
What future for the "contract of the century" between the DRC and China?
During these four days of visit, the first in Beijing for Félix Tshsiekedi since the beginning of his mandate in 2019, Kinshasa's objective is to put back on track the Sino-Congolese relationship blunted by the "contract of the century" passed he 15 years ago under the Kabila era.
A "mines against infrastructure" contract that turned into a fiasco.
The DRC and the Congolese are the big losers of this contract considered leonine and that the number one Congolese will try to renegotiate from this Friday.
It is first of all the story of a mega-contract by Sicomines, Sino-Congolaise des Mines, a joint venture set up in the former Katanga with the Congolese public company, Gécamines and the GEC, the Group of Chinese companies.
The former Kabila presidency was its architect. Cobalt and copper mines against roads, railroads, etc.
That was on paper, because in reality: the contract of the century was rather the heist of the century, according to Jean-Pierre Okenda, director of extractive industries at Resource Matters: "It's the scam of the century.
For what ?
Basically, China agrees to make available a line of credit: 6 billion US dollars.
It was reduced by half after the intervention of the IMF which was afraid of a debt, that the project was not sustainable.
And so there was this money.
And on the other hand, China needed access to minerals, and so the DRC said it had very large reserves: at the time, Gécamines estimated the reserves at 10 million tons of copper, 600,000 tons of cobalt.
That's what that deal looked like.
A deal that remained a dead letter or almost
Roads, Kakobola and Katende hydroelectric dams, thousands of social housing units, 145 health centers...
All these projects had to be done.
But fifteen years later, the amount actually invested by the Chinese side has remained minimal, according to Jean-Pierre Okenda: "We are in 2023 and we realize today that China has only spent 30%, or 822 millions of dollars in infrastructure.
This figure is given by an official Congolese report.
The General Inspectorate of Finance released a damning report: "squandering", "selling off", "economic colonialism".
The IGF estimates that for Sicomines, the Katangese mines have been a cash machine: 10 billion dollars.
The Congolese president goes on the offensive with Beijing
A task force within the framework of an ad hoc commission made up of ministers, the presidential cabinet and members of civil society resulted a week ago in a document that we were able to consult.
It was designed as a basis for negotiations with Beijing.
First lesson: Kinshasa wants to reverse the shareholder balance of power within Sicomines and go from 32% currently held by Gécamines to 70% for the public company and the Congolese authorities
It is the key idea of renegotiation that seems to be in view during this state visit.
Even if sources contacted by RFI within the delegation present in Beijing affirm that it is rather necessary to rebuild the Sino-Congolese relationship.
The pressure is immense on the Congolese authorities.
The Congolese company which has been denouncing this Chinese contract for more than ten years, the Westerners, the Americans and the Europeans or even the Extractive Industries Transparency Initiative (Itie) everyone is pushing for Kinshasa to remain within this framework of negotiations.
Welcoming the government's initiative to want to renegotiate, it is also really essential to put in place guarantees to ensure that in the end these negotiations are beneficial to Congo and to the state-owned company", indicates Jean-Pierre Okenda
Towards compensation?
The DRC could claim 2.2 billion dollars as required in this negotiation document.
Still, for another Congolese civil society actor, Jean-Claude Mputu of Congo Not for Sale, the timing is far from trivial: "The strongest weapon of Congolese power is its mineral wealth , in particular strategic minerals for the energy transition.
So all the means are good to use it, for electoral reasons [...] because we realize that the West is very observant on the elections, we should perhaps avoid putting too much pressure on China, and at least have an ally for the last few months.
Beyond this contract, Kinshasa clearly comes to find support.
After the bilateral meeting earlier with President Xi Jinping, Felix Tshisekedi will go tomorrow to Norinco, an arms dealer, then to Huawei in Shenzen on Sunday before leaving Hong Kong at the end of this State visit.
mediacongo
During these four days of visit, the first in Beijing for Félix Tshsiekedi since the beginning of his mandate in 2019, Kinshasa's objective is to put back on track the Sino-Congolese relationship blunted by the "contract of the century" passed he 15 years ago under the Kabila era.
A "mines against infrastructure" contract that turned into a fiasco.
The DRC and the Congolese are the big losers of this contract considered leonine and that the number one Congolese will try to renegotiate from this Friday.
It is first of all the story of a mega-contract by Sicomines, Sino-Congolaise des Mines, a joint venture set up in the former Katanga with the Congolese public company, Gécamines and the GEC, the Group of Chinese companies.
The former Kabila presidency was its architect. Cobalt and copper mines against roads, railroads, etc.
That was on paper, because in reality: the contract of the century was rather the heist of the century, according to Jean-Pierre Okenda, director of extractive industries at Resource Matters: "It's the scam of the century.
For what ?
Basically, China agrees to make available a line of credit: 6 billion US dollars.
It was reduced by half after the intervention of the IMF which was afraid of a debt, that the project was not sustainable.
And so there was this money.
And on the other hand, China needed access to minerals, and so the DRC said it had very large reserves: at the time, Gécamines estimated the reserves at 10 million tons of copper, 600,000 tons of cobalt.
That's what that deal looked like.
A deal that remained a dead letter or almost
Roads, Kakobola and Katende hydroelectric dams, thousands of social housing units, 145 health centers...
All these projects had to be done.
But fifteen years later, the amount actually invested by the Chinese side has remained minimal, according to Jean-Pierre Okenda: "We are in 2023 and we realize today that China has only spent 30%, or 822 millions of dollars in infrastructure.
This figure is given by an official Congolese report.
The General Inspectorate of Finance released a damning report: "squandering", "selling off", "economic colonialism".
The IGF estimates that for Sicomines, the Katangese mines have been a cash machine: 10 billion dollars.
The Congolese president goes on the offensive with Beijing
A task force within the framework of an ad hoc commission made up of ministers, the presidential cabinet and members of civil society resulted a week ago in a document that we were able to consult.
It was designed as a basis for negotiations with Beijing.
First lesson: Kinshasa wants to reverse the shareholder balance of power within Sicomines and go from 32% currently held by Gécamines to 70% for the public company and the Congolese authorities
It is the key idea of renegotiation that seems to be in view during this state visit.
Even if sources contacted by RFI within the delegation present in Beijing affirm that it is rather necessary to rebuild the Sino-Congolese relationship.
The pressure is immense on the Congolese authorities.
The Congolese company which has been denouncing this Chinese contract for more than ten years, the Westerners, the Americans and the Europeans or even the Extractive Industries Transparency Initiative (Itie) everyone is pushing for Kinshasa to remain within this framework of negotiations.
Welcoming the government's initiative to want to renegotiate, it is also really essential to put in place guarantees to ensure that in the end these negotiations are beneficial to Congo and to the state-owned company", indicates Jean-Pierre Okenda
Towards compensation?
The DRC could claim 2.2 billion dollars as required in this negotiation document.
Still, for another Congolese civil society actor, Jean-Claude Mputu of Congo Not for Sale, the timing is far from trivial: "The strongest weapon of Congolese power is its mineral wealth , in particular strategic minerals for the energy transition.
So all the means are good to use it, for electoral reasons [...] because we realize that the West is very observant on the elections, we should perhaps avoid putting too much pressure on China, and at least have an ally for the last few months.
Beyond this contract, Kinshasa clearly comes to find support.
After the bilateral meeting earlier with President Xi Jinping, Felix Tshisekedi will go tomorrow to Norinco, an arms dealer, then to Huawei in Shenzen on Sunday before leaving Hong Kong at the end of this State visit.
mediacongo
Frank
Top 20
China opposes interference by external forces in internal affairs of African countries
Faced with Westerners who act as “world policemen”, China presents itself as a reliable partner and respectful of the sovereignty of other States, “willing” to work with Africa to firmly safeguard the legitimate rights and interests of everyone.
The Middle Kingdom resolutely opposes the interference of external forces in the internal affairs of African countries and the creation of clashes and conflicts in Africa, Chinese Foreign Minister Qin Gang said on Thursday (May 25th). , during the reception organized in Beijing on the occasion of the celebration of Africa Day, in the presence of the Foreign Ministers of the DRC and Ethiopia.
Rather, China says it supports the African side in its independent response to security, development and governance challenges, and actively promotes the implementation of the "Horn of Africa Vision for Peaceful Development".
“We appreciate the African side's maintaining of a just stance and adhering to the one-China principle, and we are willing to further strengthen mutual support with the African side on issues concerning sovereignty, development and peace, dignity of the other," said the State Councilor and Minister of Foreign Affairs of China.
Strengthening Africa's capacity to fight terrorism
China says it is willing to work with Africa to achieve common security.
Qin Gang assured that his country will continue to adhere to the concept of common, comprehensive, cooperative and sustainable security, will unite to implement the global security initiative proposed by President Xi Jinping.
In this context, Beijing intends to support the optimization of UN efforts to maintain stability and promote peace in Africa, and strengthen Africa's capacity to fight terrorism and maintain stability.
"China will appease burning issues in Africa and the world and encourage the international community to work together to address food and energy security, climate change and natural disasters, infectious disease prevention and control, and other non-traditional security challenges,” he stressed.
Membership of the African Union in the G20
The country Xi Jinping is in favor of the reform of the system of global governance to strengthen the presence of Africa in international institutions.
In this regard, China pledged to strengthen timely strategic communication with the African side on major international and regional issues, firmly support Africa's righteous proposals, translate the common demands of China and Africa in joint actions and jointly safeguard the common interests of developing countries.
"China will fully support South Africa in hosting this year's BRICS summit, continue to promote the G20 to include the African Union as an equal member, and continue to muster the mighty power of unity and revitalization of developing countries," said Qin Gang.
The Middle Kingdom also expressed its readiness to work with its African friends to continue to join hands and move forward courageously, to build a high-level Sino-African community with a shared future and to permanently create a better future for China-Africa relations.
mediacongo
Faced with Westerners who act as “world policemen”, China presents itself as a reliable partner and respectful of the sovereignty of other States, “willing” to work with Africa to firmly safeguard the legitimate rights and interests of everyone.
The Middle Kingdom resolutely opposes the interference of external forces in the internal affairs of African countries and the creation of clashes and conflicts in Africa, Chinese Foreign Minister Qin Gang said on Thursday (May 25th). , during the reception organized in Beijing on the occasion of the celebration of Africa Day, in the presence of the Foreign Ministers of the DRC and Ethiopia.
Rather, China says it supports the African side in its independent response to security, development and governance challenges, and actively promotes the implementation of the "Horn of Africa Vision for Peaceful Development".
“We appreciate the African side's maintaining of a just stance and adhering to the one-China principle, and we are willing to further strengthen mutual support with the African side on issues concerning sovereignty, development and peace, dignity of the other," said the State Councilor and Minister of Foreign Affairs of China.
Strengthening Africa's capacity to fight terrorism
China says it is willing to work with Africa to achieve common security.
Qin Gang assured that his country will continue to adhere to the concept of common, comprehensive, cooperative and sustainable security, will unite to implement the global security initiative proposed by President Xi Jinping.
In this context, Beijing intends to support the optimization of UN efforts to maintain stability and promote peace in Africa, and strengthen Africa's capacity to fight terrorism and maintain stability.
"China will appease burning issues in Africa and the world and encourage the international community to work together to address food and energy security, climate change and natural disasters, infectious disease prevention and control, and other non-traditional security challenges,” he stressed.
Membership of the African Union in the G20
The country Xi Jinping is in favor of the reform of the system of global governance to strengthen the presence of Africa in international institutions.
In this regard, China pledged to strengthen timely strategic communication with the African side on major international and regional issues, firmly support Africa's righteous proposals, translate the common demands of China and Africa in joint actions and jointly safeguard the common interests of developing countries.
"China will fully support South Africa in hosting this year's BRICS summit, continue to promote the G20 to include the African Union as an equal member, and continue to muster the mighty power of unity and revitalization of developing countries," said Qin Gang.
The Middle Kingdom also expressed its readiness to work with its African friends to continue to join hands and move forward courageously, to build a high-level Sino-African community with a shared future and to permanently create a better future for China-Africa relations.
mediacongo
While on the subject of Felix's visit to Beijing, I'm kinda encouraged by the lack of media coverage of lithium in general and Manono in particular.
While Manono was undoubtedly discussed in corridor meetings, that it failed to get traction in the media may be a positive. To me it indicates that neither the DCR government nor Zijin Mining/Jin Cheng Mining are on sufficiently solid ground to make a public statement. It seems they are prepared to let the ICC cases run their course, rather than precipitate an eye-watering damages claim by AVZ.
Just thinking out aloud
Welcome to the weekend. The blood-letting has stopped for a couple of days.
Cheers
F
While Manono was undoubtedly discussed in corridor meetings, that it failed to get traction in the media may be a positive. To me it indicates that neither the DCR government nor Zijin Mining/Jin Cheng Mining are on sufficiently solid ground to make a public statement. It seems they are prepared to let the ICC cases run their course, rather than precipitate an eye-watering damages claim by AVZ.
Just thinking out aloud
Welcome to the weekend. The blood-letting has stopped for a couple of days.
Cheers
F
Last edited:
From memory some posters were saying we were in negotiations which should be wrapping up about now?
Bin59
Regular
RDC - Chine : la visite de Félix Tshisekedi marquée par la signature de plusieurs accords
Il s'agit du mémorandum d'entente sur l'investissement et l'exploitation écologique des ressources naturelles, celui relatif à l'échange et la coopération en matière d'information mais également sur la coopération dans le développement de l'économie numérique
actu30.cd
DRC - China: Félix Tshisekedi's visit marked by the signing of several agreements, in particular on the investment and ecological exploitation of natural resources
May 26, 2023ByThe Editorial Staff
Visiting China since Wednesday, May 24, Congolese Head of State Félix Antoine Tshisekedi Tshilombo met with his Chinese counterpart Xi Jinping on Friday, May 26 at the Grand Palace of the People.
During this meeting marked by the solemnity including a parade of honor and the impact of 21 gunshots, the DRC and China signed 4 memorandums of understanding that are spread in various fields.
This is the memorandum of understanding on the investment and ecological exploitation of natural resources, the memorandum on exchange and cooperation in information but also on cooperation in the development of the digital economy.
To this is also added the memorandum of understanding on the promotion of the development of green growth and a Cooperation Agreement between the two national television channels, the CGTN of China and the RTNC of the DRC.
Head of State Félix Tshisekedi and his counterpart exchanged to strengthen their partnership, to create more opportunities for two countries.
Corneille Lubaki
Hoping to be all wrapped up before ICC hearing scheduled for the 2nd of July.
Frank
Top 20
China-DRC: head-to-head Félix Tshisekedi - Xi Jinping in Beijing marked by the signing of several agreements
President Félix-Antoine Tshisekedi and his Chinese counterpart, Xi Jinping, met this Friday, May 26, 2023 in Beijing on the new strategic partnership between the DRC and China.
Felix Tshisekedi was welcomed with all the honors this Friday on the esplanade of the great People's Palace in Beijing by his host, Xi Jinping.
National anthems, 21 cannon shots, brass band, military parade and children's greetings, to mark this state visit by the Congolese president.
Aid of 1 million USD for Kalehe
On this occasion, the Chinese President underlined his desire to consolidate “pragmatic cooperation” with the DRC.
He congratulated President Tshisekedi for his national and regional leadership in consolidating peace, development and stability in Africa and in the DRC in particular.
According to Xi Jinping, China will release an emergency aid of 1 million dollars to help the victims of Kalehe, victims of the torrential rains.
President Xi Jinping also expressed his willingness to develop bilateral cooperation.
"I am of the view that we need to create more opportunities between our countries and move bilateral relations towards a comprehensive strategic partnership," he said.
For his part, Felix Tshisekedi praised the great achievements made by China during the last ten years under Xi Jinping.
The Congolese President wished that the two countries take a new step in the partnership which unites them for the benefit of their respective peoples, while welcoming the values common to both countries.
Signature of 4 memoranda
The solemn ceremony this Friday was marked by the signing of 4 bilateral cooperation memoranda on:
investment and ecological exploitation of natural resources, information exchange and cooperation
cooperation in the development of the digital economy
promoting the development of green growth and
a cooperation agreement between the two national television channels, CGTN and RTNC.
Head of State Félix Tshisekedi and his delegation also took part in the dinner offered in their honor by the Chinese President in the evening.
This Saturday, he will be visiting Shanghai for economic meetings in this second Chinese city.
mediacongo
President Félix-Antoine Tshisekedi and his Chinese counterpart, Xi Jinping, met this Friday, May 26, 2023 in Beijing on the new strategic partnership between the DRC and China.
Felix Tshisekedi was welcomed with all the honors this Friday on the esplanade of the great People's Palace in Beijing by his host, Xi Jinping.
National anthems, 21 cannon shots, brass band, military parade and children's greetings, to mark this state visit by the Congolese president.
Aid of 1 million USD for Kalehe
On this occasion, the Chinese President underlined his desire to consolidate “pragmatic cooperation” with the DRC.
He congratulated President Tshisekedi for his national and regional leadership in consolidating peace, development and stability in Africa and in the DRC in particular.
According to Xi Jinping, China will release an emergency aid of 1 million dollars to help the victims of Kalehe, victims of the torrential rains.
President Xi Jinping also expressed his willingness to develop bilateral cooperation.
"I am of the view that we need to create more opportunities between our countries and move bilateral relations towards a comprehensive strategic partnership," he said.
For his part, Felix Tshisekedi praised the great achievements made by China during the last ten years under Xi Jinping.
The Congolese President wished that the two countries take a new step in the partnership which unites them for the benefit of their respective peoples, while welcoming the values common to both countries.
Signature of 4 memoranda
The solemn ceremony this Friday was marked by the signing of 4 bilateral cooperation memoranda on:
investment and ecological exploitation of natural resources, information exchange and cooperation
cooperation in the development of the digital economy
promoting the development of green growth and
a cooperation agreement between the two national television channels, CGTN and RTNC.
Head of State Félix Tshisekedi and his delegation also took part in the dinner offered in their honor by the Chinese President in the evening.
This Saturday, he will be visiting Shanghai for economic meetings in this second Chinese city.
mediacongo
Similar threads
