Stroking is good for the heart muscle..........
That is , if you get lucky, getting a hold of a good biomechanic is hard to find........or inclined...
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Stroking is good for the heart muscle..........
That is , if you get lucky, getting a hold of a good biomechanic is hard to find........or inclined...
JAG
Top 20
Frank
Top 20
Climate: country-solution or country with problems without solution?
Issue.
Who does not remember?
A whole lesson in primary school.
The challenge was to find the answer.
In consecrated jargon, the solution.
With the existential challenge linked to the climate, here is the DRC donning the costume of “solution country”.
Not without reason.
Owner of more than 60% of the Congo Basin, the country of Lumumba is part of one of the three "lungs" of the world.
Country-solution, so it makes sense.
The problem is that you can be a solution for the whole world and still be a problem for yourself.
Such is the Rd-Congolese enigma.
A paradox as old as Jules Cornet's quote that “the Congo is a geological scandal”.
Drawn up at the end of the 19th century, this observation by the Belgian geologist has not aged in the slightest.
The Congo has always been a solution country.
Uranium, diamond, copper, cobalt, coltan and last but not least lithium!
So many hyper-strategic minerals that have ended up sticking to Congo's skin the enviable status of "solution country" not without making people envious.
Country-solution, the DRC has always been.
It is even his vocation.
The question, like Cicero in the Catilinaires, is that of knowing until when the Congo will remain a “country of solutions” without solving its own problems.
A snub to Albert Einstein for whom “every problem has its solution”.
The risk therefore is to see Kinshasa content once again and even too much with the policy of proclamation or display with its new mascot “pays solution”.
And to go from summit to summit without this asset really benefiting the Congolese.
Morality, the solution to the Congolese problem is that before truly being a "solution country", it is important to first stop being a "problem country".
This is our problem.
mediacongo
Frank
Top 20
Jules Alingete: “our country was not plundered by the illiterate but by all its crooked intellectuals…”
Although the Democratic Republic of Congo has several thousand intellectuals, they have not worked for the development of the country despite the advantages some have received from the Congolese Government.
This is the alarming observation made by the Inspector General and head of the General Inspectorate of Finance (IGF), Jules Alingete, in a message broadcast on Thursday August 10, 2023.
This observation by Jules Alingete is based on certain contracts signed by those who call themselves “Sons of the country” which have caused a disadvantage for the country to the detriment of individuals.
Allusion made to the Chinese contract signed in 2008.
According to the General Inspectorate of the IGF, Congolese intellectuals do not carry within them the true light that is supposed to enlighten society.
On the other hand, they are a brake on the development of the Democratic Republic of Congo.
“If you analyze the Chinese contract, you will realize that the Congolese intellectual is an obstacle to the development of the country.
Because, by his pen, the Congolese intellectual can kill millions of Congolese and you will realize that our country was not plundered by the illiterate but rather by all its crooked intellectuals who caused enormous damage.
When they sign contracts, they put in the provisions such that revisiting the contract poses serious problems; there are contracts where it is clearly stated that when there are disputes in the execution of the said contract, the courts empowered to decide are the courts of foreign countries and this poses serious problems.
That's condemning the Republic, so it's disgusting that the Republic once trained intellectuals for free, but then they stabbed the Republic in the back “, lamented Jules Alingete.
According to a press release dated August 8, 2023, the Observatory of Public Expenditure (ODEP) called, in the context of the economic disaster caused by the Chinese contract, the authorities to prosecute all those who favored the looting of the resources of the Democratic Republic of Congo by foreign companies.
Jules Alingete also invited those who are supposed to bring light in society to become aware of their role in society and to serve like the lighthouses of Alexandria and to renounce any project that could lead to the immediate destruction or progressive society.
mediacongo
Last edited:
Scoota30
Regular
oxxa23
Regular
Why be a cock?
Azzler
Top 20
Sorry to hear you're so down Mate.
Samus
Top 20
No more plundering: Can Africa take control in green mineral rush?
A part of the Tilwizembe, a former industrial copper-cobalt mine now occupied by artisanal miners, is seen outside of Lualaba Province in the Democratic Republic of Congo, in 2016 | REUTERS
BY KIM HARRISBERG, JOANNA GILL AND BUKOLA ADEBAYO
THOMSON REUTERS FOUNDATION
SHARE
Jul 19, 2023
JOHANNESBURG/LAGOS/BRUSSELS – From Zimbabwe's lithium-rich rocks to Democratic Republic of Congo's cobalt, minerals critical for clean energy technologies are increasingly in demand from Africa's trade partners as part of the global green transition from planet-warming fossil fuels.
Yet on a continent long blighted by the so-called "resource curse" — whereby nations rich in oil or gold, for example, have failed to convert this into wider prosperity — governments have increasingly restricted or banned mineral exports in recent years in a bid to boost processing and retain more of the gains.
This strategy could backfire, however, by deterring foreign investment, several analysts said.
The European Union (EU), meanwhile, has voiced concern about growing export restrictions in Africa on critical minerals used in renewable and low-carbon technologies — from batteries for electric vehicles (EVs) to wind turbines.
More than a dozen African nations — including the Democratic Republic of Congo (DRC), Nigeria and Namibia — have restricted such exports intermittently or banned them outright, according to research published in May by the Africa Development Forum.
Former Nigerian mines and steel development minister Olamilekan Adegbite, who spearheaded a raw-ore export ban in the country in 2022, said African nations were calling for an end to the "plundering (of) the continent for raw materials."
Artisanal miners stand in a shaft in Kamilombe, near the city of Kolwezi, in southeastern Democratic Republic of Congo, on June 20. The Democratic Republic of Congo produces over 70% of the global supply of cobalt. The metal is a critical component of batteries and seen as key to the renewable energy transition. Most of the central African country's cobalt is produced by industrial mines, but the it also has hundreds of thousands of informal diggers who toil in hazardous conditions. | AFP-JIJI
Despite being a major crude oil producer, Nigeria is heavily dependent on imports from overseas refineries. Adegbite said the ore ban, which incentivizes local processing or refining before exporting, aimed to avoid the same issue in the mining sector.
"Bring the industries to Africa so that our people can be employed," said Adegbite.
As demand grows for such minerals for the energy transition, so are calls for export controls or bans in Africa — with the aim of moving beyond just mining and bringing more of the supply chain — and ensuing value and profits — within the continent.
Between 2017 and 2022, the energy sector was the main driver behind a tripling of demand for lithium, while demand for cobalt grew by 70% and nickel rose by 40%, according to a report released in July by the International Energy Agency (IEA).
But analysts at the Natural Resource Governance Institute (NRGI), a non-profit policy institute, warned that blanket bans on critical mineral exports alone would not suffice to support the continent's much-needed economic growth.
Without mineral processing infrastructure such as a battery value chain and strong frameworks to ensure tax revenues are used effectively, African nations could put off trade partners and limit investment into the mining sector, the analysts said.
"It's an understandable strategy, but it's a risky one," said Thomas Scurfield, a senior Africa economic analyst at NRGI.
Armed soldiers stand guard as Zimbabwe’s President Emmerson Mnangagwa commissions the Prospect Lithium mine and processing plant in Goromonzi, Zimbabwe, on July 5. | REUTERS
"I think it has to be backed up by analysis of the specific mineral ... and then a strategy of how to actually make it work (for local benefit)," he said.
But there is now a chance to buck the trend on the continent as the world "turns an eye on Africa's minerals," Olang added.
Africa has 30% of the world's mineral reserves, many of which are needed for the green transition, including cobalt in DRC, manganese in South Africa and lithium in Zimbabwe, the South African Institute of International Affairs (SAIIA) said.
Minerals like cobalt, lithium and manganese are vital for battery performance, copper is integral for all electricity-related tech, while rare earth elements such as neodymium are used in permanent magnets that power EV motors and turbines.
A women demontrates an XRF gun used to determine the purity of ore in a trading depot in the artisanal copper-cobalt mine of Kamilombe, near the city of Kolwezi in southeastern Democratic Republic of Congo, on June 20, 2023. The Democratic Republic of Congo produces over 70% of the global supply of cobalt. The metal is a critical component of batteries and seen as key to the renewable energy transition. Most of the central African country's cobalt is produced by industrial mines, but the it also has hundreds of thousands of informal diggers who toil in hazardous conditions. | AFP-JIJI
DRC has banned exports of copper and cobalt concentrate intermittently since 2013 to encourage domestic processing, but it has issued regular waivers to the ban.
For export bans to really benefit African nations, however, governments would have to shift processing power — and ownership of it — locally, and make use of their renewable energy capacity to power it too, according to the NRGI analysts.
Only a tiny fraction of Africa's mineral reserves are processed on the continent, whereas China — the global leader in mineral processing — refines 73% of all cobalt, 40% of copper, 59% of lithium and 67% of nickel, said the SAIIA, a think tank.
Franklin Cudjoe, CEO of policy think tank Imani Africa, said enforcing blanket bans on exports without the local capacity and funding to process critical minerals was counterproductive.
He highlighted a 2022 deal between DRC and Zambia to set up special economic zones for EVs and batteries in both nations — backed by private and public funding — describing it as a model other African governments could explore in the shift from exporting to domestic processing.
The African Union and other regional bodies are developing an African Green Minerals Strategy, which aims to improve mining regulation and institutions, and build a more attractive investment environment, among other objectives.
"This is a piece of paper, but it is a very important one ... the important next step is how to translate that strategy into a practical one," said Olang of NRGI, emphasizing the importance of regional collaboration between African nations.
An EU commission spokesperson said recent moves by Namibia to ban some exports of critical minerals may violate bilateral trade instruments and World Trade Organization (WTO) law.
Felix Tshisekedi, President of the Democratic Republic of Congo speaks at a press conference after the G20 Compact with Africa conference at the Chancellery in Berlin in August 2021. | Getty Images / via Bloomberg
In June, the Namibian government banned the export of unprocessed lithium and other minerals, about eight months after signing a memorandum of understanding with the EU to develop its supplies of rare earth minerals, as well as renewable hydrogen.
The EU intends to follow developments closely and to have "constructive dialogue" on finalizing the EU-Namibia partnership on sustainable raw materials, the commission spokesperson said.
In response to the risk of supply disruption, the EU unveiled in March its Critical Raw Materials Act (CRMA), which aims to make the bloc less dependent on single suppliers by boosting domestic mineral industries in countries such as DRC.
The policy offers the EU an opportunity to work hand-in-hand with African countries on a more equal footing, said German EU lawmaker Nicola Beer, who is in charge of steering the bill through the legislative process.
"The EU should not act as moral authority, but offer interested countries a long-term raw materials and value chain partnership that offers more than unilaterally profitable agreements, such as those pursued by China or Russia," she said.
African nations should also be asking trade partners for help to improve tax policies and collection to meet welfare needs and fund renewable energy, said Scurfield of NRGI.
Ultimately, local investment is more important than trying to compete with China, according to Olang.
"Africa should not be bothered about China's processing," he said. "We should be bothered about how we utilize our minerals for the benefit of our people."
www.japantimes.co.jp
A part of the Tilwizembe, a former industrial copper-cobalt mine now occupied by artisanal miners, is seen outside of Lualaba Province in the Democratic Republic of Congo, in 2016 | REUTERS
BY KIM HARRISBERG, JOANNA GILL AND BUKOLA ADEBAYO
THOMSON REUTERS FOUNDATION
SHARE
Jul 19, 2023
JOHANNESBURG/LAGOS/BRUSSELS – From Zimbabwe's lithium-rich rocks to Democratic Republic of Congo's cobalt, minerals critical for clean energy technologies are increasingly in demand from Africa's trade partners as part of the global green transition from planet-warming fossil fuels.
Yet on a continent long blighted by the so-called "resource curse" — whereby nations rich in oil or gold, for example, have failed to convert this into wider prosperity — governments have increasingly restricted or banned mineral exports in recent years in a bid to boost processing and retain more of the gains.
This strategy could backfire, however, by deterring foreign investment, several analysts said.
The European Union (EU), meanwhile, has voiced concern about growing export restrictions in Africa on critical minerals used in renewable and low-carbon technologies — from batteries for electric vehicles (EVs) to wind turbines.
More than a dozen African nations — including the Democratic Republic of Congo (DRC), Nigeria and Namibia — have restricted such exports intermittently or banned them outright, according to research published in May by the Africa Development Forum.
Former Nigerian mines and steel development minister Olamilekan Adegbite, who spearheaded a raw-ore export ban in the country in 2022, said African nations were calling for an end to the "plundering (of) the continent for raw materials."
Artisanal miners stand in a shaft in Kamilombe, near the city of Kolwezi, in southeastern Democratic Republic of Congo, on June 20. The Democratic Republic of Congo produces over 70% of the global supply of cobalt. The metal is a critical component of batteries and seen as key to the renewable energy transition. Most of the central African country's cobalt is produced by industrial mines, but the it also has hundreds of thousands of informal diggers who toil in hazardous conditions. | AFP-JIJIDespite being a major crude oil producer, Nigeria is heavily dependent on imports from overseas refineries. Adegbite said the ore ban, which incentivizes local processing or refining before exporting, aimed to avoid the same issue in the mining sector.
"Bring the industries to Africa so that our people can be employed," said Adegbite.
As demand grows for such minerals for the energy transition, so are calls for export controls or bans in Africa — with the aim of moving beyond just mining and bringing more of the supply chain — and ensuing value and profits — within the continent.
Between 2017 and 2022, the energy sector was the main driver behind a tripling of demand for lithium, while demand for cobalt grew by 70% and nickel rose by 40%, according to a report released in July by the International Energy Agency (IEA).
But analysts at the Natural Resource Governance Institute (NRGI), a non-profit policy institute, warned that blanket bans on critical mineral exports alone would not suffice to support the continent's much-needed economic growth.
Without mineral processing infrastructure such as a battery value chain and strong frameworks to ensure tax revenues are used effectively, African nations could put off trade partners and limit investment into the mining sector, the analysts said.
"It's an understandable strategy, but it's a risky one," said Thomas Scurfield, a senior Africa economic analyst at NRGI.
Armed soldiers stand guard as Zimbabwe’s President Emmerson Mnangagwa commissions the Prospect Lithium mine and processing plant in Goromonzi, Zimbabwe, on July 5. | REUTERS"I think it has to be backed up by analysis of the specific mineral ... and then a strategy of how to actually make it work (for local benefit)," he said.
Can Africa shake the 'resource curse?'
Many mineral-rich African nations are known for experiencing a "resource curse," with bad governance linked to "corruption, environmental degradation, (and) human rights abuses," said Silas Olang, NRGI's Africa energy transition advisor.But there is now a chance to buck the trend on the continent as the world "turns an eye on Africa's minerals," Olang added.
Africa has 30% of the world's mineral reserves, many of which are needed for the green transition, including cobalt in DRC, manganese in South Africa and lithium in Zimbabwe, the South African Institute of International Affairs (SAIIA) said.
Minerals like cobalt, lithium and manganese are vital for battery performance, copper is integral for all electricity-related tech, while rare earth elements such as neodymium are used in permanent magnets that power EV motors and turbines.
A women demontrates an XRF gun used to determine the purity of ore in a trading depot in the artisanal copper-cobalt mine of Kamilombe, near the city of Kolwezi in southeastern Democratic Republic of Congo, on June 20, 2023. The Democratic Republic of Congo produces over 70% of the global supply of cobalt. The metal is a critical component of batteries and seen as key to the renewable energy transition. Most of the central African country's cobalt is produced by industrial mines, but the it also has hundreds of thousands of informal diggers who toil in hazardous conditions. | AFP-JIJIDRC has banned exports of copper and cobalt concentrate intermittently since 2013 to encourage domestic processing, but it has issued regular waivers to the ban.
For export bans to really benefit African nations, however, governments would have to shift processing power — and ownership of it — locally, and make use of their renewable energy capacity to power it too, according to the NRGI analysts.
Only a tiny fraction of Africa's mineral reserves are processed on the continent, whereas China — the global leader in mineral processing — refines 73% of all cobalt, 40% of copper, 59% of lithium and 67% of nickel, said the SAIIA, a think tank.
Franklin Cudjoe, CEO of policy think tank Imani Africa, said enforcing blanket bans on exports without the local capacity and funding to process critical minerals was counterproductive.
He highlighted a 2022 deal between DRC and Zambia to set up special economic zones for EVs and batteries in both nations — backed by private and public funding — describing it as a model other African governments could explore in the shift from exporting to domestic processing.
The African Union and other regional bodies are developing an African Green Minerals Strategy, which aims to improve mining regulation and institutions, and build a more attractive investment environment, among other objectives.
"This is a piece of paper, but it is a very important one ... the important next step is how to translate that strategy into a practical one," said Olang of NRGI, emphasizing the importance of regional collaboration between African nations.
Concerns from the EU
Resource export bans by African nations have sparked concern in the EU as it seeks alternative mineral trade partners to China and Russia, in the race to become climate-neutral by 2050.An EU commission spokesperson said recent moves by Namibia to ban some exports of critical minerals may violate bilateral trade instruments and World Trade Organization (WTO) law.
Felix Tshisekedi, President of the Democratic Republic of Congo speaks at a press conference after the G20 Compact with Africa conference at the Chancellery in Berlin in August 2021. | Getty Images / via BloombergIn June, the Namibian government banned the export of unprocessed lithium and other minerals, about eight months after signing a memorandum of understanding with the EU to develop its supplies of rare earth minerals, as well as renewable hydrogen.
The EU intends to follow developments closely and to have "constructive dialogue" on finalizing the EU-Namibia partnership on sustainable raw materials, the commission spokesperson said.
In response to the risk of supply disruption, the EU unveiled in March its Critical Raw Materials Act (CRMA), which aims to make the bloc less dependent on single suppliers by boosting domestic mineral industries in countries such as DRC.
The policy offers the EU an opportunity to work hand-in-hand with African countries on a more equal footing, said German EU lawmaker Nicola Beer, who is in charge of steering the bill through the legislative process.
"The EU should not act as moral authority, but offer interested countries a long-term raw materials and value chain partnership that offers more than unilaterally profitable agreements, such as those pursued by China or Russia," she said.
African nations should also be asking trade partners for help to improve tax policies and collection to meet welfare needs and fund renewable energy, said Scurfield of NRGI.
Ultimately, local investment is more important than trying to compete with China, according to Olang.
"Africa should not be bothered about China's processing," he said. "We should be bothered about how we utilize our minerals for the benefit of our people."
No more plundering: Can Africa take control in green mineral rush?
Governments on the continent have increasingly restricted or banned mineral exports in recent years in a bid to boost processing and retain more of the gains.
Love it
Frank
Top 20
Japan wants to inject one billion US dollars in economic cooperation with the DRC
Japan wants to increase its trade with the Democratic Republic of Congo, especially in the mining sector.
This is the reason for the visit to Kinshasa by the Japanese Minister of Economy, Trade and Industry, Yasutoshi Nishimura, at the head of a strong delegation.
The Japanese Minister exchanged this Thursday, August 10 with the Deputy Prime Minister, Minister of National Economy, Vital Kamerhe, in his office.
Yasutoshi Nishimura announced that he had come mainly to examine, together with the Congolese authorities, the possibility of implementing the memorandum of understanding signed between Japan and the DRC represented by the Minister of Mines, Marie-Antoinette N' samba Kalambayi during his official mission to Tokyo in December 2022.
As the world turns to electric cars and renewable energies, the country of the rising sun, giant of this industry, turned to Africa, in search of minerals such as cobalt, lithium, copper etc.
Recognizing the vastness of the Congolese mining potential, Minister Yasutoshi Nishimura expressed Japan's desire to increase trade with the Democratic Republic of Congo in the mining sector.
He announced that his government is ready to mobilize a budget of one billion US dollars to increase this cooperation by extending it to other development sectors.
It should be remembered that in the DRC, Japanese startups are already working on solar energy, the urbanization of the capital Kinshasa, water supply, hydraulic energy and the Inga dam.
For his part, the Deputy Prime Minister, Minister of National Economy, Vital Kamerhe said he was in favor of strengthening economic cooperation between the DRC and JAPAN through large-scale beneficial projects and a win-win partnership. .
According to the boss of the National Economy, this cooperation should not only target mining, but also the transfer of skills, agriculture, the development of industries, health and education.
He reaffirmed the vision of the Head of State Félix Antoine Tshisekedi Tshilombo who advocates an improvement in the business climate to attract more investors to the DRC and the improvement of the living conditions of the Congolese.
According to Deputy Prime Minister Vital Kamerhe, Japan's support is necessary in particular for the revival of the Inga dam and the construction of other micro-dams, the fight against climate change and the materialization of the local development of 145 territories of the DRC.
Vital Kamerhe recalled the special relationship that the two countries have shared since the Mobutu years, the fruits of which are still numerous in the service of the Congolese today.
After the DRC, the Japanese Minister will travel to Angola, Namibia and Madagascar.
mediacongo
Japan wants to increase its trade with the Democratic Republic of Congo, especially in the mining sector.
This is the reason for the visit to Kinshasa by the Japanese Minister of Economy, Trade and Industry, Yasutoshi Nishimura, at the head of a strong delegation.
The Japanese Minister exchanged this Thursday, August 10 with the Deputy Prime Minister, Minister of National Economy, Vital Kamerhe, in his office.
Yasutoshi Nishimura announced that he had come mainly to examine, together with the Congolese authorities, the possibility of implementing the memorandum of understanding signed between Japan and the DRC represented by the Minister of Mines, Marie-Antoinette N' samba Kalambayi during his official mission to Tokyo in December 2022.
As the world turns to electric cars and renewable energies, the country of the rising sun, giant of this industry, turned to Africa, in search of minerals such as cobalt, lithium, copper etc.
Recognizing the vastness of the Congolese mining potential, Minister Yasutoshi Nishimura expressed Japan's desire to increase trade with the Democratic Republic of Congo in the mining sector.
He announced that his government is ready to mobilize a budget of one billion US dollars to increase this cooperation by extending it to other development sectors.
It should be remembered that in the DRC, Japanese startups are already working on solar energy, the urbanization of the capital Kinshasa, water supply, hydraulic energy and the Inga dam.
For his part, the Deputy Prime Minister, Minister of National Economy, Vital Kamerhe said he was in favor of strengthening economic cooperation between the DRC and JAPAN through large-scale beneficial projects and a win-win partnership. .
According to the boss of the National Economy, this cooperation should not only target mining, but also the transfer of skills, agriculture, the development of industries, health and education.
He reaffirmed the vision of the Head of State Félix Antoine Tshisekedi Tshilombo who advocates an improvement in the business climate to attract more investors to the DRC and the improvement of the living conditions of the Congolese.
According to Deputy Prime Minister Vital Kamerhe, Japan's support is necessary in particular for the revival of the Inga dam and the construction of other micro-dams, the fight against climate change and the materialization of the local development of 145 territories of the DRC.
Vital Kamerhe recalled the special relationship that the two countries have shared since the Mobutu years, the fruits of which are still numerous in the service of the Congolese today.
After the DRC, the Japanese Minister will travel to Angola, Namibia and Madagascar.
mediacongo
John25
Regular
TDITD
Top 20
Bloody hell my jaw just hit the floor on reading that headline, Jules is piling on the flattering false platitudes to Kibeya, can somebody please explain to Kibeya what an intellectual is?
So he can respond in his familiar lunatic fashion.
"I'm too clever for anyone to catch me doing my illegal deals as Cominiere DG, the audio doesn't count as that was AVZ's fault for not forwarding a special dividend to keep lights running and snacks plentiful, I'm ripping off the people of Manono for the good of my country"
Samus
Top 20
NEWSECONOMY
Planning Minister Judith Suminwa wants to make DR Congo the best investment destination in Africa
August 10, 2023Kiki Kienge
By Kiki Kienge
HE Madame Judith Suminwa , Minister of State and Minister of Planning of the Democratic Republic of Congo, in the vision of the Head of State, Félix Antoine Tshisekedi Tshilombo, wants to give back to the DR Congo one of these assets now lost, to become the main attraction of investors by the richness of its resources.
Before and even just after its independence, Congo Kinshasa was one of the most attractive countries for Western investors and even Eastern investors, Americans, French, Chinese, Japanese...
The largest country in Central Africa and second on the black continent, the DR Congo is also one of the largest exporters of minerals in the world such as cobalt, copper, uranium, coltan... and soon even the ingredient lithium. key to batteries, particularly for electric vehicles, the basis of the global energy transition.
The DR Congo could, of course with a certain political will, a good and honest organization of its state apparatus, one of the tourist center of Africa, exporter of electrical energy and agricultural products on the continent.
But here is the African giant with feet of clay, for decades floundering economically in the mud, following a not too Catholic management of the country by the powers that have succeeded at the head of the country.
Often rightly and wrongly, the DR Congo is described as a “geological scandal” country for its natural wealth, yet it remains one of the poorest states in the world where the population lives on less than US$1.5. per day.
Paradoxically, in the same country there are restaurants at US$300 a meal, a consumption of champagne that competes with rich countries, there is in particular a very small minority of people who are often involved in politics and according to the regime in place, s enrich without shame and even without wetting their shirts by working to become multimillionaires.
In reality, the Democratic Republic of Congo would be more than the image we have of it abroad, on the flow of investments and investors.
The DR Congo records a good quality of private investments, but which are almost all concentrated in the mining sector, more on cobalt, copper and gold. For China, for example, the Democratic Republic of the Congo has even become one of its development challenges. Mao's country is investing billions of US dollars there, even surpassing traditional trading partners, such as the United States, France or China. Belgium.
Unfortunately these investments only create wealth for these foreign investors, in particular only for a small class, which ranges from 2 to 5% at most of the Congolese population, often made up of politicians and courtiers all linked to the power in place, against a population that sinks more and more each year into a poverty that no longer has a name.
A challenge that the Minister of Planning, Judith Suminwa, wants to take up by launching the revitalization by her ministry of the business climate roadmap.
THE ANNOUNCEMENT OF THE MINISTRY OF PLAN
Minister of State and Minister of Planning Judith Suminwa Tuluka opened, Tuesday, August 8, 2023, in Venus village of Kinshasa, the work of the retreat of the Technical Group of Sectoral Experts on the Business Climate in the DRC.
Organized by the National Agency for the Promotion of Investments (ANAPI), these meetings focus on the evaluation and revision of the roadmap of government reforms on the business climate in the DRC.
Suminwa Judith praised the organization of this work which is part of the reforms initiated by the Government, under the leadership of the Head of State Félix Tshisekedi , for the improvement of the business climate and the promotion of entrepreneurship in the DRC.
The goal is to make the Democratic Republic of Congo an attractive land where there is legal and judicial security in the practice of business.
La ministre du Plan, Judith Suminwa veut faire de la RD Congo la meilleure destination d'investissement en Afrique - Kongo Presse
Le but étant de faire de la République Démocratique du Congo une terre attractive où règne la sécurité juridique et judiciaire dans la pratique des affaires.
kongopress.com
The best investment destination in Africa sounds a little ways off atm
TDITD
Top 20
‘We are disappointed’: Pies star out for SIX weeks in shattering blow as injury details revealed
‘We are disappointed’: Pies star out for SIX weeks in shattering blow as injury details revealed
www.foxsports.com.au
Similar threads
