Not sure if this was posted yet. Again seems counter-productive as they block major western investments.
At the G20 Summit, Julien Paluku praises the energy potential of the DRC
By
Editorial KinshasaNovember 17, 2022 at 4:08 PM
On the sidelines of the G20 summit being held in Bali (Indonesia), the Congolese Minister of Industry, Julien Paluku argued that the DRC is a unique opportunity for the world in the energy transition caravan.
In a one-on-one with the French President, Emanuel Macron, Minister Julien Paluku invited French investors to invest in the DRC because, he underlined, "the DRC is full of enormous potential".
"French investors are therefore welcome in the Democratic Republic of Congo, Tshisekedi's country which is full of enormous potential in several constituent areas, thus an opportunity for the world in the energy transition caravan," he said.
During the exchanges with the French President Emmanuel Macron, Julien Paluku worked to lobby for the DRC, referring to the study carried out by the Bloomberg agency which indicates that the DRC is the best destination for the battery industry. and electric vehicles thanks to its strategic minerals including cobalt, lithium and manganese.
Also, the Congolese Minister of Industry spoke with John Morton, adviser to the Biden administration at the State Treasury Department, on the re-industrialization of the DRC through electric batteries.
The Minister of Industry, Julien Paluku has also requested the contribution of foreign partners in the materialization of the project to install the first electric battery manufacturing plant in Haut-Katanga.
Note that these meetings are part of the consolidation of the industrial diplomacy of the Democratic Republic of Congo.
The G20 is a summit bringing together the 20 most industrialized countries on the planet, extended to emerging countries, was organized under the theme: "Bali 2022: getting up together and stronger". But the exchanges are focused on the Russian-Ukrainian crisis and its consequences in Africa and in other continents.
David Mukendi
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