Follow CGSP on Social Media

Listen to the CGSP Podcast

Chinese Embassy in DR Congo Dismisses State Auditor Report That Demands $17 Billion in Additional Infrastructure

STATEMENT TRANSLATION: We were astonished by the publication of the Chinese contract by the Financial Inspector General (IGF) of the DRC. We regret to note that the report, the content of which is full of prejudices, does not correspond to reality, cannot be considered as credible and has no constructive value.

The Chinese embassy in the Democratic Republic of the Congo blasted a report published late last week by the state auditor in Kinshasa that called for an additional $17 billion of infrastructure as part of a 2008 infrastructure-for-minerals deal.

In its report, the General Inspectorate of Finance (IGF) stated that the total value of the infrastructure in the Sicomines copper/cobalt deal should be increased from $3 billion to $20 billion.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.