Country: Democratic Republic of the Congo
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Diana Chen, head of the Nigeria-based automotive group CIG Motors Limited, together with the DR Congo's Minister for Trade Julien Paluku announced a new deal to assemble cars in Kinshasa's Maluku Special Economic Zone. CIG will reportedly build the new ...
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Although the world is aware of the Chinese private sector’s growing influence in African markets, there is rarely any information on Chinese people’s experience being an entrepreneur on the continent. The Congo Online WeChat Account (微信公众号 刚果在线) - a WeChat channel ...
Chinese-Invested Portuguese Company Wins Crucial Logistics Concession in Angola
Portuguese construction major Mota-Engil outbid three Chinese state-owned companies, CITIC, Sinotrans, and CR20, to win a 30-year concession to operate the strategically important Lobito Corridor that connects the copper/cobalt belt in the southern DRC and northern Zambia with the port of Lobito in Angola. But ...
Chinese Weapons and Military Equipment Are Showing Up on the Battlefields of the Eastern DR Congo
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Maritime Issues Could Headline the Next High-Level Chinese Tour of Africa
China's most senior diplomat for Sub-Saharan Africa announced that Special Representative on African Affairs, Xu Jinghu, has kicked off an 8-nation African tour. The Foreign Ministry hasn't provided any information about her visit besides the itinerary (thanks to this map). Prominent Africa-China ...
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In 2021, Sino-Congolese relations were somewhat shaken when two major Chinese investments in the mining sector in D.R. Congo were questioned and investigated by NGOs and Congolese authorities. The Sicomines project was the target for some of this criticism. The ...
It Was a Bad, Very Bad Week For Chinese Mining in Africa
Two of China's largest and most important mining ventures in Africa encountered major problems this week. In Guinea, the government shut down the Sino-Australian joint venture to operate the massive Simandou iron ore mine, a major blow to Beijing's ambitions to ...
It’s Been a Downright Terrible Week For Two of China’s Most Important Mining Ventures in Africa
Two of China's largest and most important mining ventures in Africa, one in Guinea and the other in the Democratic Republic of the Congo, face the real possibility of being shut down after years of contentious relations with their local partners. ...
Forget Cobalt, Lithium is the Key Strategic Resource
Tesla's across-the-fleet price increase this month was due in part to supply constraints of key metals used to manufacture electric vehicle batteries, specifically lithium. While the price of cobalt and nickel have steadily fallen this year due to ample supplies from places ...
Why China Building a Small Power Plant in a Small Congolese Town is Such a Big Deal
A consortium of Chinese entrepreneurs based in Angola recently signed an agreement to build an electric power generation facility in the small Congolese city of Kenge, 269 kilometers west of the capital Kinshasa, according to Radio Okapi. Not much is known about ...
COVID Lockdowns Hit Cobalt Prices
Chinese cobalt prices fell about 13% from a peak in May as China’s ongoing COVID lockdowns hit demand for electric vehicles. The dynamic reveals a gap between the Chinese domestic price for the metal and how that price is calculated globally. The ...