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In Characteristically Bombastic Fashion, PRC Embassy Says Chinese Companies in the DRC Are the Victims of “Rumors and Slander”

The Chinese embassy in Kinshasa rallied to the defense of its embattled mining companies in the DRC, blaming recent controversies on "individuals who have fabricated stories and spread false information to attack and denigrate, without scruple and without any foundation, Chinese companies to incite hostility."

Q&A: Why Now? The Domestic Politics Driving the DRC’s Review of Chinese Mining Contracts

Congolese President Félix Tshisekedi is fulfilling the promise he made last May to investigate foreign mining contracts to ensure they are fair and equitable. While the President did not single out the Chinese specifically, they're no doubt going to be disproportionately impacted given their outsized role in ...

Chinese Mining Giant Denies Media Reports Its Mining Contracts in the DRC Are Under Investigation

China Molybdenum Co. (aka China Moly), the world's second-largest copper and cobalt mining company, has denied reports that its contracts for the massive Tenke Fungurume Mine (TFM) in the Democratic Republic of the Congo are now under review by the government in Kinshasa. There is no "so-called investigation," 

WeChat Currency Scams Are Widespread Within the Chinese Expat Population in Africa

Last week we told you about how Chinese expatriates in Ghana were getting scammed by fraudsters posing as currency exchange dealers on WeChat. Now, victims of similar schemes from the Chinese diaspora in other African countries are gathering on various WeChat forums to share how ...

Tshisekedi Keeps Promise to Re-Negotiate Foreign Mining Contracts, Launches Investigation Into China Moly

DR Congo President Félix Tshisekedi is following through with his promise to review all foreign mining contracts, mostly with Chinese companies, to evaluate whether the deals that were struck during his predecessor's tenure are equitable.

Sino-Congolese Mining Venture Sicomines Launches Conveniently Timed Social Development Program

The Sino-Congolese mining company Sicomines held a signing ceremony on Saturday for one of its largest community development initiatives in the joint venture's 14-year history. The company will spend almost $12 million to upgrade the infrastructure and provide development assistance to local communities around its ...

Congolese Governor Orders Suspension of Six Chinese Mining Companies in South Kivu Over Environmental Violations

Théo Ngwabidje Kasi (photo), governor of South Kivu province in the Eastern DR Congo, ordered six  Chinese-owned mining companies to suspend operations in a bid to "restore order" after weeks of mounting tensions between the companies and the community. Three Congolese companies were also ...

Yet Another Social Media Video Revealing Tensions Between Chinese and Congolese Miners

In what's becoming an increasingly frequent pattern, another video appeared online on Sunday showing a heated exchange between a Chinese and Congolese miner. The video that is now circulating widely on Twitter, Facebook, and YouTube does not provide a lot of contextual information as to ...

Week in Review: Crime, COVID and Cables

The Facebook-led 2Africa undersea data cable initiative announced that it will add three more countries to its list of landing sites across Africa. Seychelles, Comoros, and Angola will all be connected to the billion-dollar, 37,000-kilometer cable that will connect Africa, Europe, and the Middle East. In what is ...

With Smaller, Targeted Loans, China Deploys New Development Finance Strategy in Africa

The huge state-owned power construction company China Three Gorges Corporation (CTG) signed a small $31.22 million contract last week to upgrade a pair of substations outside of the Ghanaian capital Accra. For a company as large as CTG a deal like this is financially insignificant, but it ...
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