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Tshisekedi Appears to Be Looking for an Exit to His Prolonged Standoff With Chinese Mining Companies
On Friday DR Congo President Félix Tshisekedi hinted during a meeting of the Council of Ministers (the DRC's cabinet) that he wants to bring an end to the ongoing dispute with Chinese mining companies over unfair contracts. The President
Author Erik Bruyland on Why No One Should Be Surprised That the Sicomines Deal Is Now a Huge Mess
It was once described as the "Deal of the Century" now, 13 years later, the Sino-Congolese joint venture known as Sicomines is the focal point of a bitter dispute over whether this $6 billion copper and cobalt venture was established on wholly unfair terms. ...
Congolese Ministers Deliver Mostly Favorable Report to President on Chinese Infrastructure
Two Congolese ministers delivered a largely upbeat assessment of the status of Chinese infrastructure projects tied to major mining contracts in a key report for President Félix Tshisekedi at the latest cabinet meeting on Friday. Infrastructure and Public ...
Update on the China-DR Congo Mining Contracts Dispute
After months of negative media coverage, Chinese mining companies in the Democratic Republic of the Congo are pushing back against the perception they aren't fulfilling their contractual obligations to provide social services and build infrastructure for the local communities where they ...
Chinese Stakeholders in the DR Congo Go On the Offensive in a Bid To Change the Narrative
Chinese mining interests in the DR Congo are now pushing back aggressively against the perception that they are unfairly exploit Congo's natural resources through unfair contracts, avoiding taxes, and not fulfilling corporate social responsibility commitments. The companies, many of which are ...
China’s Most Aggressive Foreign Ministry Spokesman Delicately Brushes Back Criticisms of Chinese Mining Companies in the DRC
The DR Congo government's move to review some of the multi-billion Chinese mining contracts surfaced as a topic on Monday at the Foreign Ministry's regular press briefing in Beijing where the often outspoken, sharp-tongued spokesman Zhao Lijian delicately addressed the issue.
Pressure From the Government & IMF Mounting on Chinese Mining Companies in the DRC
DR Congo President Félix Tshisekedi is again turning up the pressure on Chinese mining companies with his drive to re-evaluate mining contracts that were negotiated under his predecessor's tenure. During a Council of Ministers meeting on Friday, ...
Hichilema Calls For Mining Policy Review But Stays Mum on the Chinese
Zambian President Hakainde Hichilema (photo) called for a review of the country's mining policies on Friday in his first address to parliament since he assumed office last month. But for now, he's not proposing a Congolese-style review of foreign ...
The DR Congo Government Now Has Sicomines in its Sights as the Investigation Into Chinese Mining Contracts Advances
The Congolese government started its review of Chinese mining contracts trying to land a big fish, by launching a commission to investigate China Molybdenum's massive Tenke Fungurume (TFM) cobalt and copper mine in southern Lualaba Province. Now, the government ...
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.
Translation: A Storm is Approaching For Chinese Mining Companies in the DR Congo
The following is a translation of an article published on the Global Mining (世界矿业 )WeChat page on July 15, 2021. The purpose of translations like this is to provide English language readers with a more informed understanding of the civil society discourse about China-Africa relations that ...
NGO Report: DRC is the “Loser” in the Sicomines Mega-Mining Deal With China
The DR Congo will be saddled with debt and poor quality infrastructure as a result of the faulty 2008 deal between the state-run mining company Gecamines and a consortium of Chinese investors, according to a new report by the Kinshasa-based NGO African Resources Watch ...