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DRC
Sicomines: the EITI aims to find out if the DRC is able to pay its debt to China

A copper and cobalt mine operated by Sicomines in the DRC. © JP/DH/Reuters

The Extractive Industries Transparency Initiative (EITI) will try to quickly discover if the mineral deposits mined by Sino-Congolese joint venture Sicomines are sufficent to enable the DRC to repay China's investment costs in the venture or if China should be given free access to other sites, as the agreement at the origin of the project provides. [...]

Published on 02/10/2020 at 05:00 GMT Reading time 3 minutes

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Mining

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DRC
China Machinery Engineering Corp
China Railway Group
Extractive Industries Transparency Initiative
Gecamines
International Monetary Fund
Moise Ekanga
Natural Resource Governance Institute
Sicomines
Sinohydro
Zhejiang Huayou Cobalt Co

China, DRC
Beijing scrabbles to rescue its reputation in DRC mining sector

China's supremacy in Congolese mining has recently been challenged by both the government in Kinshasa and by Washington's renewed influence in the DRC. Beijing, in a bid to counteract this trend, has overhauled its previous communications strategy to focus on transparency and human rights.

Subscribers only Mining 24.09.2021

DRC
Kinshasa seeks advisors on revising 'infrastructure for minerals' and other China deals

Felix Tshisekedi's inner circle, keen to renegotiate contracts signed with Beijing under ex-president Joseph Kabila, has consulted numerous law firms and advisory banks in what looks set to be a Herculean task.

Subscribers only Mining 14.06.2021

Spotlight | DRC
Tshisekedi seeks to renegotiate Kabila-era deals with China

The Congolese government is trying to renegotiate contracts signed with Beijing during the long reign of former president Joseph Kabila. Some of their terms are now deemed contrary to the national interest.

Subscribers only Infrastructure 05.05.2021

DRC's President Felix Tshisekedi meets with visiting Chinese State Councilor and Foreign Minister Wang Yi in Kinshasa.

DRC
Erik Prince wins key security contract from Chinese-Congolese joint venture Sicomines

Private security magnate Erik Prince's Frontier Services Group has just landed a major contract to protect the assets of Sicomines. The big Sino-Congolese mines-for-infrastructure joint venture is currently facing strong public criticism, as well as some perimeter security problems.

Subscribers only Infrastructure, Mining 01.12.2020

Erik Prince, head of Frontier Services Group.

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

The arrival of Chinese companies at copper-cobalt deposits in the DRC and Zambia has upset traffic on mineral evacuation routes. They are forcing road transporters to contend with extremely low prices, leaving them no choice but to fight the terms of each new contract and redistribute market shares among the African ports.

Subscribers only Mining 02.11.2020

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DRC
China Machinery Engineering Corp
China Railway Group
Extractive Industries Transparency Initiative
Gecamines
International Monetary Fund
Moise Ekanga
Natural Resource Governance Institute
Sicomines
Sinohydro
Zhejiang Huayou Cobalt Co

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DRC
Sicomines: the EITI aims to find out if the DRC is able to pay its debt to China

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Set up email notifications for these topics

China, DRC
Beijing scrabbles to rescue its reputation in DRC mining sector

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In Focus | DRC, Southern Africa, Zambia
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About Africa Intelligence

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Indigo Publications' websites

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DRC Sicomines: the EITI aims to find out if the DRC is able to pay its debt to China

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Set up email notifications for these topics

China, DRC Beijing scrabbles to rescue its reputation in DRC mining sector

DRC Kinshasa seeks advisors on revising 'infrastructure for minerals' and other China deals

Spotlight | DRC Tshisekedi seeks to renegotiate Kabila-era deals with China

DRC Erik Prince wins key security contract from Chinese-Congolese joint venture Sicomines

In Focus | DRC, Southern Africa, Zambia Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

DRC Moïse Ekanga can stay senator and head of Sino-Congolese Programme coordination bureau

DRC Busanga dam construction hits home stretch

DRC The rush on cobalt endangers Busanga dam build

DRC Discreet negotiations with IMF

Sicomines debts reach $2.56 billion

DRC With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

DRC South Kivu governor courts Chinese investors

DRC Sinohydro builds hydro power dams in return for copper

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

DRC
Sicomines: the EITI aims to find out if the DRC is able to pay its debt to China

China, DRC
Beijing scrabbles to rescue its reputation in DRC mining sector

DRC
Kinshasa seeks advisors on revising 'infrastructure for minerals' and other China deals

Spotlight | DRC
Tshisekedi seeks to renegotiate Kabila-era deals with China

DRC
Erik Prince wins key security contract from Chinese-Congolese joint venture Sicomines

In Focus | DRC, Southern Africa, Zambia
Truckers in the Copperbelt forced to re-enact Mad Max at the hands of the Chinese

DRC
Moïse Ekanga can stay senator and head of Sino-Congolese Programme coordination bureau

DRC
Busanga dam construction hits home stretch

DRC
The rush on cobalt endangers Busanga dam build

DRC
Discreet negotiations with IMF

DRC
With Lualaba Copper Smelter, CNMC takes early hold of ERG copper

DRC
South Kivu governor courts Chinese investors

DRC
Sinohydro builds hydro power dams in return for copper