China and Democratic Republic of Congo are discussing $7-billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second inaugural address in the capital, Kinshasa. Tshisekedi has been pushing for a restructuring of a 2008 $6.2-billion contract between the countries, which he says has provided little benefit to Congo. The original deal promised $3-billion in infrastructure projects paid for by proceeds from a copper and cobalt mine known as Sicomines.
China, DRC talking $7bn in finance, Tshisekedi says
2024-01-22T08:36:29+00:00January 22nd, 2024|