Activists demand new review of Congo, Chinese firms mining contracts
A general view of the processing facilities at the Tenke Fungurume mine, one of the world's largest copper and cobalt mines, in south-eastern Democratic Republic of Congo on June 17, 2023.
Almost a year after President Félix Tshisekedi renegotiated a mining contract between Chinese companies and the Congolese state, a new study shows that the government may, in fact, be losing more through tax exemptions granted to the firms.
The ‘Congo is not for sale’ coalition (CNPAV) voiced its concerns this week, revealing an imbalance in rider five to the Sino-Congolese Convention, signed on March 14, 2024 between the DRC and the group of Chinese companies.
