Democratic Republic Of Congo(DRC)
Population - The DRC population is estimated about 86.79 million, with an area of 2,344,857 sq km approximately 10 times the UK.
DRC is also a member of ECCAS (Economic Community of Central African States) which has a total population of approximately 121 million. The EECAS fundamental objective concerns the promotion and strengthening of harmonious cooperation and balanced dynamic development.
The DRC is a geological scandal as its mineral resources are important and diverse (copper, cobalt, coltan, gold, diamonds). The world’s leading producer of cobalt, a strategic raw material for the automotive industry, the DRC is also a major player for copper (1st African producer) and gold.
The mining sector contributes more than 80% of the country’s export earnings.
Copper - 1st African producer of copper about 672,272 tonnes in 2019 (5% of world production) and 5th in the world
Cobalt - 1st world producer of cobalt (60% of world reserves) with 74,000 T strategic ore (associated with copper or nickel) which used in manufacture of automotive batteries and which is exported almost entirely to China
Gold - Significant production located in the east of the country around 1,000 sites identified, the majority of the production is artisanal. Only 18 industrial companies are listed by the Ministry of mines. The official statistics are (442.16 Kg for artisanal and 30221.68 for industrial)
Diamonds - The DRC produced 15,131,209.75 carats of diamonds, including 1,591,02354 carats of diamonds from industrial production and 11,929,412.21 carats from artisanal production, according to data published by the Ministry of Mines. Together the DRC exported 15,635,447.46 carats of diamonds in 2018 representing a value of 188,483,063 USD
Coltan - Mainly artisanally mined in North and South Kivu, from coltant (Columbite-Tantalite), a rare metallic ore used for the production of electronic goods of mass consumption, such as mobile phones, laptops and video game consoles. The electronics industry reportedly buys 60-80% of the tantatile that is mostly smuggled
Zinc - 7,800 T produced in 2016, production is relatively low, and the country has a significant deposit of zinc.
Lithium and Uranium - The DRC has very large reserves in the province of Tanganyika. Surveys of various industrial groups, Chinese and Australian are underway for Lithium. No industrial exploitation yet at this stage
Varieties of resources including expenses Timbers like Mukula, the DRC is also part of to more than half of the African forest (The basin of Congo) alone represents 10% of the world’s biodiversity and the Congo River which has a flow rate 40,000 cubic meters per second, has remarkable potential to supply all of central Africa with electricity.
Experience & expertise
Four consultants based in Kinshasa, Goma, Lubumbashi with combined commercial experience of 27 years.
Understanding of local economy, business activities and culture gained through education and involvement in Mining, Export & Import, Supply, Real Estate (including relocation and estate services), Business advice, Local partner matching.
Knowledge of Lingala, Kikongo, Swahili, Tshiluba languages in addition to French, English and Russian at Business Competency level.
Established relationships with senior government and business leaders together with in-depth understanding of economic activities and the regulatory environment.
INVESTING in Mining sector, Agriculture sector with product of exportation such as (Cotton, Coffee, Cocoa, Tea and rubber), Energy sector, Transport sector, Industrial sector, Service sector such as (Micro finance, bank, insurance, supply etc)
ENHANCING LOCAL INFRASTRUCTURE - to support local community (Social Impact)
RESTORING/REHABILITATING mining sites for communities (Social Impact)
INDEPENDENT REPORT assessing local community relations and benefits (Social Impact)