Space Travel News  
AFRICA NEWS
DRCongo leader seeks review of mining deals with China
by AFP Staff Writers
Kinshasa (AFP) Sept 11, 2021

DR Congo President Felix Tshisekedi has called for a review of mining contracts signed with China in 2008 by his predecessor, saying he wanted to get fairer deals.

The central African nation is seeking what it says is a fairer share of its vast mineral wealth, much of which is plundered by rebel groups, militias and corrupt officials.

A statement after a cabinet meeting on Friday said Tshisekedi called for the "technical and financial details of Sino-Congolese contracts" at the next meeting.

"DRCongo is sorely lacking in infrastructure and this hampers its development," a statement following the cabinet meeting said, adding that the contracts signed with China in 2008 were aimed at financing giant infrastructure projects.

Former president Joseph Kabila, who held power from 2001 to 2019, negotiated a highly contentious agreement with the Chinese in 2008 - copper and cobalt in exchange for infrastructure for $9 billion.

But the deal was reduced to two thirds of that amount under pressure from the International Monetary Fund, which noted the severe impact it had on the country's finances.

To date, about $2.74 billion has been disbursed by the Chinese so far.

During a visit to the mining town of Kolwezi in May, Tshisekedi announced his intention to renegotiate mining contracts, particularly those concluded by his predecessor Joseph Kabila.

"It is not normal that those with whom the country has signed exploitation contracts are getting richer while our people remain poor," he said.

"It is time for the country to readjust its contracts with the miners in order to seal win-win partnerships."


Related Links
Africa News - Resources, Health, Food


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


AFRICA NEWS
Nigeria extends northern telecoms blackout as military hits bandits
Kano, Nigeria (AFP) Sept 10, 2021
Nigerian local authorities have extended a telecom shutdown in northwest Zamfara state to a neighbouring state as part of an ongoing military crackdown on gangs behind a series of mass kidnappings, an official said Friday. Nigerian security forces in Zamfara last week began one of their largest recent operations against the armed gangs, known locally as bandits, in an attempt to halt the surge in violence. Looking to disrupt the armed groups' communications, the country's telecoms regulator also ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

AFRICA NEWS
AFRICA NEWS
Mars: Perseverance rover takes a sample, Ingenuity notches 13th flight

NASA confirms Perseverance Mars rover got its first piece of rock

Ingenuity Mars Helicopter set to fly lower for detailed surface imaging

After six months on Mars, NASA's tiny copter is still flying high

AFRICA NEWS
German Space Agency Chief says will discuss Lunar base project with Roscosmos

Exchange of lunar samples between NASA, China unlikely in near future

NASA prompts companies for Artemis Lunar Terrain Vehicle Solutions

Xplore receives USAF contract to develop a commercial navigation and timing service for cislunar space

AFRICA NEWS
A few steps closer to Europa: spacecraft hardware makes headway

Juno joins Japan's Hisaki satellite and Keck Observatory to solve "energy crisis" on Jupiter

Hubble finds first evidence of water vapor on Ganymede

NASA Awards Launch Services Contract for the Europa Clipper Mission

AFRICA NEWS
The first cells might have used temperature to divide

Cold planets exist throughout our Galaxy, even in the Galactic bulge

New class of habitable exoplanets are 'a big step forward' in the search for life

Did nature or nurture shape the Milky Way's most common planets

AFRICA NEWS
ESA Council agrees resolution on Ariane 6 and Vega-C exploitation and future space transportation

Firefly Aerospace rocket Alpha explodes after California liftoff

DLR Lampoldshausen prepares P5 test stand for the technologies of the future

Firefly Aerospace rocket explodes minutes after first launch

AFRICA NEWS
Space exploration priority of nation's sci-tech agenda

New extravehicular pump ensures stable operation of China's space station

Chinese astronauts out of spacecraft for second time EVA

China's astronauts make spacewalk to upgrade robotic arm

AFRICA NEWS
Asteroid Ryugu in opposition to Hayabusa2

Planetary radar observes 1,000th near-earth asteroid since 1968

Geologists propose theory about a famous asteroid

Astronomer recruiting volunteers in effort to quadruple number of known active asteroids









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.