(3 Minutes Read)
Director General of the DRC’s Regulatory Authority Miguel Kashal Katemb invited the private sector from all over the world to invest in his country; but laid preference for those partners who aligned with its vision of sustainable economic growth.
Addressing investors at the 30th edition of the Mining Indaba forum in South Africa recently, Director General of the DRC’s Regulatory Authority Miguel Kashal Katemb invited the private sector from all over the world for investing in his country; but laid preference for those partners who aligned with its vision of sustainable economic growth. Miguel Kashal Katemb highlighted Canadian mining giant Ivanhoe Mines as an example of a modern investor.
He expressed confidence that with the right partners, there would be a role for everyone in the equitable distribution of the country’s mining riches. This approach resonates with President Félix Tshisekedi‘s agenda to foster job creation and entrepreneurial opportunities, he added.
The DRC’s Regulatory Authority for Subcontracting in the Private Sector is a vital link between mining investors and local Congolese companies. It facilitates market access and resource utilisation while ensuring equitable participation in the mining value chain.
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https://trendsnafrica.com/drc-resolved-controversial-mining-deal-with-china/
https://trendsnafrica.com/drc-president-sworn-in-for-second-term-promises-to-unite-people/
The DRC’s mining sector has faced challenges related to corruption, illegal exploitation and alleged pillaging by foreign states and companies, unsafe artisanal mining practices, and concerns over labour conditions among other issues. The nation’s untapped mineral wealth is valued at USD 24 trillion.
