DRC: UAE signs $1.9 billion deal with state-owned mining company
By:
Lysette NGALULA
On
18/07/2023Reading time:
12 min
Summary:
The United Arab Emirates have signed a $1.9 billion deal with a state-owned mining company in the Democratic Republic of Congo, the Congolese president said on Monday.
President Félix Tshisekedi announced Monday evening that a government delegation from the UAE had concluded the deal in
The partnership will see the development of at least four industrial mines in the troubled eastern regions of South Kivu and Maniema.
Sakima owns mining concessions in the region for tin, tantalum, tungsten and gold. The government did not say which minerals the deal concerns.
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DRC: UAE signs $1.9 billion deal with state-owned mining company
18.07.2023
12
minLysette NGALULA
The United Arab Emirates have signed a $1.9 billion deal with a state-owned mining company in the Democratic Republic of Congo, the Congolese president said on Monday.