DR Congo signs $1.9 billion mining deal with UAE ...Kuwait

The United Arab Emirates signed a $1.9-billion deal with a state mining company in DR Congo to develop at least four mines in the African country's turbulent east, the Congolese presidency said Monday. Congolese President Felix Tshisekedi's office stated on Monday evening that an Emirati government delegation had signed a partnership worth $1.9 billion with Societe Aurifere du Kivu et du Maniema (Sakima) in the capital Kinshasa. The deal would see the "construction of more than 4 industrial mines" in the provinces of South Kivu and Maniema, according to the statement. Congolese parastatal Sakima has mining concessions containing tin, tantalum, tungsten and gold in the

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Last updated : 18 July 2023 clock 07:00 PM

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DR Congo signs $1.9 billion mining deal with UAE ...Kuwait

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