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DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018

DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018
DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018
DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018
DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018

DRC Mining Week, Lubumbashi, DRC 14 - 15 June 2018

12 July 2018 | Posted in SACEEC News.

SACEEC Exhibits at DRC Mining Week 2018 

The SACEEC formed part of the South African National Pavilion at DRC Mining Week 2018. In total 25x SA companies formed part of the pavilion with several SA companies exhibiting independently. 

WHY DRC ?

  • The mining industry created over 375 000 job in the DRC 
  • 33% increase in diamond production in 2015, contributing to cooperative creation against artisanal mining
  • 32% of growth for gold production in 2015 (25806kgs)
  • Copper represented 89% of total production in 2015
  • The DRC contains almost 10% of the world’s reserves in copper.
  • The DRC detains 34 trillion USD worth of mineral resourses.
  • The country owns a ¼ of the global diamond resrves and is the largest in Africa.
  • With 45% of the global cobalt reserve, the DRC is the 1st largest producer in the world.
  • The agricultural sector continues to fulfil a prominent role in the DRC’s economy. The sector accounted for an estimated 20.6% of GDP in 2015 and employs at least 60% of the population.
  • Government’s current focus on building agro-industrial hubs to serve as a catalyst for growth and provide back and forward linkages in the sector could drive more inclusive growth.
  • DRC’s imports are dominated by electrical equipment, machinery and vehicles.
  • DRC has also courted China to invest in the energy sector. In June 2016, the Congolese government awarded a $660m contract for the construction of the 240MW Busanga hydro-electric project to a consortium of Chinese investors.

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