Massive DRC mining (and infrastructure) agreement with China

The Government of the Democratic Republic of Congo (DRC) today revealed the details of its mining agreement with China. In a statement to Parliament in Kinshasa, Infrastructure Minister Pierre Lumbi described the deal as “a vast Marshall Plan for the reconstruction of our country’s basic infrastructure. This contract is the foundation on which the growth of our economy is going to be built. It is going to generate tens of thousands of jobs directly or indirectly, with some 10,000 persons being employed directly in the first phase. (more…)