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DR Congo and the UAE engage on a 2 billion USD mining agreement

A mining agreement between the Democratic Republic of the Congo (DRC) and the United Arab Emirates (UAE) would see the exploitation of the 3Ts minerals (tantalum or coltan, tungsten, and tin) in the Kivu region of the country.

President Felix Tshisekedi was present for the signing ceremony between Primera Mining, an Emirati company contributing over 2 billion USD to the project, and the state-owned enterprise Societe aurifere du Kivu et du Maniema (Sakima SA).

The United Arab Emirates' Minister of State for Foreign Affairs, Sheilk Shakhboot Nahyan Al Nahyan, headed a team to the Congo that the Congolese President had already received.

Through the company Primera Gold, the alliance expands on current UAE mineral exploration efforts in the province of South Kivu.

"My love for the nation and the Congolese people comes first, in my opinion. Any initiative that helps the Congo change would be welcomed, according to Tshisekedi.

The president of the Democratic Republic of the Congo expressed the hope that this new alliance would mark the beginning of a transition for the people of the country, particularly for those in the east who need to benefit from the natural resources of their area.

Source :
Posted on :8/18/2023