A “financial fiasco”. “Unprecedented damage in history”. Were the Congolese authorities fooled during the initial negotiations? Why do the terms of the “contract of the century » haven’t they ceased to evolve over the years? Who benefited from the profits made? Have there been any hijacking attempts? For the Congolese, fifteen years following the signing of the convention, at the time when Joseph Kabila presided over the destiny of the country, the observation is bitter. The infrastructure promised by the Chinese side in exchange for the exploitation of cobalt et Congolese copper are non-existent, or almost. Jules Alingete, the head of the General Inspectorate of Finance (IGF), even speaks of “economic colonization”.
In an uncompromising report that Young Africa deciphers in computer graphics, the body he heads is claiming 20 billion dollars from the Group of Chinese Companies (GEC) which, with Gécamines, signed in 2008 the agreement giving rise in particular to the Sicomines.
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DRC-China: new standoff around the “contract of the century”