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Congo The Democratic Republic Of The Project Notice - Promoting Long-Term Economic Development In Mining


Project Notice

PNR 69700
Project Name Promoting long-term economic development in mining
Project Detail Integrated economic development in the mining sector II The Democratic Republic of the Congo (DRC) has a significant endowment of mineral reserves and natural resources. The country is Africa’s leading producer of copper and the world’s leading producer of cobalt. Additionally, DRC has extensive reserves of fossil fuels (oil and gas) along with precious metals such as gold and lithium. The extractive industry currently contributes more than 25 per cent to the country’s gross domestic product and makes up over 95 per cent of exports. As such, it provides almost a third of government revenues. In parallel to industrial mining, artisanal and small-scale mining has also become widespread. However, these generally involve arduous conditions, with little heed paid to responsible extraction techniques. Objective Mining contributes to the country’s economic and social development. It also reduces poverty among the Congolese population.
Funded By European Union (EU)
Sector Minerals and Mining
Country Congo The Democratic Republic Of The , Asia
Project Value Plz Refer Document

Contact Information

Company Name Federal Ministry for Economic Cooperation and Development (BMZ)
Web Site https://www.giz.de/en/worldwide/127188.html

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