FILE PHOTO - An artisanal miner carries raw ore at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo, June 11, 2016. REUTERS/Kenny KatombeFILE PHOTO - An artisanal miner carries raw ore at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo, June 11, 2016.
Workers of a Chinese mining company extract cobalt in the southeast of the DRC. Cobalt is used for making lithium-ion batteries for smartphones and electric vehicles. The DRC has more than 70% of the world’s cobalt reserves.In 2008, the former DRC President, Joseph Kabila, signed a $6 billion infrastructure-for-minerals deal with Chinese firms. Under the deal, the Chinese firms were to build roads, dams, and hospitals in exchange for copper and cobalt.
“It started with our president going to America and openly stating that in this era of the post-cold war he will be on the side of America and Israel. So he made his position quite clear. So when he came back from there he announced that he was going to review all the contracts that the previous government signed with the Chinese.”
They all don't love Africa nor the African. All they are after is the resources that Africa is blessed with. Be careful, sons of Africa.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SABCNews - 🏆 37. / 51 Read more »