The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy.
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03.09.21
African Business: Can Tshisekedi clean up DRC’s mining sector?
More than half the world’s deposits of cobalt lie beneath the lush forests that pepper the copperbelt in the southern Democratic Republic of Congo (DRC). The sought-after metal used in laptops, smartphones, and electric cars is expected to power the earth’s tech and climate transition. Yet despite boasting some of the world’s richest cobalt seams, the DRC realises very little value from its exports.
“Of the $300bn value chain associated with cobalt, the country that produces 70% gets 3%,” says development economist Carlos Lopes, former UNECA executive secretary…
