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In partnership with the US Treasury, the central bank aims to create a local clearing system for dollar transactions, reducing reliance on correspondent banks abroad and speeding up transfers.
Robust Corflex pinch valves – which were designed and manufactured in South Africa by Corflex
Mbindule acknowledged that the DRC still faces challenges with certain “unfair contracts,” but clarified that these disputes do not involve the latest American entrants.
During the discussions, the ministers emphasized the importance of exchanging technical data related to oil and gas exploration and production in the Tanganyika Graben region.
This growth occurred despite DRC’s export suspension, which was initially enacted in February and extended through September.
The move aligns with a broader trend of Chinese investment in local mineral processing to extract greater value from raw materials mined in the DRC—one of the world’s richest sources of copper.
The Democratic Republic of Congo (DRC) has proposed an exclusive partnership with the United States,
Mining companies invested $130.7 million in exploration in the Democratic Republic of Congo (DRC) in 2024, according to a
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