Congo plans centralised mining agency
Democratic Republic of Congo is preparing a centralized agency for major mining investments under a US partnership. The reform aims to cut red tape and attract more foreign capital.
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Democratic Republic of the Congo is establishing a centralised mining investment agency to streamline approvals for major projects under its partnership with the United States's minerals initiative. The one-stop shop aims to cut bureaucratic delays and attract Western capital into a sector dominated by China-backed ventures. The reforms reflect growing global competition for the world's largest cobalt reserves and second-largest copper producer.
