In a 14 July press release carried by Bloomberg, the human rights activist group, Carter Center contends that the Democratic Republic of Congo should boost the integrity of mine contract negotiations before completing any of the 62 negotiations slated for this month. A major driver is that the third of world's cobalt reserves that lie in the African nation.
The news that China will lend the Democratic Republic of Congo $5 billion to rebuild its infrastructure in exchange for mining concessions should not be a surprise. It is in the pattern of China's 21st century engagement with Africa.
A number of large companies are sending intrepid explorers into the darkest corners of archives in an obscure Royal Museum for Central Africa to review the records, maps and rock samples brought back from the Congo by officials surveying Belgium's "acquisitions."