Saturday, July 18

Industry and Trade

DRC Investment Summit Mining in DRC, Copper Mining in DRC, Cobalt Mining in DRC

The DRC investment summit is a creative tool used by the nation to attract global investment stakeholders. According to the summit organizers, the summit brings together international investors, businesses, developers, and policymakers to attract and retain investment, as well as discuss trends that influence economic growth in the DRC.

DRC is arguably one of Africa’s richest countries in terms of natural resources, but it still ranks lower in investment performance.

Furthermore, DRC’s Human Capital index is 0.3 percent below the SSA average of 4 percent.

DRC has the world’s third-largest human population of impoverished people, which the WB argued remains widespread and is increasing due to the impacts of the COVID-19 pandemic.

Consuming tea. Kenyan tea exports to Pakistan could reduce after a new government directive. www.theexchange.africa

Iqbal revealed that the South Asian country has been importing tea on credit, putting pressure on its economy, which faces a high inflation rate.

CNN reported that he urged his fellow citizens to consider reducing their drink intake by one or two cups daily.
“I appeal to the nation to cut down the consumption of tea by one to two cups because we import tea on loan,” the senior government official said.

The minister urged Pakistanis to avoid all products the country does not produce independently. The Observatory of Economic Complexity (OEC) noted that Pakistan was the largest importer of tea in the world in 2020.

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