Gecamines

DR Congo probes missing $400M flagged by finance watchdog

The Democratic Republic of Congo’s justice ministry has ordered an investigation into the embezzlement of over $400 million from the state-owned mining company Gecamines.

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US pressures Congo to block Chinese Chemaf deal

Africa, World / Adlia

Congo’s state-owned mining company, Gecamines, is offering $1 million to acquire Chemaf’s cobalt and copper assets, a move aimed at preventing China’s Norinco from gaining further control over the country’s critical mineral resources.

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