Mining

DR Congo: 2013 ITIE report records USD 1.8 billion of contribution from the mining sector

Friday, 21 August 2015 16:25

Companies operating in the mining and oil sector, paid about USD 1.8 billion to the Congolese state, according to a 2013 ITIE report on this country with a huge potential attracting big mining and oil&gas companies.

The Katanga province is said to have collected USD 1.2 billion coming, for the most part from the mining sector which represents 70% of this particular sector in DR Congo. It is followed by the Kongo-Central province which collected, through the oil sector about USD 464 million, 20% of revenues. Some USD 62 million was collected in the Orientale province, against USD 20 million coming from the other provinces.

For the year under review, copper leads in the mining production ranking with a volume of 919,500 metric tonnes of copper.

On the same topic
Madagascar extended its energy emergency by 15 days to manage fuel supply disruptions. The government continues to cap fuel prices while...
Nigeria’s upstream regulator urges private refiners to acquire oil blocks to secure crude supply. Authorities promote vertical integration to...
Empower New Energy is building a 1.8 MWp solar plant with 2.5 MWh storage for a cocoa processing site. The project operates under a 25-year power...
Ghana ordered major miners to transfer operations to local contractors by December 2026. Authorities aim to build national mining champions capable of...
Most Read
01

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
02

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.