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
Just how far will the gold and silver rally go before prices cool off? It’s the question at the forefront for analysts, following a year of breakout...
China’s Fuhai Energy buys 40% stake in Equatorial Guinea gas block Fuhai to fund most exploration costs at Barracuda prospect Deal supports...
Activity reported at Heglig oil field amid fragile Sudan-South Sudan deal Teams prepare possible restart, pending security and agreement...
Gas flows restored on Lagos-Escravos line, boosting Nigeria power supply Explosion repairs allow gas-fired plants to gradually resume...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance...

NALA Secures Triple Licensing in Uganda, Accelerating East African Fintech Expansion
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.