At the recent conference in Lubumbashi, DRC leaders discuss how best to develop the country’s mineral wealth, while improving one of the highest poverty rates in the world

By Gavin du Venage, South African Editor

The Democratic Republic of Congo (DRC) hopes to walk the fine line between attracting mining investment with balancing the pressing social needs with which the country is faced. At the recent Katanga Business Meeting (KBM) conference held in Lubumbashi, the DRC business leaders and government officials put their heads together over how best to develop the country’s mineral wealth, but also focused on how to roll back one of the highest poverty rates in the world.

If it gets it even half right, the DRC could become a formidable economic force and the driver for development far beyond its borders. “The DRC is a vast country, the size of Europe,” said Costas Coursaris, CEO of Musal Communication and founder of the KBM. “It has huge untapped potential and can become a lever for Africa’s economic awaking.”
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