DRC: Two Investigations into Corruption in Resource-Rich DR Congo Show Why It Stays So Poor
Jul 26, 2017
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Yomi Kazeem, Quartz
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The Democratic Republic of Congo (DR Congo) ranked 176 out of 187 on the latest United Nations Human Development Index and two new investigations have shed more light on why that’s the case. Despite being Africa’s biggest copper producer and the world’s leading source of cobalt with “up to $10 billion” worth of those minerals mined and sold abroad, an investigation by Global Witness, the anti-corruption charity, shows that “as little as 6%” of DR Congo’s annual mining exports reach the national budget.