Congo deals threaten western aid supply

Base Metals Investing

Ft.com reports that the Western donors have begun withholding development aid from the Democratic Republic of Congo.

Ft.com reports that the Western donors have begun withholding development aid from the Democratic Republic of Congo.

The editorial is quoted as saying:

Congo has some of the richest mineral deposits in Africa. But commercial disputes have raised risk perceptions to “maximum”, according to Barclays Capital, while international arbitration could burden one of Africa’s poorest countries with billions of dollars in compensation claims, should Congo lose.

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