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PoliticalUpdate🇨🇩Congo630d ago

The Minister of the Portfolio, Jean-Lucien Bussa, presented a recovery plan for the Bakwanga Mining Company (MIBA) at the Council of Ministers held in Kinshasa on Friday, August 23. This recovery plan, which will be funded to the tune of $70 million, has been validated by the government, in order to relaunch this company, once a pillar of the Congolese mining industry. Among the priorities mentioned in this recovery plan are the certification of mineral reserves, essential to attract investors and ensure the sustainability of activities. There is also security of concessions, often threatened by illegal exploitation. In addition, substantial investments should be directed towards improving production infrastructure, according to the minutes of the Council of Ministers. The recovery plan also emphasizes rigorous management of staff costs, accompanied by monitoring and evaluation ongoing to ensure effective execution of the strategies put in place. Other investments will complement these efforts, in order to strengthen the equipment and infrastructure necessary for the recovery of MIBA. The implementation of this plan requires funding of US $70 million. This investment will allow the

3.1/10·Radio Okapi (DRC)

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