Congo, My Precious. The Curse of the coltan mines in Congo

  • Published 1 year ago
  • 7

The Democratic Republic of Congo in Africa is one of the world’s most resource-rich countries in the world. Diamonds, gold, uranium, and many other rare minerals are a commodity in Congo.

All of the resources found in Congo command high prices in world commodity markets, giving Congo a potential to be one of the richest and wealthiest countries in the world. But what happens is the total opposite.

Congo lives in poverty, and the huge reason for that is the policy. Since the 1980s, poverty has worsen in the country, and now half of the country’s people live below the poverty line. The irony is that the total mineral wealth of the country is estimated to be $24 trillion, which is the GDP of Europe and the United States combined.

For years now, journalists and media have made documentaries regarding poverty in Congo. But what is most disturbing is seeing children aged 10 and younger working in the cobalt mines. Despite the copious deposits of raw materials in high demand, Congo remains one of the poorest countries in the world.

From Around the Web

Related Videos

Short
the mechanic student film
youtube icon
13:26
New

You cannot identify a hero from the outside. You cannot know someone is a hero just looking at him. Of course, unless he wears a wicked costume like DC and Marvel heroes.But ...

  • 53
  • 1 day ago
  • Not Rated

Governments all around the world are always trying to achieve that elusive dream of free trade. What is free trade? It is a trade policy that does not restrict imports or exp...

  • 290
  • 3 weeks ago
  • Not Rated

Rolls-Royce has built a reputation for excellence since the company was founded in 1906. Since then, they have made a couple of “most expensive cars”. Well, now, for the ...

  • 243
  • 1 month ago
  • Not Rated
Social
wood carving tradition
youtube icon
04:55

Wood carving is a form of woodworking by means of a cutting tool in one hand or a chisel by two hands or white one hand on a chisel and one hand on a mallet, resulting in a w...

  • 210
  • 1 month ago
  • Not Rated
Avatar

3,948 Videos / 9,173,316 Views
Tags

Related Articles
According to the Constitution of Law, the emperor in Japan is “the symbol of the state and of the unity of the people...
  • 124
  • 1 week ago
Marcio Mizael Matolias lives on the most popular beach in Rio de Janeiro, and pays no rent because his home is a sand ca...
  • 281
  • 1 month ago
Mosuo tribe families consist of 10 or more members, but all of the real estate and property is in the hands of the woman...
  • 505
  • 1 month ago
According to a poll, Americans say you need an annual income of about $100,000 to be considered rich. In the poll, Ameri...
  • 383
  • 2 months ago