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

Apr 19, 2022 | Economics, Lifestyle, Social, Videos

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.

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Riyan H.