Economy of the Democratic Republic of the Congo
The economy of the Democratic Republic of the Congo has declined drastically around the 1980s, despite being home to vast potential in natural resources and mineral wealth; their gross domestic product is $69.474 billion as of 2023. During the last five reported years the exports of Democratic Republic of the Congo have changed by $15.2B from $13.3B in 2017 to $28.5B in 2022.
Kinshasa, capital and economic center of the Democratic Republic of the Congo
All aboard - a train from Lubumbashi arriving in Kindu on a newly refurbished line.
Mining industry of the Democratic Republic of the Congo
The mining industry of the Democratic Republic of the Congo produces copper, diamonds, tantalum, tin, gold, and more than 63% of global cobalt production. Minerals and petroleum are central to the DRC's economy, making up more than 95% of the value of its exports. The mining industry in the DRC mainly consists of private, large industrial mines, semi-industrial, and artisanal mines. While private sectors take on large operations, they rely heavily on artisanal mining for extraction of resources. These industries along with non-for-profit organizations are continuously changing their guidelines as the DRC becomes more and more desirable for their valuable minerals. Mining in the DRC took place beginning in the 14th century and is still very present today, with mass scale lootings halting many major projects. The main countries involved in the mining operations in the DRC are Canada and China along with 25 other international mines active in the area. While technological companies strive for sustainable production and consumption of their products using cobalt, this is often achieved by the work of artisanal mining in hazardous and unjust working conditions. The process of mining and extraction in any area has negative impacts on the environment and those living in it, however, the DRC has faced many acts of environmental injustice including child labor under fatal conditions, exploitation of laborers, and displacement.
A sample from the Kolwezi area with green colored Malachite containing copper and darker Heterogenite containing cobalt.
A large industrial copper mine in Kolwezi.
Artisanal miners mining wolframite and cassiterite in Kailo Territory.
Rough diamonds from the Democratic Republic of the Congo. Their yellow color is due to the presence of impurities which absorb blue light.