VOICED: Copper regains shine in DRC

The video discusses the economic significance of copper in Katanga, southeastern Congo, highlighting the rise in copper prices and its impact on the local economy. It examines the effects of the global financial crisis and government interventions on the mining industry, leading to company closures and job losses. The Congolese government recognized the need to renegotiate contracts to better serve state interests. Improved relations between the government and industry have attracted foreign investors, boosting production. The DRC is also exploring diversification by seeking new materials like cobalt to mitigate future economic crises.

In what ways has the relationship between the industry and the government improved?

What steps is the DRC taking to diversify its sources of income?