*After all these years of being told she was nothing more than an Ugly Duckling, It's great to see our beloved DRC Cinderella finally getting her Tin & Tantalum encrusted Spodumene Slippers on with a Ticket to the Ball.
*The Biggest Show in Town for the Biggest Lithium Mine around
*Check out this little Gem from Julien my friend, as
Julien Paluku: "The DRC is able to endow itself with a budget of $ 100 billion / year in the space of 4 to 5 years with oil"
You have to dream, because everything starts with the dream, ”they say. The President of the Republic Félix Antoine Tshisekedi and the entire government led by Jean Michel Sama Lukonde are keen to change the fate of the Democratic Republic of Congo and its people ”.
The statement is from Industry Minister Julien Paluku.
He did so yesterday during the government briefing that served as an announcement to the African business forum that Kinshasa will host from November 24 to 25, 2021, entitled "DRC AFRICA BUSINESS FORUM".
The Minister of Industry revealed that with its oil blocks in the Atlantic Ocean like those of lakes Albert and others, the DRC is able to acquire a budget of 100 billion dollars per year in the space of 4 to 5 years.
According to him, the Congolese oil potential is far greater than that of Angola, whose national budget has been in the billions of US dollars annually for several decades. This requires strong political will and innovative ideas.
He also hammered out that cobalt and lithium, strategic minerals in the manufacture of batteries and electric cars, could bring trillions of dollars to the DRC, provided that it is organized to be part of the process. production and dividend sharing.
Our country, according to the Minister of Industry, has all the assets to become, within a decade, an economic and industrial power, like the United States and China.
The great obstacle to its economic and industrial boom is insecurity, cleverly maintained by black hands to encourage the plundering of its national resources.
As usual, introduced by his colleague from Communication and Media and government spokesperson Patrick Muyaya Katembwe, the Minister of Industry briefly explained the merits and the advantages which the country could derive from this meeting which will bring together all the big names in the world, especially manufacturers and investors.
In his opening remarks, Julien Paluku recalled the plea that the Head of State had just made at the international climate conference in Glasgow in Scotland by demonstrating that the DRC is a "solution country" to global warming.
Before demonstrating that the country is also a "solution" when it comes to pollution-free industrialization thanks to renewable energies. Because, the country is full of strategic minerals such as cobalt and lithium which are used as raw materials in the manufacture of batteries and electric cars.
According to the Bloomberg study, the demand for these products is growing in the world and could reach by 2030, 150 million for electric cars.
And in terms of numbers, starting from a mere $ 40,000 electric car, there are some $ 8 trillion that could come out of the operation, manufacture and sale of batteries and electric vehicles.
An opportunity that the country will have to seize, especially since the same study shows that the Congolese market is emerging as the best destination compared to others already existing in the field of manufacture of batteries and electric cars such as those in the United States, China and Poland.
Hence, we will have to seize the opportunity through the African Business Forum in which all the greats of the world of industrialization and investment will take part.
Food for thought LeFool
Cheers
LeFrank
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