{"id":10498,"date":"2023-01-31T16:49:48","date_gmt":"2023-01-31T15:49:48","guid":{"rendered":"https:\/\/rawbank.com\/la-banque\/?p=10498"},"modified":"2023-02-13T11:12:40","modified_gmt":"2023-02-13T10:12:40","slug":"la-banque-au-service-du-developpement-de-la-chaine-de-valeur-de-lindustrie-extractive","status":"publish","type":"post","link":"https:\/\/rawbank.com\/la-banque\/en\/la-banque-au-service-du-developpement-de-la-chaine-de-valeur-de-lindustrie-extractive\/","title":{"rendered":"DRC : Banking at the service of the development of the extractive industry value chain"},"content":{"rendered":"
The mining sector is a strategic market and is vital for the Democratic Republic of Congo (DRC). The country has mineral resources which are unmatched in the world: it is Africa\u2019s largest producer of copper and the world\u2019s biggest producer of cobalt. The economic impact of mining accounts for more than 25% of GDP. Over the years, numerous multinational companies have established themselves in the DRC and have contributed to the development of real value chains.<\/p>\n
Extractive industry value chains are connecting mining with other sectors. Their development is also shaped by the availability of local financing. In the face of exponential growth in demand for the minerals needed for batteries, financing needs are increasing both for exploration and operating companies.<\/p>\n