AGP Executive Report
Last update: 16 minutes agoMineral Supply Chains: A new report highlights child labor and dangerous conditions in the DRC’s artisanal cobalt mines, where an estimated 40,000 children work. Urban Growth: Kinshasa’s population is projected to grow 21% by 2050, as Luanda is forecast to overtake Lagos as Sub-Saharan Africa’s largest city. US Investment: Kinshasa is pressing Washington to turn its strategic partnership into delivered projects, jobs and skills transfer, with the Lobito Corridor, Grand Inga and mineral exports on the agenda. Power: SNEL is seeking investors for $12 billion in electricity projects over five years; mining companies need about 5,800 megawatts but receive less than half that amount from the state utility. Mining and Trade: A new geological survey will map nearly 700,000 square kilometres of the DRC, while Kinshasa and Dar es Salaam aim to expand trade and investment in mining, transport and agriculture. Copper Outlook: Ivanhoe Mines cut its 2027 Kamoa-Kakula production forecast by 19%, citing a slower-than-expected recovery from flooding.
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