The Japanese Government undertakes to financially support the Democratic Republic of Congo (DRC) in the exploration of its subsoil. Indeed, during an exchange between the Deputy Minister of Mines of the DRC, Godard Motema, and the Japanese Minister of Economy, Trade and Industry, Nishimura Yasutoshi, financial support of approximately 1, $5 billion has been announced.
This collaboration between Japan and the DRC aims to quantify the market value of the various mineral deposits in the country. Japan is thus positioning itself in favor of the expansion of Japanese companies in the DRC, by providing a financial envelope of 1.5 billion dollars.
It should be noted that this agreement follows the extension of the Memorandum of Understanding between the Ministry of Mines of the DRC and JOGMEC of Japan. This cooperation, which began in 2012, was renewed in 2018 for a period of five years, i.e. until March 2023.
The official signing of this new partnership between Japan and the DRC took place in a climate of good relations between the two countries. This collaboration aims to strengthen the Congolese mining sector through the exploration and analysis of satellite images.
This new initiative of the Japanese Government demonstrates its commitment to the economic development of the DRC. It will make it possible to explore the country’s mineral resources and better develop its economic potential.
This collaboration raises many hopes in the DRC, as it will open up new opportunities for the country in terms of investment, job creation and economic development. It will also contribute to strengthening bilateral relations between Japan and the DRC.
In conclusion, Japan’s financial support to the DRC in the exploration of its subsoil represents a major opportunity for the African country. This collaboration will make it possible to enhance the mining resources of the DRC and promote its economic development. It also opens up new prospects for investment and cooperation between Japan and the DRC