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Congo, cobalt sfratta 100 thousand people from the South East of the Country: they say, The State 10 billion dollars, but the IMF does not believe

the VERONA - According to the political authorities of the province of Lualaba in the South East of the Democratic Republic of the Congo), the city of Kasulo,

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Congo, cobalt sfratta 100 thousand people from the South East of the Country: they say, The State 10 billion dollars, but the IMF does not believe
the VERONA - According to the political authorities of the province of Lualaba in the South East of the Democratic Republic of the Congo), the city of Kasulo, not far from Kolwezi, it should be dismantled, and its inhabitants transferred. You learn from the website of the Life. The reason is that the city is built above a mine cobalt – mineral required by the world market as it is used for the lithium batteries of smartphones and electric cars – the exploitation of which would enter into the coffers of the state tens of billions of dollars. And there would already be a plan in place for the relocation and compensation of about 100 thousand people, with a cost of $ 800 million.

The scepticism of the Monetary Fund. has declared to the agency France Presse, Richard Muyej, the governor of the province. He added that "the soil and subsoil does not belong to individuals but to the state," and that those who have a title of property are in fact "tenants on the soil of the state". Words disturbing, considering that this is an unstable state, with high rate of corruption and a political class that is inadequate. However, according to the governor, the proceeds of the reserves of cobalt in the mine of Kasulo are estimated at 100 billion dollars. The International Monetary Fund has described as "unrealistic" estimates of income for the state.

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