China

DR Congo renegotiated its minerals-for-infrastructure deal with China. The updated contract ensures Congo receives USD 324 mln annually for infrastructure projects until 2040, provided copper prices remain above USD 8,000 per ton. This revision underscores the critical relationship between resource-rich African nations and their financing partners, with the total value of the deal spanning from 2008 to 2040 now amounting to USD 7 bln.