“Economic integration of the Congolese in the value chain of the electric battery industry through innovative financial solutions” was the theme of the parallel round table that the Makutano think-tank organized on Tuesday, November 23, 2021 with the support of the United Nations Economic Commission for Africa (UNECA).
After more than two hours of deliberations, experts in the mining and electrical energy sector, mining companies, financial players, government, Géca mines, among others, have drawn the outlines of a challenge that is achievable but with enormous stakes.
For Mr. Vincent-Noël Vika Raissa Kikunda, Secretary General of EGC (General Cobalt Company) and an energy expert, the DRC will only be able to integrate itself in the electric battery value chain when it manages to settle its enormous electricity deficit. According to him, “the country will have to invest a billion dollars each year to hope to solve its electricity problem.”
Currently, the country, which in the past, supplied its immediate neighbors with electricity now buys the surplus production of Rwanda or Congo Brazzaville. A situation that the actors consider inconceivable given the invaluable resources available to the country.