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FAST FACTS AFRICA: Democratic Republic of Congo
July 16, 2014 - 16:38 GMT
Democratic Republic of Congo
Democratic Republic of Congo (DRC) is in central Africa with a coastline on the South Atlantic Ocean, and is deemed to be one of the most mineral-rich countries in the world, with resources valued in excess of $24 trillion.
It contains 70% of the world's coltan, one-third of the
world's cobalt, more than 30% of the world's diamonds, and
about 10% of the world's copper. The country borders Angola,
Republic of Congo, Central African Republic, South Sudan,
Uganda, Rwanda, Burundi, Tanzania and Zambia, and covers
an area of 2.35 million sq km. The population is estimated to
be about 77.4 million, and French is the official language. GDP
growth forecast DRC's GDP growth is driven by mining,
agriculture and infrastructure investments, with forecasts for
2014 and 2015 of about 8.5% and 8.6%, respectively,
according to the African Economic Outlook 2014 report, up from
8.1% in 2013 and 7.2% in 2012. Mining has been the main driver
in the improved GDP, with many companies passing from
exploration into production. The country has a...
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