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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
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