For the first-time ever the UK Department for International Trade (DIT) and the British Embassy Kinshasa will be hosting the UK Pavilion at DRC Mining Week in order to showcase and promote UK excellence across a number of linked areas and sectors, including mining, energy, infrastructure and agri-tech. DRC Mining Week is the largest mining and industrial platform, bringing together over 2,300 international professionals and local stakeholders from more than 50 countries, aiming to explore and showcase the vast investment opportunities.
Through the participation of a certain number of UK and DRC-based UK businesses, including METKA EGN, Weir Minerals Africa (Pty) Ltd , Malabar Group, CGW (Compass Green Worldwide), and Vodacom DRC, DIT will showcase British innovation and technical know-how in mining, energy (incl. renewable), agri-tech; as well as UK flexible financing solutions making buying from the UK easier and more attractive
With total market capitalisation of UK-listed mining companies in 2017 reaching US$425bn - more than any other financial market in the world - and US$1.3tr in finance raised for mining companies from banks and other financial institutions in London over the past 20 years, the UK remains a pioneer and world leader in providing innovative solutions to the greatest challenges facing the global mining industry.
The UK’s Regional Trade Director for Southern Africa, Elena Williams, commented:
“The DRC’s substantial untapped high-grade copper, gold, and cobalt reserves as well as diamond, tantalum and tin provide a huge opportunity for UK-DRC collaboration. The UK stands ready to support DRC stakeholders with its expertise and capabilities. DRC Mining Week provides a great platform to facilitate new opportunities and connect British and DRC companies with potential business partners in the public and private sector. This further highlights the UK’s commitment towards DRC’s economic development”.
The British ambassador to DRC, John Murton, also added: “We are happy that UK companies have been able to participate for the first time in the DRC Mining Week. It shows that UK is an honest partner of the DRC, and wants to see it flourish. London is the world’s foremost centre for mining finance and will be key to helping firms operating in DRC to obtain the capital they require to finance investment. UK environmental legislation requiring all new vehicles sold in the UK to be zero-emission by 2040 means that the UK has a very direct interest in seeing the DRC mining sector prosper”.
For media enquiries, please contact
Alice Bafiala Mutombo
Communications Officer British Embassy DRC
Mobile: +243 (0) 81 556 6342
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