DRC launches PanAfGeo+ INVEST for mining reform
PanAfGeo+ INVEST DRC has officially been launched in Kinshasa, marking a major step in the country’s efforts to modernize and better manage its vast mineral wealth.
The new program is expected to help the Democratic Republic of the Congo improve its understanding, governance, and use of mineral resources through stronger data systems, better oversight, and increased investment opportunities.
Backed by the European Union and African geoscientific institutions, the initiative aims to strengthen mining governance, improve geological data, and attract responsible investment. Authorities see these goals as essential for building a more transparent, sustainable, and productive mining sector.
The launch of PanAfGeo+ INVEST also aligns with President Félix Tshisekedi’s broader vision of making mining a true engine of growth for the Congolese people, especially at a time when global demand for critical minerals continues to increase.
For the DRC, a country that holds a strategic place in the global energy transition, the initiative is about more than mineral extraction. It is also about control, long-term strategy, and creating greater value from national resources.
Speaking on the importance of the program, Minister of Mines Louis Watum said PanAfGeo+ INVEST would help transform the country’s natural resources into shared wealth rather than a lost opportunity.
The launch is being seen as the beginning of a new phase for Congo’s mining sector, one focused on turning mineral potential into real national power and development.
Writer: Mecamedia Africa
Read more: www.Mecamediaafrica.com
Tags: #DRC #PanAfGeoINVEST #Mining #Kinshasa #LouisWatum #EU #MineralResources #Investment