Beneath the grassy savanna or dense rainforest, DR Congo has some of the largest reserves of minerals and precious metals on earth, as well as extensive oil and gas reserves. Copper, cobalt and diamonds dominate DR Congo’s exports, making up over 90% of DR Congo’s economy.
Sadly, this exploitation of natural resources has also led to the exploitation of DR Congo’s population. The 92 million Congolese suffer some of the worst poverty on earth, and problems like corruption, low literacy and a lack of access to basics like clean water and healthcare are not helped by political instability and ongoing conflict between ethnic groups.
Much caution and understanding is needed for investing in DR Congo, with a lack of regulation and armed independent groups often controlling labour and even geographic areas. If these problems can be overcome, then the French-speaking Congolese workforce offers some extreme potential in terms of hiring.