Financial Times FT.com

Donors press Congo over $9bn China deal

By Barney Jopson in Kinshasa

Published: February 9 2009 19:14 | Last updated: February 9 2009 19:14

China’s biggest investment deal in Africa is faltering as western donors create pressure to renegotiate a minerals-for-infrastructure contract in the Democratic Republic of Congo valued at $9bn (€6.9bn, £6bn).

Under the deal, a consortium of state-owned Chinese companies agreed to build roads, railways, hospitals and universities in return for the right to develop a copper and cobalt mine.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this