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Sparsely populated in relation to its
area, the Democratic Republic of the Congo (DRC) is
home to a vast potential of natural resources and mineral
wealth, its untapped deposits of raw minerals are estimated
to be worth in excess of US$ 24 trillion, yet the economy
of the DRC has declined drastically since the mid-1980s.
At the time of its independence in 1960, DRC was the
second most industrialized country in Africa after South
Africa; it boasted a thriving mining sector and its
agriculture sector was relatively productive. The two
recent conflicts (the First and Second Congo Wars),
which began in 1996, have dramatically reduced national
output and government revenue, have increased external
debt, and have resulted in deaths of more than five
million people from war, and associated famine and disease.
Malnutrition affects approximately two thirds of the
country's population.
Agriculture is the mainstay of the economy, accounting
for 57.9% of GDP in 1997. In 1996, agriculture employed
66% of the work force.
Rich in minerals, the DRC has a difficult history of
predatory mineral extraction, which has been at the
heart of many struggles within the country for many
decades, but particularly in the 1990s. The economy
of the second largest country in Africa relies heavily
on mining. However, much economic activity occurs in
the informal sector and is not reflected in GDP data.
In 2006 Transparency International ranked the Democratic
Republic of the Congo 156 out of 163 countries in the
Corruption Perception Index, tying Bangladesh, Chad,
and Sudan with a 2.0 rating. President Joseph Kabila
established the Commission of Repression of Economic
Crimes upon his ascension to power in 2001.
- wikipedia.org
We started some of the projects
at a very high level back in four years ago, but that
did not go anywhere. We think we added others who may
be ready for it. Bigger the country, it is difficult
to do any new ideas quickly.The small and large ideas
are coming and the plan is to be ready in two months.
DR Congo Electrical Power use is at 84 KWH per person
from a goal of say 5000 KWH per person. This means that
we have to add many projects to increase the level and
hence the projects will provide the right path for socieconomic
sustainability. The catch is to provide correct projects
to make them sustainable and provide decent living for
all. We at Grina have the methodology for such a program.
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