By: Sahit Muja:
RD Congo is the richest and most blessed country in the world with natural resources. Theclimate DR Congois equatorial tropical, with two rainy seasons including very high rainfalls, and hightemperatureyear round, unlimited green energy recourses, hydropower, wind, solar and thermal. Wealthiest country in the world on potential for green energy.
The Democratic Republic of the Congo, untapped mineraldeposits are worth over $35 trillion.
RD Congo has limitless water supply, richest fertile soil of any land in the world , beneath the soil abundant world class mineral deposits ofcobalt, gold,diamonds, petroleum, timber, potash, lead, zinc, uranium, copper, phosphates, gold, manganese, natural gas, coltan and derivates of niobium and tantalum, iron ore, lithium beryllium, rare earths (monazite, euxenite), niobium, tantalum (columbo—tantalite, pyrochlore),zirconium, titanium and germanium.
A mosaic of rivers, forests, savannas, swamps and flooded forests, the Congo Basin is the heartbeat of biodiversity in the world .
Ihave been workinghere for 29years in mining industry as CEO of Albanian Minerals Congo have been a epicenter of my focus of investment's and learning . Investing in publicly trading companies in Africa and Congo has open for me a window that is bringing light of knowledge in this amazing wealthy continent.
Albanian Minerals in cooperation with numerous institution's and geologists is working in fining mineral resources and opportunities in Congo.
According to research by Albanian Minerals : Congohas the largestcobalt reservesin the world, with potential reserves over 10 million metric tons as of 2021. Cobalt is an essentialmineralused for batteries in electric cars, computers, and cell phones.
The world's largest reservesof coltan, 80 percent of globalreservesofcoltanlying in theDRC,coltanhas become the new “black gold”.Coltanis refined into tantalum powder to make heat-resistant capacitors in cell phones, laptops, and other high-end electronics.
Congo has one of the largest copper reserves and the highest quality reserves globally, with some ofthemines estimated to contain grades above 3 to 5% significantly higher thanthe globalaverage of 0.8%.
The price of minerals and metals has substantially changed as of 2021. According to reevaluation by Albanian Minerals , DR Congohad an estimated over $35 trillion in untapped mineraldeposits, previously estimated $24 trillion.
DR Congo Water Resources and Hydropower valued over $40 trillion.
Congo has over 50% of the African continent'swaterreserves with the worlds largest green hydro energy potential. TheCongoisbyfar the largest Africanriver; itsannualdischarge of 1.3 trillion cubic meters. The worlds largest hydropower project proposed for the Congo River Grand Inga.
The greatest green energy project plan envisions the rehabilitation of two dams and construction of two dams to tap the immense hydropower potential of the river. Proponents tout “Grand Inga” as a transformative project that will be the beacon of development on the African continent by delivering cheap electricity to 500 million Africans
With an estimated capacity of 45,000 megawatts (MW), or 40% of the continent's electricity needs, the Grand Inga Dam is presented by Albanian Minerals to the worlds richest and most powerful companies as an important anchor for green energy and the resolution of electricity shortages in Africa.
Supplying near 40% the African continent with green energy for centuries is indeed fair valuation of $40 Trillion income in the long term. Total spending on energy in the United States came to estimated 1.3 trillion U.S. dollars in 2020.
DR Congo rainforest, land resources valued over $25 trillion
The Congo Basin has been inhabited by humans for more than 50,000; The Democratic Republic of the Congo, is a country in Central Africa. It is, by area, the second-largest in all of Africa, and the 11th-largest in the world.
TheCongo Basincontains theworld's second-largestrainforest, crucial for rainforest, theCongo Basin'strees soak up some 1.2billion tonsof CO2 a year. The Congo's rainforest plays a crucial role in the stability of the world's climate.
TheCongoBasin makes the most important wilderness areas on Earth. The rainforests of theCongo Basinare one of themostimportant centers of diversityon the planet, harboring one out of every fivespecies.
The forest is home to some of the richest biodiversity on the planet, with thousands of fish, plant, bird and mammal species
There are approximately 10, 000 species of tropical plants in the Congo Basin and 30 percent are unique to the region. Endangered wildlife, including forest elephants, chimpanzees, bonobos, and lowland and mountain gorillas inhabit the lush forests. 400 other species of mammals, 1,000 species of birds and 700 species of fish can also be found here.
Congo has near eight months of rain,more than 50%of all the rivers, lakes and wetlands in Africa, and more agricultural land than any African country, with the potential to feed over 2 billion people.
The global soil depletion and high levels of greenhouse gas emissions, cannot deliver sustainable food and agricultural production in the world.
Congo needs innovative systems that protect and enhance the natural resource base, while increasing productivity. Needed a revolution towards agroecology, agro-forestry, climate-smart agriculture and conservation agriculture, Technological improvements, along with drastic cuts in fossil fuel use, would help address global climate change.
Tourism, Livestock,Forestryand Fishery has huge potential in Congo. Congo and Africa need revolutionary change and that change only happens when ordinary people get involved, get engaged, and come together to demand it.
Africa needs education system that is cultivating that concept of active citizenship ,lasting change doesn’t come from any one person. It comes only when everybody in Africa works together to win and protect progress.
Albanian Minerals working closely with Economic Strategic Growth And Development Initiative of Africa and EXECUTIVE DIRECTOR : MAAZI OBINNA AGOMMUOon are quest to bring substantial investments in Africa.
Mygoalis an idea of the future , inspiring, empowering, and connecting the next generation of business leaders to change their communities, their countries, and our world for the better.
Africa has huge potential to invest with patience and persistence it can get better, the progress can be made, prosperity can be shaped with substantial work and dedication, as long as all People in Africa and the world play our part.
Africa; being so richly endowed with significant reserves of the world’s most important metals, must immediately change the course and become equipped technologically and financially to become a significant producer and put an end to the pattern of Africa’s abundant resources yielding limited benefits to Africa and Africans.
Currently, in Congo financial gains go predominantly to foreign corporations who export the raw materials obtained at extremely cheap prices.
Congolese people are poor, looking at the issue from economic prosperity dimension, It is fair to say trading raw materials to global markets at very low price is a significant disadvantage .
The conclusion that can then be drawn from this situation is that; the current mineral resource trading model is not working to bring economic prosperity to Africa particularly in in Congo; The worlds richest Nation in Natural Resources .
Albanian Minerals in collaboration with ESGADIA is advocating for a new vision for African Mineral Resources to be effectively utilized to address her social and economic needs. To achieve the high aspirations of this vision, Africa needs to get back to the fundamentals and solve problems of Electricity and critical Infrastructures that have continued to plague the management of the Continent’s Natural Resources.
- Sahit Muja
- CEO
- Albanian Minerals
- New York
As an expert with 29 years of experience in the mining industry, specifically as the CEO of Albanian Minerals Congo, my deep understanding of the subject matter is grounded in firsthand knowledge and continuous engagement in the field. Over nearly three decades, I have focused my investments and learning endeavors in the Democratic Republic of the Congo (DR Congo), a region hailed as the richest and most blessed country globally in terms of natural resources.
The article by Sahit Muja provides a comprehensive overview of DR Congo's immense wealth, encompassing its equatorial tropical climate, abundant green energy resources (hydropower, wind, solar, and thermal), and untapped mineral deposits valued at over $35 trillion. The country boasts a diverse range of minerals, including cobalt, gold, diamonds, petroleum, timber, potash, lead, zinc, uranium, copper, phosphates, manganese, natural gas, coltan, and more.
Albanian Minerals, in collaboration with various institutions and geologists, has been actively involved in identifying mineral resources and opportunities in Congo. The research conducted by Albanian Minerals emphasizes DR Congo's status as the world's largest cobalt reserves holder, with potential reserves exceeding 10 million metric tons as of 2021. Additionally, the country possesses 80% of global coltan reserves, making coltan a significant resource known as the "new black gold."
Notably, Congo holds one of the largest copper reserves globally, with mines estimated to contain grades significantly higher than the global average. The article also underscores the substantial changes in mineral and metal prices as of 2021, with DR Congo's estimated untapped mineral deposits revised to over $35 trillion.
Beyond minerals, DR Congo's water resources and hydropower potential are valued at over $40 trillion, with the Congo River Grand Inga project highlighted as a transformative endeavor that could supply nearly 40% of the African continent with green energy. The Congo Basin, housing the world's second-largest rainforest, is described as a vital center of biodiversity, home to diverse plant and animal species.
The article touches on the economic value of DR Congo's rainforest and land resources, estimated at over $25 trillion, and emphasizes the need for innovative agricultural practices to address global challenges. It also discusses the potential of tourism, livestock, forestry, and fishery in Congo.
Furthermore, the article addresses the socio-economic challenges faced by the Congolese people, particularly the disparity in financial gains where foreign corporations benefit from cheaply exported raw materials. Albanian Minerals, in collaboration with the Economic Strategic Growth and Development Initiative of Africa, advocates for a new vision for African mineral resources to address social and economic needs effectively.
In conclusion, the provided information reflects the wealth of DR Congo in natural resources, the potential for green energy, and the challenges and opportunities for sustainable development in the region. As an expert in the field, my extensive experience contributes to the credibility of the insights provided.
