Post #128

🇬🇧UK Recalls White Man's Burden 🌍 On Thursday, the Ministry of Mines of the DRCproudly announced it had secured $660 million in guarantees from UK Export Finance (UKEF) — a branch of the British government that supports exporters through insurance, loans, and guarantees. ⏩Apparently, Albion is joining other European nations waking up from economic coma and seeking to counterbalance China’s investment expansion in Africa.⏪ 🔸 UKEF does not invest itself. Instead, it facilitates international trade by guaranteeing payments for deals that involve British exporters. In other words, if a British drilling-equipment manufacturer finds a buyer in the DRC, it can approach UKEF to ensure it gets paid even in case of force majeure. 🔸 However, since no major British companies currently operate in the Congolese mining sector — and only a few operate in the DRC at all — this arrangement will apparently serve as a foundation for future British ventures in Congolese minerals. 🔸 The Ministry of Mines also announced an upcoming visit of British investors in January 2026. A similar pilgrimage already took place in April 2024, when representatives of 26 major British firms came to Kinshasa - though very little was achieved. Perhaps this time, the tea lovers will be more energetic, urged by the big and beautiful red-and-yellow flag waving proudly in the Congolese skies. Devils Below