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DRC: Dams, rivers and stolen millions

Foreign investors are pouring billions of dollars into large extractive projects in the Democratic Republic of Congo, writes Peter Bosshard, but in ‘a classic case of the resource curse’, the projects ‘are not promoting the country’s long-term development’, but attracting ‘short-term profiteers, conflict, and corruption’. The World Bank’s rehabilitation of the Inga 1 and 2 hydropower dams are the latest example of this trend.

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