The Sicomines Agreement: Strategic Partnership or Unequal Exchange between China and Democratic Republic of Congo?

Abstract

Since the turn of the century, China has emerged as a significant player in Africa’s economic activities, driven in part by the abundant natural resources found in many African regions. One country of particular interest to China is the Democratic Republic of Congo (DRC), known for its vast reserves of ores and minerals, essential for the Chinese industrial sector. This explains China's increased presence in the DRC over the past two decades and the growing interest within the academic community, positioning China-DRC relations as one of the emerging topics in the field of Sino-African relations. This piece investigates the evolution of China-DRC relations, focusing on the Sicomines agreement—initially signed in 2007 and amended several times—which remains one of the most significant resource-financed infrastructure (RFI) deals between China and Africa to date. It also outlines the structure of the deal, explores the dynamics at play during the 2007–2009 agreement negotiations, and examines the extent to which the Sicomines agreement has produced mutual benefits. Moreover, it examines the most recent developments and the impacts of the Sicomines agreement at the socioeconomic level in the DRC and provides relevant evidence about China's RFI model, which is key to determining China's pivotal role as one of the most important partners in the rebuilding of the DRC. It argues that so far, the Sicomines agreement has not delivered expected beneficial effects promised by Chinese and DRC governments. On the contrary, the evidence shows that while Chinese companies have secured access to some of the most important mining sites in the DRC—such as the Tenke Fungurume Mine—the progress of the Chinese infrastructure projects has been slow and, in many cases, fraught with difficulties.

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