The Betrayal of Kabila, Katumbi & Yuma: The Truth Behind the DRC’s Mineral Wealth. What happens when a nation with vast natural resources loses its economic sovereignty to foreign powers? The Democratic Republic of Congo (DRC) is one such nation, possessing an abundance of copper, cobalt and other minerals vital to the global economy. Yet this wealth has become a curse rather than a blessing for the Congolese people. In this video, we unravel the responsibilities of key figures such as Kabila, Katumbi and Yuma, and analyze how their actions allowed foreign powers and mining giants to seize the DRC’s natural resources. We also explore the role of the IMF, World Bank and foreign corporations in exploiting this wealth, leaving the nation in crisis. The DRC, despite its exceptional mineral resources, is a paradox. The country exports more than a million tons of copper and nearly 100,000 tons of cobalt each year, yet it is among the poorest in the world. The IMF, the World Bank, and multinationals are primarily responsible for this paradox, as they have systematically undermined the DRC’s economic independence, forcing the country to depend on foreign investment and loans at exorbitant interest rates. In a discourse often veiled by the terms “partnerships” and “development aid,” the IMF and the World Bank encourage the DRC to cede control of its natural resources. Due to poor management and corruption within the Congolese government, these institutions recommend entrusting the management of these resources to foreign companies, deemed more competent and better capitalized. However, these so-called partners are far from being saviors: they act more like economic predators. These foreign companies, once in possession of mining concessions, use the DRC’s natural resources as collateral to obtain loans at high interest rates. Rather than injecting investment into the local economy, these loans plunge the DRC further into debt, exacerbating its dependence on external actors. The development promises made by the mining companies have not been kept, and profits remain confined to parent companies and foreign shareholders. The privatization of Gécamines, once the flagship of the Congolese mining industry, was a decisive turning point. At its peak, the company produced 500,000 tons of copper per year, but after its privatization under the recommendations of the IMF, it lost its decision-making power. Today, although the country exports more minerals, foreign companies now control the sector, while Gécamines finds itself with a marginal role, without real power over operations. Multinational corporations in the DRC, whether Western or Chinese, do little to improve the living conditions of the Congolese. Revenues generated by mining do not trickle down to local communities, and profits are siphoned off abroad. Loans taken out by these companies with interest rates in excess of 10% have serious consequences for the Congolese economy, preventing any real prosperity for the people. This system, far from being fair, fuels frustration and injustice. International institutions, instead of supporting the sustainable development of resource-rich countries like the DRC, have promoted policies that have reinforced exploitation and dependency. The privatization of resources and dependence on foreign investment have left nations like the DRC economically powerless. The country continues to struggle to secure a minimal share of its natural resource revenues, while foreign companies get rich and the Congolese population suffers. The solution for the DRC lies in reversing this trend: regaining control of its resources, increasing transparency, and demanding fairer terms with foreign investors. It is also crucial to build local capacity and establish regional partnerships with other African countries. With a determined government and regional cooperation, Congo could finally turn its mineral wealth into a lever for sustainable development and prosperity for all. #DRC, #mining, #Kabila, #Katumbi, #IMF