The World's Poorest Country is Sitting on $24 Trillion

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With GDP per capita of just $2 per day, the Democratic Republic of the Congo is one of the poorest, if not the poorest nation on Earth. However, this does not have to be the case. The country has massive deposits of rare earth minerals including Cobalt, which is an essential input to the production of lithium-ion batteries. The mineral resources are estimated to be worth $24 trillion. So why is the DRC so poor?

0:00 – 2:50 Democratic Republic of the Congo (DRC)
2:51 – 3:54 Brilliant
3:55 – 5:41 The Congo Crisis
5:42 – 9:03 Lack of investment
9:04 – 11:46 Extreme poverty
11:47 – 13:50 Self-sufficiency
13:51 National leaderboard

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