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Article

9 May 2011

Author:
Kevin Kelley, The East African

US ‘conflict minerals’ law bad for Africa — tech firms

Representatives of American high-tech industries are warning that a law intended to promote peace in the Democratic Republic of Congo could result in a “de facto embargo” of minerals mined in many African countries...[The] Dodd-Frank [law] requires companies such as Microsoft, Intel and Hewlett-Packard to show that comparatively small imports of...listed minerals also did not originate in areas where an estimated five million Congolese have died as a result of chaotic violence during the past 15 years...“There are hundreds of thousands of people, perhaps more, in central Africa who rely on mining and related activities as their sole source of income,” Goss said at the Centre for Strategic and International Studies. Dodd-Frank could inadvertently result in them having “no income whatsoever,” added the tech industry council’s vice president for sustainability.