Via Rest of World, an article on howWashington is trying to use the Lobito Railway in Congo to break China’s hold on critical metals in Africa: The Democratic Republic of the Congo is one of Africa’s wealthiest countries even as its people are some of the world’s poorest. It is rich in cobalt, lithium and […]
Read more »Via The Africa Report, a look at Rubaya – a project that has been officially added to the list of strategic mining assets that Kinshasa is offering to the United States. Highly coveted, the site remains under de facto rebel control and is under constant attack. Here is an analysis in infographics. On 24 February, […]
Read more »Via Reuters, a report on Congo’s offer of manganese, copper?cobalt, and lithium assets to US investors under the recently signed minerals pact: The Democratic Republic of Congo has sent Washington a shortlist of state-owned assets – including manganese, copper-cobalt, gold and lithium projects – for U.S. investors to consider as part of a minerals partnership, […]
Read more »Via The Africa Report, a look at Banco Angolano de Investimentos’s plans to accelerate regional expansion: Banco Angolano de Investimentos (BAI) plans to raise the share of loans to the private sector to about 40% as it backs Angola’s push to diversify the economy away from oil and gas. The timing is favourable. Angola is hosting […]
Read more »Via Semafor, an article on DR Congo’s recent $400M satellite deal to tackle its digital deficit: DR Congo is betting on satellite internet to address one of the world’s worst connectivity deficits, with only one in three Congolese connected to mobile internet. Just three months after approving Elon Musk’s Starlink internet service to operate in the country, […]
Read more »Via The Africa Report, a report on the Trump administration’s controversial agreement with Kinshasa, tying US access to the Democratic Republic of Congo’s (DRC) mineral reserves to expanded security assistance in the east, a region convulsed by conflict with Rwanda-backed M23 rebels: The minerals that will power the world’s green transition could trap the Democratic […]
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