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 Economist, a look at some of the U.S. investors exploring the DRC: NEAR ZAMBIA’S border with the Democratic Republic of Congo, Josh Goldman, the boss of an American mining firm, is discussing his next venture. KoBold Metals is gearing up to do business in Congo, where one of the world’s biggest known lithium deposits […]
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 […]
Read more »Via CSIS, commentary on how to turn diplomatic commitments into mineral investments in the DRC: Earlier this year, as hostilities escalated between Rwandan-backed M23 rebels and the Democratic Republic of the Congo (DRC), President Félix Tshisekedi proposed granting the United States access to the DRC’s mineral resources in exchange for security support. Following intensive negotiations […]
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