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Congo eyes US minerals deal by end of June, FT reports
- Officials in Kinshasa are hopeful of concluding a US investment agreement focused on the country’s mineral resources by the end of June 2025, following ongoing discussions held both locally and in Washington.
- The deal follows ongoing conflict in eastern DRC and Congo's need to reduce heavy reliance on China amid allegations of Rwanda-backed smuggling and insurgency.
- US adviser Massad Boulos and Mines Minister Kizito Pakabomba have highlighted that the agreement could attract billions of dollars and diversify partnerships.
- Pakabomba stated an agreement would "diversify our partnerships" and cut dependence on China for exploiting tungsten, tantalum, and tin, three key Congolese minerals.
- The investment deal, linked to a potential peace agreement with Rwanda, could ease conflict drivers and legalize mineral exports, but significant challenges remain.
14 Articles
14 Articles
NEW: Trump Closes In On Another Multi-Billion-Dollar Minerals Deal
Officials from the Democratic Republic of Congo are “optimistic” they can reach a deal with the Trump Administration next month to secure U.S. investment in critical minerals. The resource-rich nation has been asking Washington for help in ending a border conflict with neighboring Rwanda in the country’s east and has been negotiating for several weeks. The Democratic Republic of Congo is considered to be among the richest nations in the world in…
Congo eyes US minerals deal by end of June, FT reports
Officials from the Democratic Republic of Congo are optimistic they can reach a deal with Washington next month to secure U.S investment in critical minerals alongside support to end a Rwandan-backed rebellion in the country's east, the Financial Times reported on Sunday.
DRC eyes US minerals deal by end of June, FT reports
Officials from the Democratic Republic of Congo (DRC) are optimistic they can reach a deal with Washington next month to secure US investment in critical minerals alongside support to end a Rwandan-backed rebellion in the country’s east, the Financial Times reported on Sunday.
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