Congo News
DR Congo’s term-limit gamble risks jolting global cobalt and EV markets
Push to amend term limits rattles investor confidence Congo’s minerals place global energy transition at risk KINSHASA, DR CONGO – A growing push to amend presidential term limits in the Democratic Republic of Congo is raising alarm among investors and analysts, threatening political stability in a country central to the global energy transition. Supporters of President Félix Tshisekedi are
Congo’s oil surge drives record exports, masking structural fiscal risks
Oil volumes rise despite weaker global prices Record exports highlight dependence on hydrocarbons BRAZZAVILLE, CONGO – The Republic of Congo posted record exports in late 2025, as rising crude volumes offset falling global oil prices and pushed the trade balance to historic highs. Goods exports exceeded 1,086.1bn FCFA in the fourth quarter of 2025, driven largely by the oil
Rome Resources high-grade tin discovery in Congo signals supply hopes
High-grade tin intercepts strengthen global supply outlook Security risks threaten investment in DR Congo’s mining sector KINSHASA, DR CONGO – Rome Resources has reported high-grade tin intercepts at its Kalayi prospect, reinforcing the Democratic Republic of Congo’s role in global supply chains. The London-listed explorer announced results including a standout 1 metre at 6.6% tin and 10 metres at
DR Congo opens first gold refinery to enhance value addition
DR Congo launches first pilot gold refinery Facility targets transparency and value addition KINSHASA, CONGO – The Democratic Republic of Congo has launched its first pilot gold refinery in Kalemie, marking a significant step toward strengthening transparency and value addition in the country’s vast mining sector. The facility, located in Tanganyika Province, has a monthly refining capacity of between
Congo’s central bank turns to artisanal gold to defend franc
BCC to buy artisanal gold directly Move aims to bolster forex reserves KINSHASA, CONGO – The Central Bank of Congo is moving to directly purchase artisanal gold to strengthen foreign exchange reserves and stabilise the Congolese franc. Facing chronic currency instability and repeated external shocks, the Banque Centrale du Congo (BCC) has decided to buy gold extracted by artisanal
Congo’s Kamoa-Kakula Copper Complex boosts Ivanhoe profit to $228mn
$578mn adjusted EBITDA from Kamoa-Kakula Smelter ramp-up cuts costs, emissions KINSHASA, CONGO – Ivanhoe Mines reported $228 million in profit and $578 million in adjusted EBITDA from its flagship Kamoa-Kakula Copper Complex, underscoring the Democratic Republic of the Congo’s growing clout in global copper markets. The complex generated $3.28 billion in revenue and $1.45 billion in EBITDA at a
Congo buys back $354mn eurobond as it extends debt maturities before election
$354mn 2032 eurobond repurchased $700mn 2035 bond draws strong demand BRAZZAVILLE, CONGO – The Republic of Congo has repurchased $354mn of its 2032 eurobond, accelerating efforts to smooth repayments and bolster investor confidence ahead of elections. The buyback reduces the outstanding balance of the 2032 notes to $575mn, down from the $930mn raised in late 2025, when the oil-producing
Paratus connects Kenya to DRC in East Africa fiber expansion push
2,000km fiber route links Mombasa to Goma Connects landlocked markets to global cables NAIROBI, KENYA – Pan-African telecommunications provider Paratus Group has activated a 2,000-kilometre fiber-optic corridor linking Kenya’s port city of Mombasa to Goma in eastern Democratic Republic of Congo. The protected terrestrial route runs through Nairobi, Kampala and Kigali, directly interconnecting major data centres in Kenya, Uganda
Congo raises $700mn eurobond before election, extends debt to 2035
$700mn raised before March 15 election Debt extended to longest-ever 2035 maturity BRAZZAVILLE, CONGO – The Republic of Congo has raised $700 million through a new international bond due 2035, extending its debt maturity profile weeks before a presidential election on March 15. The 9.5% note marks the Central African oil producer’s first public international offering since private placements