Congo News
Commodity prices slide again across Central Africa as cocoa, coffee exports tumble
Agricultural exports hit hardest, cocoa and coffee slump sharply Energy gains fail to offset wider commodity downturn across region Export commodity prices across the Central African Economic and Monetary Community (CEMAC) fell again in Q3 of 2025, extending a downturn that began earlier in the year, according to new data from the Bank of Central African States (BEAC). In
Why Africa must set the rules in the U.S.–China minerals race
As the U.S. and China race to lock in access to Africa’s lithium, cobalt, nickel and copper, African states must reclaim bargaining power – with policies and a generational safety net in mind. Africa stands at a crossroads of opportunity and peril. When global giants scramble for your essential resources, you either play by their rules or insist they play
Can the U.S. secure Congo’s minerals amid rising tensions?
U.S.-brokered Congo-Rwanda peace deal sparks minerals access debate President Tshisekedi faces backlash over alleged U.S. mineral privileges A U.S.-brokered peace deal between Congo and Rwanda has stirred global debate, linking hopes for regional stability with America’s pursuit of Congo’s vast mineral wealth. For the Trump administration, the accord promised dual rewards: peace between two feuding neighbours and privileged access
Kabila’s death sentence sparks regional fears of instability in East Africa
Kabila sentenced to death in absentia by military court Analysts warn of political and economic fallout in East Africa KINSHASA, CONGO – A military court’s decision to sentence former Democratic Republic of Congo President Joseph Kabila to death has sent shockwaves through the region, fuelling fears of renewed instability in East Africa. The Kinshasa-based court convicted Kabila in absentia
TotalEnergies, Chevron and bp lead Africa’s new oil exploration wave
Advances in seismic imaging boosting exploration confidence Faster permitting in some countries, but legal delays elsewhere Cape Town, South Africa – Africa’s oil and gas sector is entering a new era of exploration driven by enhanced seismic imaging, richer subsurface data and faster permitting procedures, industry executives said. Emmanuelle Garinet, vice president of Exploration Africa at TotalEnergies, said that
Congo extends cobalt export curbs, shaking global supply
Cobalt export suspension extended until mid-October New system reshapes global battery metal flows with 2026 quotas capped at 96,600 tonnes KINSHASA, CONGO – DR Congo has extended its suspension of cobalt exports until 15 October, introducing a quota system set to reshape global supply chains for the critical battery metal from the fourth quarter onward. Under the new rules,
Qatar invests $500mn in Ivanhoe Mines for African minerals
Qatar Investment Authority buys 4% stake in Ivanhoe Mines with $500m deal Investment bolsters African projects vital to global energy transition JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines has secured a $500 million investment from Qatar Investment Authority (QIA), marking one of the largest sovereign wealth fund commitments to Africa’s critical minerals sector in 2025. The deal, struck through a
Southern Africa’s payment system nears $1 trillion in settlements
SADC RTGS settles $12.3bn in August, edging toward $1trn total South Africa, Namibia and Lesotho lead high-value transactions JOHANNESBURG, SOUTH AFRICA – Southern Africa’s regional real-time payment system has quietly become a cornerstone of cross-border finance, settling nearly a trillion dollars since its launch.
Glencore’s copper bet set to drive $12.4bn earnings in 2025
Glencore is forecast to generate $12.4bn in EBITDA in 2025, fuelled by copper demand The miner remains among the world’s top five diversified producers Glencore is expected to post $12.4 billion in earnings before interest, tax, depreciation and amortisation (EBITDA) next year, keeping it in the ranks of the world’s top five diversified miners, says investment firm Simonis Storm.