By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Yes AfricaYes Africa
  • Home
  • Economy
    EconomyShow More
    Nigeria to attract investors with new performance based tax incentive
    May 30, 2025
    African Banker names Cardoso Central Bank Governor of the Year
    May 30, 2025
    TotalEnergies to sell 12.5% of its Bonga oilfield stake to Shell for $510 Million
    May 30, 2025
    Morocco signs new $50 million investment deal with Catalan companies
    May 30, 2025
    Sidi Ould Tah elected new AFDB President
    May 30, 2025
  • Technology
    TechnologyShow More
    How mobile money is driving growth in Africa
    May 21, 2025
    Nigeria set to rollout $2bn fibre network in Q4 2025
    May 20, 2025
    Vodacom pursuing joint fibre ventures in Africa broadband push
    May 20, 2025
    China to establish new Electric Vehicle factories in Nigeria
    May 20, 2025
    CBN launches new digital platform for Nigerians in diaspora
    May 19, 2025
  • Africa Development
    Africa DevelopmentShow More
    Nigeria to attract investors with new performance based tax incentive
    May 30, 2025
    African Banker names Cardoso Central Bank Governor of the Year
    May 30, 2025
    TotalEnergies to sell 12.5% of its Bonga oilfield stake to Shell for $510 Million
    May 30, 2025
    Morocco signs new $50 million investment deal with Catalan companies
    May 30, 2025
    Sidi Ould Tah elected new AFDB President
    May 30, 2025
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Africa Development
  • Economy
  • Technology
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2024 YesAfrica Company. All Rights Reserved.
Reading: Congo keen on signing new mineral deal with US
Share
Sign In
0

No products in the cart.

Notification Show More
Aa
Yes AfricaYes Africa
0
Aa
  • Economy
  • Africa Development
  • Technology
Search
  • Home
  • Technology
  • Africa Development
  • Economy
  • Bookmarks
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Yes Africa > Blog > Africa Development > Congo keen on signing new mineral deal with US
Africa DevelopmentEconomy

Congo keen on signing new mineral deal with US

Christabel Airo
Last updated: 2025/05/26 at 10:02 AM
Christabel Airo
Share
2 Min Read
SHARE

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.

Congolese minerals such as tungsten, tantalum and tin, which Kinshasa has long accused neighbouring Rwanda of illegally exploiting, could be exported legitimately to Rwanda for processing under the terms of a peace deal being negotiated by the U.S., Reuters reported last week.

Congo’s Mines Minister Kizito Pakabomba said an agreement with the U.S. would help “diversify our partnerships”, reducing the country’s dependence on China for the exploitation of its vast mineral riches, the FT reported.

Kinshasa views the plundering of its mineral wealth as a key driver of the conflict between its forces and Rwanda-backed M23 rebels in eastern Congo that has intensified since January, accusing Kigali of smuggling tens of millions of dollars worth of minerals over the border each month to be sold from Rwanda.

- Advertisement -

Washington is pushing for a peace agreement between the two sides to be signed this summer, accompanied by minerals deals aimed at bringing billions of dollars of Western investment to the region, Massad Boulos, U.S. President Donald Trump’s senior adviser for Africa, said earlier this month.

TAGGED: congo, Trending News
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article CBN major increase in subscriptions, now 1.21 trillion naira
Next Article Nigeria’s mining reforms now yielding result – Minister
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -

Latest News

Nigeria to attract investors with new performance based tax incentive
Africa Development Economy May 30, 2025
African Banker names Cardoso Central Bank Governor of the Year
Africa Development Economy May 30, 2025
TotalEnergies to sell 12.5% of its Bonga oilfield stake to Shell for $510 Million
Africa Development Economy May 30, 2025
Morocco signs new $50 million investment deal with Catalan companies
Africa Development Economy May 30, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Yes AfricaYes Africa
Follow US

© 2024 YesAfrica. All Rights Reserved.

  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
Welcome Back!

Sign in to your account

Register Lost your password?