Showing posts with label Felix Tshisekedi. Show all posts
Showing posts with label Felix Tshisekedi. Show all posts

Friday, March 21, 2025

US-China Competition for DRC's Critical Minerals and Rebel Threat to Regime

 The Carnegie Endowment for International Peace published on 19 March 2025 an analysis titled "Can the DRC Leverage U.S.-China Competition for Critical Minerals for Peace?" by Christian-Geraud Neema.

Congolese President Felix Tshisekedi's strategy is designed to help the Trump administration secure access to critical minerals and curtail China's expansion within the mineral supply chain.  As the Rwanda-baked M23 rebel group advances from the mineral rich eastern DRC towards Kinshasa, Tshisekedi's top priority may be regime survival.  The advance of the M23 forces has complicated control over minerals in the eastern Congo and US-China competition for access to them.  

Wednesday, March 5, 2025

DR Congo Proposes Minerals for US Companies in Exchange for Military Support

 Kenya's The Eastleigh Voice published on 4 March 2025 an article titled "Tshisekedi Courts US: DRC Offers Minerals in Exchange for Military Backing in War against M23 Rebels."

An American lobbyist for the Felix Tshisekedi government in Kinshasa sent a letter on 21 February to US Secretary of State Marco Rubio proposing privileged access by US companies to DRC critical minerals while giving Kinshasa military support to secure its territory against M23 rebels supported by Rwanda.  The US would train and equip the Congolese Armed Forces.  If the deal were to go forward, it would reverse the DRC's reliance on mineral exploitation by Chinese and European companies.  

Tuesday, April 11, 2023

DRC Reviewing Chinese Mining Contracts

 The East African published on 11 April 2023 an article titled "DR Congo to Audit and Review 'Unfair' Chinese Mining Contracts" by Patrick Ilunga.

The DRC has begun to review mining contracts with Chinese companies to ensure improved revenue collection.  Chinese companies have earned at least $10 billion from contracts in the past decade while the DRC has benefitted from only $822 million of infrastructure construction.  

Monday, February 20, 2023

China-Democratic Republic of Congo Dispute over Cobalt/Copper Deal

 Reuters published on 17 February 2023 an article titled "Congo Demands $17 Bln More in Infrastructure Investment from China Deal."

The DRC's state auditor is demanding an additional $17 billion in investment from a 2008 infrastructure deal with Chinese investors in exchange for Congolese cobalt and copper.  China's embassy in Kinshasa said it was shocked by the request, adding it does not correspond to reality.  

Tuesday, March 1, 2022

Chinese Cobalt Mine in DRC Encounters Problems

The New York Times published on 28 February 2022 an article titled "Chinese Company Removed as Operator of Cobalt Mine in Congo" by Eric Lipton and Dionne Searcey. 

The government of China financed the purchase of a DRC copper and cobalt mine in 2016 by China Molybdenum, which has been accused of worker safety complaints and failure to make royalty payments to the Congolese government.  A DRC court removed the Chinese leadership from the mine for at least 6 months as auditors evaluate allegations against the company.