Browsing: M23

M23 rebels
  • M23 rebels reportedly at Kavumu, about 40km north of mineral-rich Bukavu area.
  • UN experts claim the M23 rebels – one of over 100 militias seeking control in DRC’s east – is receiving support from about 4,000 soldiers from Rwanda.
  • According to Kinshasa, Rwandan soldiers are pillaging valuable resources from the mineral-rich eastern zone of DRC.

As M23 rebels continue pushing deeper into the Democratic Republic of Congo (DRC) after capturing the mineral-rich city of Goma, the city of Bukavu, the capital of South Kivu province, is on the verge of falling under their control.

Media reports show that M23 rebels are threatening to march to DRC capital Kinshasa as they push the government of Felix Tshisekedi on the negotiating table to meet their demands. “We will continue the march of liberation all the way to Kinshasa,” announced rebel leader Corneille Nangaa on Thursday, four days after the group confirmed the …

DRC Investment Summit Mining in DRC, Copper Mining in DRC, Cobalt Mining in DRC

The DRC investment summit is a creative tool used by the nation to attract global investment stakeholders. According to the summit organizers, the summit brings together international investors, businesses, developers, and policymakers to attract and retain investment, as well as discuss trends that influence economic growth in the DRC.

DRC is arguably one of Africa’s richest countries in terms of natural resources, but it still ranks lower in investment performance.

Furthermore, DRC’s Human Capital index is 0.3 percent below the SSA average of 4 percent.

DRC has the world’s third-largest human population of impoverished people, which the WB argued remains widespread and is increasing due to the impacts of the COVID-19 pandemic.…