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Tag: CONGO

Companies

Congo Considers Extension of Cobalt Export Ban to Stabilize Market

March 22, 2025March 22, 2025 - by Carmen Mendez - Leave a Comment

The Democratic Republic of Congo may extend its cobalt export ban, initially enacted in February, to stabilize fluctuating prices. The ban has already contributed to a recovery in cobalt prices. …

Congo Considers Extension of Cobalt Export Ban to Stabilize Market Read More
Companies

KoBold Proposes Development of Major Lithium Deposit in Congo

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

KoBold Metals, funded by Bill Gates and Jeff Bezos, proposed to develop a major lithium deposit in the Democratic Republic of Congo, potentially marking the first significant U.S. mining investment …

KoBold Proposes Development of Major Lithium Deposit in Congo Read More
Companies

KoBold Proposes Major Lithium Development in Congo Amid US Partnership Talks

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

KoBold Metals Co., supported by Bill Gates and Jeff Bezos, has proposed to develop a significant lithium deposit in the Democratic Republic of Congo amidst diplomatic discussions with the US …

KoBold Proposes Major Lithium Development in Congo Amid US Partnership Talks Read More
Companies / Technology

Congo Proposes Military Aid to U.S. in Exchange for Mineral Access

March 21, 2025March 21, 2025 - by Marcus Chen - Leave a Comment

President Félix Tshisekedi of the DRC has offered military assistance to the U.S. in exchange for access to crucial minerals. In his letter to President Trump, he proposed a security …

Congo Proposes Military Aid to U.S. in Exchange for Mineral Access Read More
Global news

M23 Rebels Capture Strategic Town in Congo, Reject Ceasefire Calls

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

The M23 rebels in eastern Congo have dismissed ceasefire calls from Kinshasa and Kigali, capturing Walikale, a strategic town. The ongoing conflict has escalated, involving various regional forces while raising …

M23 Rebels Capture Strategic Town in Congo, Reject Ceasefire Calls Read More
Global news

Congo Conflict Severely Disrupts Local Economy and Business Operations

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

The conflict in eastern Democratic Republic of Congo has led to the shutdown of the Heineken-owned Bralima brewery, critically impacting the local economy. Business owners like Adolphe Amani anticipate closures …

Congo Conflict Severely Disrupts Local Economy and Business Operations Read More
Companies

Vitol to Acquire Eni’s Assets in Côte d’Ivoire and Congo for $1.65 Billion

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Vitol will acquire interests in Eni’s assets in Côte d’Ivoire and Congo for $1.65 billion as of January 1, 2024. The acquisition includes oil and gas-producing assets, notably a 30% …

Vitol to Acquire Eni’s Assets in Côte d’Ivoire and Congo for $1.65 Billion Read More
Global news

Congo Conflict Devastates Local Economy and Business Operations

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

The conflict in eastern Congo, driven by Rwandan-backed M23 rebels, has resulted in the closure of Heineken’s Bralima brewery, significantly impacting local businesses and the economy. Prices for essential goods …

Congo Conflict Devastates Local Economy and Business Operations Read More
Companies / Technology

Congo Seeks Indonesia’s Support to Stabilize Cobalt Market Amid Oversupply

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

The DRC is seeking Indonesia’s partnership to stabilize the cobalt market following a temporary export ban due to oversupply. The DRC plans to implement export quotas and enhance domestic processing, …

Congo Seeks Indonesia’s Support to Stabilize Cobalt Market Amid Oversupply Read More
Global news

Current Challenges Facing the Democratic Republic of Congo: A Humanitarian and Political Crisis

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

The Democratic Republic of Congo is experiencing a severe humanitarian crisis, worsened by political instability and the withdrawal of international support. Talks mediated by Angola between the DRC and M23 …

Current Challenges Facing the Democratic Republic of Congo: A Humanitarian and Political Crisis Read More

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