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U.S. Partners with Rwanda to Secure Strategic Tin Supply Amid Rising Geopolitical Risks 1 Tin Mining in DRC Regional conflict 

U.S. Partners with Rwanda to Secure Strategic Tin Supply Amid Rising Geopolitical Risks

Constance
Amid rising geopolitical tensions and the growing global demand for critical minerals, the United States has announced a strategic partnership with Rwanda to secure direct access to tin—an essential metal for the electronics and renewable energy sectors. On Tuesday, a letter of intent was signed between the U.S. government, Trinity Metals (which operates in Rwanda), and Nathan Trotter & Co., a major U.S.-based tin supplier. The agreement aims to establish a direct and reliable tin supply chain between Rwanda and the American market. This initiative is part of Washington’s broader… Read More Here
U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor 2 Transport and Logistics Angola Mining in DRC Mining in Zambia 

U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor

Constance
The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May 10, 2025, by the U.S. State Department via its official account on the social platform X (formerly Twitter). The funding is designated for the development and construction of the Lobito Corridor, which aims to connect southern DRC and northwestern Zambia to the Atlantic port of Lobito in Angola. The corridor… Read More Here
DRC to Overhaul Petroleum Code in Bid to Attract Global Investors 3 Oil & Gas Mining in DRC 

DRC to Overhaul Petroleum Code in Bid to Attract Global Investors

Constance
In an interview with Jeune Afrique, Democratic Republic of Congo’s Minister of Hydrocarbons, Aimé Sakombi Molendo, announced that the country will undertake a complete revision of its Petroleum Code. According to him, the reform proposal will be submitted to the Council of Ministers within the next three months before being forwarded to Parliament for approval. Explaining the need for this reform, the Minister cited the failure of the oil block tender launched on July 28, 2022, which offered 27 petroleum blocks. The current code’s tax regime was deemed unattractive. Other… Read More Here
UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration 4 Transport and Logistics International 

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

Constance
The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential impact on the country’s future,” Joshi said. He emphasized that the Lobito Corridor stands out… Read More Here
Lobito Corridor Investment Opportunities Presented in Huambo 5 Transport and Logistics International 

Lobito Corridor Investment Opportunities Presented in Huambo

Constance
Angola’s Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana Penha, Contract Manager of the Caála Logistics Platform, emphasized that the meeting served as a… Read More Here
Barrick Begins Trading Under Symbol ‘B’ on NYSE to Reflect Gold-Copper Growth Strategy 6 International Corporate News Gold 

Barrick Begins Trading Under Symbol ‘B’ on NYSE to Reflect Gold-Copper Growth Strategy

Constance
Barrick Gold Corporation, dual-listed in the U.S. and Canada, has officially begun trading under the single-letter ticker symbol ‘B’ on the New York Stock Exchange (NYSE), marking a significant milestone in the company’s evolution. To commemorate the occasion, Barrick President and CEO Mark Bristow rang the NYSE opening bell on Friday. “Barrick’s vision is to be the world’s most valued gold and copper exploration, development, and mining company,” said Bristow. “Alongside our world-class portfolio of six Tier 1 gold mines, we are building a significant copper business that will drive… Read More Here
EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC 7 Mining in DRC 

EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC

Constance
On Wednesday, April 30, 2025, Prime Minister Judith Suminwa Tuluka met with Mr. Johan Borgstam, the European Union’s Special Representative for the Great Lakes Region, at her office in Kinshasa. Their discussion focused on the EU’s continued support for humanitarian efforts and the peace processes currently underway in the Democratic Republic of Congo (DRC). “It was a very warm exchange,” said Mr. Borgstam. “We discussed the European Union’s support for humanitarian operations in eastern DRC, ongoing peace initiatives, and development cooperation projects. The EU has already delivered more than 100… Read More Here
Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector 8 Mining in DRC Artisanal mining 

Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector

Constance
Rockfalls at artisanal mining sites in the Democratic Republic of Congo (DRC) are becoming increasingly frequent, particularly in the conflict-affected eastern provinces. The latest tragedy occurred on Saturday, May 2, 2025, when seven artisanal gold miners—all from the same family—were killed in a collapse at the G7 mining site in Mapale village, Lugushwa, Mwenga territory. The incident prompted immediate concern from local civil society, which urged the Assistance and Support Service for Artisanal and Small-Scale Miners (SAEMAPE) to strengthen its oversight efforts on the ground. Speaking to Deskeco on Tuesday,… Read More Here
DRC’s Cobalt Export Suspension Shakes Global Markets 9 Mining in DRC Battery Metals Cobalt 

DRC’s Cobalt Export Suspension Shakes Global Markets

Constance
In February 2025, the government of the Democratic Republic of Congo (DRC) made a bold move by suspending cobalt exports for four months. The decision, announced by the Strategic Mineral Substances Market Regulatory and Control Authority (ARCOMS), aimed to stabilize the oversupplied market and increase national revenue from this critical mineral. The impact was immediate. Within just one week, cobalt prices soared by 27% on global markets. By May 2025, the price had climbed to USD 33,630.99 per tonne—up from USD 30,000—underscoring the market’s heavy reliance on Congolese supply. According… Read More Here
Manganese in Serenje Mining in DRC Battery Metals New Mining Projects 

DRC Launches First-Ever Manganese Mining Project in Kongo-Central Province

Constance
For the first time in the history of the Democratic Republic of Congo’s mining sector, manganese will soon be commercially exploited in Kongo-Central province—an area traditionally known for its oil reserves. The announcement was made during the 43rd Council of Ministers meeting on Friday, May 9, 2025, through a briefing by Minister of Mines, Kizito Pakapomba. The project will be carried out in Luozi territory by Asia Mineral Limited, a Japanese company ranked among the world’s top manganese exporters. The firm is recognized for its expertise in the extraction, processing,… Read More Here

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