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Judith Suminwa Leads Strategic Talks at World Bank–IMF Spring Meetings 1 Mining in DRC Economy 

Judith Suminwa Leads Strategic Talks at World Bank–IMF Spring Meetings

DR Congo Prime Minister Judith Suminwa Holds Strategic Talks on Economy and Health Financing at World Bank and IMF Spring Meetings in Washington Prime Minister Judith Suminwa Tuluka arrived in the United States capital, Washington, D.C., on Monday, April 13, 2026, to participate in the World Bank Group and International Monetary Fund Spring Meetings, taking place from April 13 to 18. Beginning April 14, 2026, the Head of Government initiated a series of high-level engagements with development partners and economic experts supporting reforms and sectoral development in the Democratic Republic… Read More Here
Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity 2 International Corporate News Oil & Gas 

Trafigura Signs $1bn Oil-Backed Financing Deal with Gabon to Boost Liquidity

Gabon secures $1 billion oil-backed financing from Trafigura in seven-year crude supply deal to strengthen public finances and investment spending Global commodities trader Trafigura has signed a $1 billion oil-backed financing agreement with the government of Gabon, providing upfront liquidity in exchange for future crude oil deliveries over a seven-year period. Announced on Wednesday, the arrangement will see Trafigura extend prepayment financing to the Gabonese state while acting as the exclusive buyer of the country’s “profit oil” the share of crude allocated to the government after production costs are recovered… Read More Here
DRC Moves to Secure Fuel Supply from Dangote Refinery Amid Global Market Pressures 3 Mining in DRC Oil & Gas Petroleum 

DRC Moves to Secure Fuel Supply from Dangote Refinery Amid Global Market Pressures

Democratic Republic of Congo explores fuel imports from Dangote refinery as it seeks to diversify petroleum supply sources and strengthen energy security The Democratic Republic of Congo is exploring the possibility of sourcing petroleum products from Nigeria’s Dangote refinery as it moves to strengthen fuel supply security amid ongoing pressures in global refined product markets, according to the Ministry of National Economy. Deputy Prime Minister and Minister of Economy Daniel Mukoko Samba recently visited Nigeria as part of efforts to secure stable fuel imports for the country. The ministry said… Read More Here
DRC Mines Minister Pushes for Stronger Geological Expertise and Sector Reform 4 Mining in DRC 

DRC Mines Minister Pushes for Stronger Geological Expertise and Sector Reform

DRC Mines Minister Louis Watum Kabamba urges reliance on local geologists and reforms to strengthen mining governance and transparency During a visit on Tuesday, April 14, 2026, to the National Geological Survey of Congo (SGN), the Minister of Mines, Louis Watum Kabamba, emphasized the importance of strengthening national geological expertise as a core pillar of the country’s mining strategy. He stated that the government’s ambition is to rely more heavily on Congolese geologists to intensify exploration of the country’s soil and subsoil, with the goal of identifying new mineral deposits… Read More Here
DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis 5 Mining in DRC Cobalt Copper 

DRC Copper and Cobalt Miners Hit by Chemical Supply Disruptions Amid Global Shipping Crisis

DRC copper and cobalt producers face sulfuric acid and SMBS shortages as shipping disruptions and rising logistics costs strain supply chains Copper and cobalt producers in the Democratic Republic of Congo (DRC) are facing cancelled and withdrawn deliveries of key processing chemicals, forcing some miners to reduce consumption and consider production cuts as global supply chain disruptions intensify. The DRC, the world’s largest cobalt producer and Africa’s leading copper supplier, plays a critical role in global supply chains for electric vehicles and the energy transition. However, its mining sector depends… Read More Here
Ivanhoe Mines Sees Strong Local Demand for Sulphuric Acid in DRC Amid Global Supply Tightness 6 Mining in DRC Cobalt Copper Corporate News 

Ivanhoe Mines Sees Strong Local Demand for Sulphuric Acid in DRC Amid Global Supply Tightness

Ivanhoe Mines benefits from rising sulphuric acid prices in DRC copper belt as supply disruptions tighten global market Ivanhoe Mines says it has a “captive market” for sulphuric acid in the Democratic Republic of Congo (DRC), as global prices surge amid constrained supply linked to geopolitical disruptions in the Middle East. The Vancouver-based miner recently began commercial sales of sulphuric acid produced as a byproduct of copper smelting at its Kamoa-Kakula operation to other mining companies operating along the DRC’s copper belt. The acid is a key input in copper… Read More Here
India–Zambia Critical Minerals Talks Stall Over Mining Rights Uncertainty 7 Mining in Zambia Battery Metals Cobalt Copper 

India–Zambia Critical Minerals Talks Stall Over Mining Rights Uncertainty

India-Zambia cobalt and copper mining talks stall as Lusaka delays mining rights assurances amid critical minerals push Talks between India and Zambia over critical minerals exploration have stalled due to a lack of assurances from Lusaka regarding future mining rights, according to two sources familiar with the discussions. Last year, Zambia allocated approximately 9,000 square kilometres to India for the exploration of cobalt and copper key minerals used in electric vehicle batteries, electronics, power generation, and construction. Cobalt is particularly important for battery technologies, while copper remains essential for industrial… Read More Here
Zambia Secures $1.5bn Energy Investment to Expand Power Generation Capacity 8 Mining in Zambia Electricity Energy 

Zambia Secures $1.5bn Energy Investment to Expand Power Generation Capacity

Zambia signs $1.5 billion deal with China Machinery Engineering Corporation to develop 900MW power mix and boost electricity output Zambia has secured a US$1.5 billion investment in its energy sector following an agreement between the Zambia Development Agency (ZDA) and China Machinery Engineering Corporation, aimed at expanding national electricity generation capacity. The project will deliver a diversified 900-megawatt (MW) power portfolio comprising three equal components: a 300MW coal-fired thermal plant, a 300MW solar facility, and a 300MW wind energy project. ZDA Director General Albert Halwampa described the investment as a… Read More Here
DRC creates cobalt reserve to control exports and stabilize global prices 9 Mining in DRC Battery Metals Cobalt 

DRC creates cobalt reserve to control exports and stabilize global prices

Democratic Republic of Congo creates strategic cobalt reserve to manage exports, stabilize prices, and tighten control over global critical minerals supply The Democratic Republic of Congo (DRC) has established a strategic reserve for cobalt and other critical minerals, according to the country’s minerals regulator, in a move designed to strengthen state control over exports and influence global supply dynamics. Under a cabinet decree adopted on April 10, oversight of the reserve has been assigned to the regulatory authority ARECOMS, which is now empowered to acquire, hold, and commercialize strategic mineral… Read More Here
DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme 10 Mining in DRC Economy Gold 

DRC Central Bank Receives First Refined Gold Ingots Under New Reserve-Building Programme

Democratic Republic of Congo Launches State Gold Reserve Programme as First Refined Ingots Reach Central Bank The Democratic Republic of the Congo has received its first delivery of refined gold ingots at the central bank, marking a major milestone in its effort to rebuild official monetary gold reserves through a new state-led purchasing programme. According to DRC Gold Refinery SA the country’s first dedicated gold refinery the development represents a significant step toward restoring the nation’s monetary gold system nearly five decades after it largely ceased formal accumulation. The company… Read More Here

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