The United States is in advanced discussions with the Democratic Republic of Congo (DRC) about a potential minerals deal, aimed at developing the country’s extensive natural resources while addressing ongoing security challenges.
Massad Boulos, a senior Advisor for Africa under the Trump Administration, confirmed on Thursday April 3 that the two nations are exploring the opportunity for multibillion-dollar investments. After a meeting with Congolese President Felix Tshisekedi in Kinshasa, Boulos emphasized that American companies would be involved in the deal, promising transparency and economic stimulation for local communities. However, he did not disclose further specifics about the proposed agreement.
Congo, rich in cobalt, copper, and gold, plays a pivotal role in global mineral markets, particularly due to its position as the world’s largest producer of cobalt—a key component in lithium-ion batteries for electric vehicles and smartphones. Tshisekedi has expressed his willingness to forge a deal with the U.S., under the condition that American involvement would help bring stability to the region, which has long been marred by insurgency and armed group activities. He suggested that U.S. pressure or sanctions could help mitigate the impact of these groups, offering a glimmer of hope for peace in the volatile eastern regions of Congo, which have been under siege by militias for decades.
Despite the economic promise, Congo’s eastern provinces, particularly near Rwanda’s border, remain embroiled in conflict. The M23 rebel group, a key player in the violence, has escalated its offensive, seizing significant towns such as Goma and Bukavu. In recent developments, the M23 temporarily withdrew from Walikale, a strategic mining area, after intense fighting with Congolese forces and local militias. Walikale is vital for Congo’s tin and gold production, with the Bisie tin mine representing a substantial portion of the country’s tin exports. These resource-rich areas continue to fuel both local conflicts and international interest, underscoring the complex intersection of mineral wealth, security concerns, and foreign investment in the region.