One agreement, covered in depth. Filter by what a piece is, what it covers, and where it applies. The explainer library is open to everyone.
66 pieces
A new investigation shows an ISIL-affiliated insurgency financing itself from Congolese gold sold through Uganda. The armed group's take is small. The trade carrying it is…
Read the extractKinshasa Reopened the Counter. The Zones Are Still Missing.
Read the extractThe US sent Treasury, not its development bank, to chair the first Grand Inga meeting. That choice says more about how the dam will be financed…
Read the extractNine months after the Orion memorandum, the sequence of moves has come from Kinshasa. Each one raised the state's take before the buyer closed. Washington's development…
Read the extractKolwezi Pushed Back. The Cure Clocks Did Not Answer.
Read the extractWashington renewed the Congo national emergency without naming the FRN. Its top leadership was already designated. A compliance file that waits for a list update will…
Read the extractKabila Took the Seat. Washington Used the Name.
Read the extractFOMIN funds the flight. FOMIN is also written into the door fee on any deposit the flight studies. The next allocation contest leaves the cadastre. The…
Read the extractCongo's regulator hit every major mining book as the US-DRC Strategic Partnership stalled: no Geneva communiqué, a Lobito misattribution, a weak bond sale.
Read the extractThe State Department's 2026 assessment and the enforcement file now describe two different countries. The gap between them is the risk investors are not pricing.
Read the extractA Congolese refinery with no mine now has a U.S. study grant. First metal still depends on feed, power, and a quota Kinshasa hands out at…
Read the extractThe partnership is producing transactions faster than institutions. A reserve commitment, a corridor power study, a delisting. The commercial steering body has met once. The reform…
Read the extractThe treaty said explore a coordinated stockpile on Congolese soil. This week EXIM hired Glencore to fill an American one. Mercuria wrote $500 million next to…
Read the extractBelow the threshold is not outside the exposure. Four months after the Kabila designation, Matadi Gateway has three shareholding versions, a state representative nobody can trace,…
Read the extractSeven months after the photograph, the document is still non-binding. And on the ownership figures already on the record, the transaction does something to Kamoto that…
Read the extractOn 11 September a presidential ordinance reconducted Joseph Kazibaziba as director general of the state gold trader. Since February that company has been the declared upstream…
Read the extractA draft decree creating the Congolese task force was taken by the Council of Ministers on 11 September. It is being read as the partnership entering…
Read the extractWashington still calls Chemaf its flagship investment in Congo. Five and a half months after a USD 30 million equity close, Etoile had not restarted as…
Read the extractFor eleven months, Louis Watum Kabamba has made Chinese capital the same proposal in three cities: come to Kolwezi, build processing plants, obey the Mining Code.…
Read the extractThe uranium was Congolese. The war on terror's newest front should be too.
Read the extractThe money moves through three doors. The decisions wait behind one. Every US institution on the Congo, what each controls, and how to position for what…
Read the extractWho signed the US-DRC Strategic Partnership and who runs it, explained: the two governments, the agencies and financiers on each side, and who is allowed to…
ReadChinese operators kept mining cobalt, stopped selling it, and poured everything into copper. Six months on they are richer, more liquid, and holding the tonnes the…
Read the extractAlert level: Elevated on the constitutional track. The treaty has entered the mandate fight.
Read the extractAn investor can hold a treaty-backed first claim on a Congolese asset and still lose the tonnes it produces. Nothing in either instrument says which claim…
Read the extractAmerica's new Africa envoy is on his second tour of the continent, and the deal his pitch is built on isn't on the itinerary. The omission…
Read the extractSibéka was judicially dissolved in Belgium in December 2023. It still holds 20 percent of MIBA, the Congolese state diamond producer. That stake has outlived three…
Read the extractAlert level: Elevated on institutions and corridors. Not on signature theater.
Read the extractThe first published economics of the Dilolo-Sakania concession settle what the state gets. They leave open who pays for it, and that answer is written in…
Read the extractHours apart, on the same instrument, the two capitals described different corridors. Neither was wrong. The gap between their theories is where the politics of this…
Read the extractPresident Tshisekedi did not send a mining engineer to fix Gécamines. He sent the EY partner who sat on the cell negotiating the US deal, and…
Read the extractThe World Bank counts a legal framework among its two conditions for reaching financial close on Inga 3. Congolese deputies threw out a Grand Inga law…
Read the extractKatanga is short 2,000 MW. Angola has the surplus. The capital wiring the two together answers to Luanda and the Gulf, not to Washington's treaty.
Read the extractBoth things are true, they are in the same release, and only one of them made the headlines. The localisation is real. So is the relocation…
Read the extractThree consecutive US assessments have asked the DRC to disclose how its sovereign wealth fund is financed. The disclosure exists. It cites a decree the government…
Read the extractThe officials gave two reasons investors stay away. Both matter, and they are usually collapsed into one.
Read the extractThe Sanctions Architecture of the Washington Accords Faces Its First Courtroom Test with Joseph Kabila, sanctioned by the US Treasury on April 30, 2026 for material…
Read the extractRatification, implementation and the hundred-day test. The complete record of the instrument at the center of the partnership.
Included in ProfessionalThe security conditions the partnership rests on, from the eastern provinces to cross-border exposure.
Included in ProfessionalGeneration capacity, transmission commitments, energy dependency, geopolitical and ecomonical stake underwriting the Inga project.
Included in ProfessionalThe reform calendar, milestone by milestone, with compliance tracking and the actors accountable for each.
Included in ProfessionalThe definitive living file on the SAR: mandate drafting, qualification criteria, allocation politics and every operator in contention.
Included in ProfessionalFinancing, contractors and completion status for each Lobito Corridor works package.
Included in ProfessionalIn May 2026, the Council of Ministers adopted a decree adding six more. Three to nine, in one act yet most coverage reported the royalty. The…
Read the extractTwo states moved on the same company for the same metal within six months. Neither named the Congolese mines that make both deals work, and neither…
Read the extractTwo months after 56 percent of Congolese conditionally endorsed the American bargain, the treaty they priced sits adopted, unpromulgated, and overtaken on both sides of the…
Read the extractThe 17 August letter is right where it has been doubted, wrong where it is most confident, and blind to the provision that would have made…
Read the extractThis strategic intelligence briefing explores regional infrastructure developments in Central Africa, highlighting the role of Lobito Corridor, transport link in shifting trade flows.
Read the extractWashington is financing a route through Angola. Abu Dhabi is signing terms for terminals on the Congolese coast. The obligations and the capacity are moving in…
Read the extractThe Lobito Corridor's Congolese segment dedicated dossier
Included in ProfessionalThe Lobito Corridor, explained: the railway the US-DRC Strategic Partnership names as its export spine, the five-year volume targets, and why it turns Congolese metal west.
Included in EssentialHow the US-DRC Strategic Partnership is financed, explained: why the agreement carries no money, where the capital actually comes from, and why that makes it a…
Included in EssentialHow the US-DRC Strategic Partnership is enforced, explained: why it has no penalty clause, what happens if commitments are missed, and where the real teeth actually…
Included in EssentialThe DRC used a 9 billion dollar US mining deal to extract a Chinese trade concession. But the Orion-Glencore MOU cannot close, and Kinshasa's leverage has…
Read the extractOFAC designated Joseph Kabila on 30 April 2026. Five immediate compliance steps for SPA-aligned investors and operators with DRC exposure.
Read the extractThe US-DRC Strategic Partnership versus China's approach in the Congo, explained: barter against rules, why owning the mines is not enough, and which model has delivered.
Included in EssentialThe Strategic Asset Reserve, explained: how the US-DRC Strategic Partnership decides which Congolese mineral assets US investors see first, and the first-offer clock on each one.
Included in EssentialThe Qualifying Strategic Project, explained: the ownership and control test under the US-DRC Strategic Partnership, the twenty-year equity clock, and how it differs from the SAR.
Included in EssentialArticle XII of the US-DRC Strategic Partnership, explained: the reforms the Congo must enact, the twelve-month clock and its two deadlines, and why these reforms matter.
Included in EssentialThe Joint Steering Committee, explained: the ten-member body that runs the US-DRC Strategic Partnership, what it decides, why consensus matters, and why it is the body…
Included in EssentialWhat the US-DRC Strategic Partnership covers, explained: the four areas of cooperation, why it is not only a minerals deal, and what the agreement does and…
Included in EssentialEvery mechanism, institution, and legal term in the US-DRC Strategic Partnership Agreement, defined against the treaty text. Read The SPA, Explained for how the mechanisms fit...
Included in EssentialThe Sakania-Lobito Corridor is a strategic transit railway routing project designed to connect the mineral-rich Katanga region of the Democratic...
Read the extractThe US-DRC Strategic Partnership is a bilateral framework between the United States and the Democratic Republic of Congo, announced in...
Read the extractThis dossier contains version-controlled analysis tracking the application of the Strategic Asset Reserve framework to the Katanga cobalt market. It...
Included in ProfessionalThe concession award for the Sakania-Lobito Corridor logistics consortium marks a structural change in the financing and risk structures of...
Read the extractThe explainer library and the Partnership hub stay open to everyone, permanently. A subscription opens the Friday Brief in full; Professional opens the Analysis, the Dossiers, the Registers and the archive.
