Analysis

The 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…

Chinese 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…

Alert level: Elevated on the constitutional track. The treaty has entered the mandate fight.

An 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…

America'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…

Sibéka 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…

Alert level: Elevated on institutions and corridors. Not on signature theater.

The 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…

Hours 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…

President 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…

The 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…

Katanga 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.