MINING (133)
Chinese miner CMOC Group Ltd produced 87,974 tons of cobalt in the Democratic Republic of Congo (DRC) between January and September 2025, up 3% from the same period a year earlier, the company said in an operational report on Oct. 24.
The combined output from its Kisanfu and Tenke Fungurume mines keeps the company on track to meet its 2025 target of between 100,000 and 120,000 tons, compared with 114,200 tons in 2024.
Most of this year’s production, however, cannot be exported. The DRC , the world’s largest cobalt producer , imposed an export embargo on Feb. 21, 2025, later replaced on Oct. 16 by a quota system that limits CMOC to shipping 6,500 tons in the final quarter of the year.
For 2026, the company will be allowed to export 31,200 tons, based on December 2025’s authorized volume being maintained each month, unless regulations are breached. Over the two-year period, CMOC’s cumulative exports will be capped at 37,700 tons, less than half its output for the first nine months of 2025. Executives have described the situation as “barely tolerable.”
The quota regime is expected to remain in place until at least 2027. A total of 18,125 tons was approved for 2025, and the combined authorized export volume is projected to reach 96,600 tons for 2026 and 2027. The strategic minerals regulator ARECOMS may adjust these quotas depending on market conditions.
Kinshasa hopes the new rules will lift cobalt prices and encourage miners to invest in local refining and value-added production. Unofficial reports suggest the government is targeting a floor price of $60,000 per tonne, about triple the level recorded in February 2025, when the embargo took effect.
Cobalt currently trades at around $45,000 per tonne on the London Metal Exchange. Prices are expected to rise as the DRC, which accounted for nearly 75% of global supply in 2024, curbs exports. Global demand is forecast to increase by 4% in 2025 and 6% in 2026, according to the Cobalt Institute.
Pierre Mukoko
The DRC army's aviation carried out new strikes on the Twangiza Mining gold processing plant in Mwenga territory, South Kivu, during the night of Oct. 22-23, 2025, according to local media reports. The site, located about 40 kilometers southwest of Bukavu, has been occupied by the M23 rebel group since early May 2025, forcing the company to declare force majeure.
Twangiza Mining told Reuters that it has lost over 100 kilograms of gold per month since the takeover, in addition to equipment and material valued at an estimated $5 million. The company did not specify whether the damage was due to theft, destruction, or abandonment. The approximately 500 kilograms of gold lost to date represents about $70 million at current market prices, bringing the total estimated loss to around $75 million.
The strikes overnight into Oct. 23 were the third aerial operation against the facilities held by the rebels. Previous attacks a week earlier had already damaged the electrical infrastructure supplying the plant. Local sources indicate the latest shelling targeted fuel tanks and backup generators, including those already out of service, in a bid to hinder the M23's alleged illegal gold processing activities.
Sources familiar with the operation said the Twangiza Mining plant has a production capacity of over 300 kilograms of gold per month. However, the company has not appeared in official industrial production statistics since 2021. This prolonged absence raises questions now that the firm claims to have lost over 100 kilograms of gold monthly since the site fell under rebel control.
In 2020, Canadian company Banro, which had operated the Twangiza gold mine since 2012, announced it had sold its stake to minority shareholder Baiyin International Investments for a symbolic franc. Local media reported that Baiyin subsequently transferred the site to the Chinese company Ultrawell.
Timothée Manoke
The Democratic Republic of Congo (DRC) has signed a Memorandum of Understanding (MoU) with U.S.-based Hydro-Link LLC to build a 1,150-kilometer transmission line that will import 1.2 gigawatts (GW) of electricity from Angola.
The deal, worth an estimated $1.5 billion, was signed on October 14, 2025, during the DRC-U.S. Economic Forum in Washington by DRC Minister of Hydraulic Resources and Electricity Aimé Molendo Sakombi and Hydro-Link CEO Paul Hinks.
This agreement completes a series of preliminary MoUs required to advance the project. Hydro-Link first signed an initial framework with its partner Mitrelli at the 17th U.S.-Africa Business Summit held by the Corporate Council on Africa in Luanda on June 22, followed by accords with Angola and the DRC.
The transmission line is slated for commissioning in 2029, though several steps remain before construction begins, including licensing and financing. Hydro-Link plans to seek a loan from the U.S. Development Finance Corporation (DFC) to fund about 70% of the cost, with additional support from the U.S. Trade and Development Agency (USTDA) for feasibility studies and U.S. Exim Bank export credits.
In the DRC, the energy shortfall for mining operators is estimated at 1,500 MW, according to the Ministry of Mines. The new line will carry electricity generated mainly at Angola’s Lauca hydropower plant to the Kolwezi mining zone in Haut-Katanga, where major producers such as Glencore and Ivanhoe Mines operate.
The African Development Bank (AfDB) estimates that Angola currently has 1.5 GW of surplus clean hydropower capacity, projected to reach 3.5 GW by 2027. The Hydro-Link initiative is the third project aimed at transmitting this excess power to Congo’s mining centers, alongside efforts by Morocco’s Somagec and a consortium led by Trafigura and ProMarks.
“With the rapid growth of the mining sector, we anticipate a complete transformation of Congo’s energy supply over the next decade,” said Paul Hinks, CEO of Hydro-Link and founder of New York-based Symbion Power.
Kinshasa and Washington are also exploring a “minerals-for-security” partnership intended to encourage U.S. investment in the DRC. Following the MoU signing, Minister Sakombi said, “I welcome this partnership and invite American investors to follow suit.”
Ronsard Luabeya
• Belgium Innovation Company (Belinco) will conduct a three-month gold exploration mission in Luiza, Kasai Central, Democratic Republic of Congo (DRC).
• The company plans to train local teams and may invest further if results confirm significant mineral potential.
• Belinco, active in the DRC for over 15 years, previously partnered with Hazina Investments SAS on feasibility studies for Leta Mbanvu Mining Company in Luiza.
Belgium Innovation Company (Belinco) plans to start a gold exploration mission in Luiza, located in the Kasai Central province of the Democratic Republic of Congo (DRC).
The announcement came from Sahel Tshibangu, head of the Cooperative of Artisanal and Agricultural Miners of Luiza (CEMIAL), who led a company delegation to meet the acting provincial governor, Job Kuyindama, on October 3, 2024.
Tshibangu said the initiative is based on previous geological studies conducted in the area. The three-month mission aims to identify gold reserves and assess other exploitable mineral resources across the Luiza territory.
Representatives of Belinco also plan to strengthen the technical capacity of local teams to support the exploration process. If results prove promising, the company will expand its investment to the production stage, subject to official provincial approval.
Belinco, which has operated in the DRC for over 15 years, specializes in mining exploration and extraction. The company’s headquarters are in Kinshasa, and it is led by mining expert Joseph Olcauz.
In 2023, Belinco partnered with Hazina Investments SAS to conduct research and a feasibility study for Leta Mbanvu Mining Company, which holds mining rights in Luiza.
The upcoming mission marks a new phase of mineral development in Kasai Central, a province increasingly attracting junior and mid-tier mining investors seeking to tap underexplored gold deposits in central DRC.
This article was initially published in French by Ronsard Luabeya
Adapted in English by Ange Jason Quenum
The Strategic Mineral Substances Markets Regulation and Control Authority (Arecoms) finalized the practical terms for implementing the Democratic Republic of Congo's (DRC) new cobalt export quota policy on October 10, 2025. The policy was first announced on September 20.
The quotas, approved by the Arecoms Board, allocate export volumes for the last quarter of 2025 to 21 companies.
China's CMOC Group, the world's largest cobalt producer, was granted 6,500 tons,4,250 tons for its Kisanfu Mining (KM) subsidiary, and 2,250 tons for Tenke Fungurume Mining (TFM). This total represents nearly 36% of the global volume allocated. Glencore follows with 3,925 tons, split between 2,775 tons for Kamoto Copper Company (KCC) and 1,150 tons for Mutanda Mining (MUMI). Combined, the two foreign giants capture 58% of the available quotas.
This dominance is rooted in the allocation formula. The Arecoms document specifies that "the base quota is distributed pro rata based on the historical quantities exported between January 1, 2022, and December 31, 2024." Exemptions were made for the state-owned Entreprise générale du cobalt (EGC) and the Société du Terril de Lubumbashi (STL), which were allotted 1,175 tons and 300 tons, respectively. During the 2022-2024 period, CMOC and Glencore controlled nearly 60% of total Congolese cobalt exports.
CMOC, whose primary shareholder is Chinese battery maker CATL, has not yet officially responded to the decision. However, the allocation poses a major challenge for the group, which relies heavily on Congolese cobalt to meet surging demand in China. Its metal trading subsidiary, IXM, already declared force majeure on June 30 due to the initial Congolese export embargo imposed in February 2025.
Despite the export suspension, CMOC maintained its operational pace in the DRC, extracting 61,073 tons in the first half of 2025 and projecting a full-year output of 100,000 to 120,000 tons. With only 6,500 tons authorized for the fourth quarter of 2025 and an estimated 31,200 tons for 2026 (based on the December quota being rolled over), the company will only be able to sell a small fraction of its production. Over two years, its total authorized exports would likely be capped at 37,700 tons, falling far short of its annual capacity.
Even if CMOC were to secure the entirety of the 9,600 tons set aside for "strategic quotas" in 2026, a volume reserved for projects deemed "of national importance" and allocated at Arecoms’ sole discretion,the situation would remain critical for the company.
Enforcement and Market Risk
CMOC also risks having its quotas revoked entirely. Sanctions are prescribed against any company that processes mining tailings or concentrates obtained from unauthorized third parties or artisanal miners, sells its quota to another firm, fails to export the allocated volumes, or violates existing laws.
While the export embargo is scheduled to end on October 15, the resumption of shipments could still face delays. To obtain an export certificate, operators are now required to present proof of prepayment of the mining royalty, validation of their available quota, a traceability certificate issued by Arecoms, and an environmental and fiscal compliance certificate.
Since the imposition of the embargo, the price of cobalt has more than doubled. On October 12, 2025, a tonne of cobalt was trading at $42,725 on the London Metal Exchange, compared to just $21,000 at the end of February.
Pierre Mukoko
Congolese mining company Compagnie minière Orient industrielle (Comoi-Sarl) has accused Ding Sheng SARL, a Chinese-owned firm, of illegally operating on three of its gold concessions in Mambasa territory, Ituri province.
In a complaint reported by the ACP news agency, Comoi-Sarl claims that Ding Sheng SARL is operating without authorization on its concessions, in breach of the national Mining Code. In its official complaint to the head of the General Inspectorate of Mines (IGM) in Kinshasa, Comoi-Sarl said it is the sole holder of research permits No. 16133, 16188, and 16325, all properly registered and validated by the mining authorities.
The company has requested that the IGM immediately suspend Ding Sheng SARL’s operations, seize its equipment, and order $10 million in damages for losses incurred.
According to ACP, an inspection team from the provincial mines division in Ituri confirmed the presence of Ding Sheng SARL’s operations on the disputed sites, supporting Comoi-Sarl’s allegations. The case has been referred to local authorities for follow-up, including the head of the Congolese National Police’s economic and financial crimes unit in Ituri, the Mambasa territory administrator, and the local mining office chief.
The incident follows a similar crackdown on Oct. 5, when Chinese nationals were arrested for illegal mining at a Kibali Gold concession in Haut-Uélé. That operation, led by Mines Minister Louis Watum Kabamba, resulted in the seizure of equipment and the immediate closure of the site.
Ronsard Luabeya
Alphamin Resources Ltd said it expects to produce between 18,000 and 18,500 tons of tin in 2025 at its Bisie mine in the Democratic Republic of Congo (DRC). The company raised its April forecast of 17,500 tons, according to an operational update published on October 8.
The operator initially planned to produce 20,000 tons in 2025. However, Alphamin cut its target earlier this year after halting operations in March because of rebel activity in eastern Congo.
The company reported a cumulative output of 13,566 tons in the first nine months of 2025. It expects to add around 5,000 tons in the fourth quarter, which would bring annual production to the new range of 18,000–18,500 tons.
“The Company expects to produce approximately 5,000 tons of contained tin during the final quarter of the financial year which, together with its year-to-date production of 13,566 tons, increases tin production guidance for FY2025 to between 18,000 and 18,500 tons (17,500 tons previously),” the company said in its update.
The Bisie mine produced 5,190 tons of tin in the third quarter, a 26% increase from the second quarter, which had been impacted by the temporary shutdown. The company attributed the rebound to “processing facilities continuing to deliver good results.”
Alphamin reported annual output of 17,324 tons in 2024. The company said final fourth-quarter results will determine whether the revised 2025 target is fully achieved.
Ten illegal gold mining sites have reportedly been identified inside the concessions of Kibali Gold Mines, a subsidiary of Canada’s Barrick Gold, in Haut-Uélé province.
The finding was announced on October 5, 2025, after an inspection led by Mines Minister Louis Watum Kabamba, joined by the provincial governor and security officials.
The Kibali concessions, covering about 1,836 square kilometers in the Moto goldfields of Watsa territory, are among ten permits held by the company. Officials say these areas are regularly invaded by illegal artisanal and semi-industrial miners.
At Barrick Gold’s 50th annual conference in 2023, CEO Mark Bristow had already warned about the rise of illegal mining in parts of Haut-Uélé, citing the involvement of foreign operators, mainly of Asian origin.
During the minister’s visit, several Chinese nationals were caught mining inside one of the concessions. They were carrying out open-pit artisanal and semi-industrial operations using heavy machinery and employing Congolese workers in unsafe conditions, in violation of the Mining Code.
Provincial authorities and security forces dismantled the network. The minister ordered the arrest of those involved, the seizure of equipment, and the closure of the site. He denounced the illegal exploitation of national resources by foreign operators.
The scale of Kibali Gold’s losses is still unclear. However, during a meeting with the Mines Minister on September 18, 2025, industry representatives called encroachment on mining concessions the “most critical problem.” The Federation of Enterprises of Congo (FEC) estimates that the phenomenon has already cost at least one mining company more than $3 billion through illegal extraction.
Ronsard Luabeya
Chinese electronics component maker Shenzhen Hongfuhan Technology is set to be the main investor in a 30 megawatt (MW) solar power plant designed to supply the Kamoa-Kakula mining complex in the Democratic Republic of Congo (DRC).
Citing Chinese media, sources reported on Wednesday, October 1, 2025, that Hongfuhan announced it would soon sign a partnership agreement with its compatriot, Green World Energy and Green World's parent company, the Construction and Commercial Development Company (SDCC), to finance the $198 million project.
Hongfuhan, a Shenzhen-based firm that recently expanded into the solar sector, plans to invest $158.4 million in the project, with Green World/SDCC covering the remaining balance.
The pending agreement includes the creation of a joint venture, with shares distributed proportionate to the investment: 80 percent for Hongfuhan and 20 percent for Green World/SDCC. Green World/SDCC will handle construction, installation, operation, and maintenance, while the majority shareholder, Hongfuhan, will exercise control.
In April 2025, Kamoa Copper, the owner of the Kamoa-Kakula mine, signed a power purchase agreement with Green World Energy. The Beijing-based firm committed to financing, building, and operating a solar plant with a constant power capacity of 30 MW. Hongfuhan states the contract duration is 15 years.
High Profitability Expected
During the first 5.5 years—a period encompassing the construction phase and deemed necessary to recoup the initial investment—net profits will be shared pro rata to the joint venture stakes. After that, the distribution will shift to 76 percent for Hongfuhan and 24 percent for SDCC.
Kamoa Copper plans to boost its total solar capacity to 120 MW to power Kamoa-Kakula, which has an annual copper production capacity of 600,000 metric tons. The mining company has also signed an agreement with CrossBoundary Energy DRC to finance, build, and operate a separate 30 MW constant-power solar plant, with a contract duration of 17 years.
Both solar projects, including grid connection, are expected to be completed by the end of July 2026. By that deadline, the Kamoa-Kakula complex’s electricity needs are projected to reach 240 MW. The company aims to cover this demand exclusively with green energy, retiring its diesel generators.
Beyond solar, Kamoa is also relying on hydropower, specifically through the rehabilitation of Inga II’s Turbine 5 (178 MW). Full commissioning of the turbine is expected in 2026 after network reinforcement. With these combined projects, Kamoa Copper anticipates being able to reduce its electricity imports from Zambia and Mozambique.
Timothée Manoke
Highlights:
• Chemaf could halt copper cathode production by November after failed sale process that began in August 2023
• Company needs $250-300M to complete expansion projects despite already investing $570M in new mines
• 3,000 jobs at risk as unions report wage delays amid $900M total debt burden
Mining company Chemaf may cease copper cathode production as early as November after months of financial difficulties, according to a management letter obtained by Radio Okapi on September 19, 2025. Board Chairman Shiraz Virj confirmed the potential shutdown, attributing it to the collapse of sale negotiations that began in August 2023.
Although a potential buyer had been identified, the transaction failed to secure expected regulatory approvals by March 2025. "We are doing everything we can to reach an agreement. However, in the absence of a new investor, Chemaf will be forced to cease operations," Virj said.
The company has been stretched by ambitious expansion projects, particularly developing the Mutoshi mine in Kolwezi and phase 2 of the Étoile mine in Lubumbashi. Both projects are over 80% complete, with more than $570 million already invested, but still require between $250 million and $300 million to finish. Once operational, these facilities would boost Chemaf's annual capacity to 75,000 tons of copper and 25,000 tons of cobalt hydroxide.
Owned 94.68% by Chemaf Resources Ltd and 5% by the Congolese government, the company carries total debt approaching $900 million. In June 2024, Chemaf announced an agreement to sell assets to Chinese group Norin Mining, including a major cobalt project on a Gécamines permit. However, the state-owned company opposed the transaction, seeking control of Chemaf itself.
Bloomberg reports that an American consortium led by Orion Resource Partners and Virtus Minerals, backed by main creditor Trafigura, is currently negotiating a takeover. Orion would provide financing while Virtus handles management. However, according to Jeune Afrique, this deal also lacks Gécamines' approval.
To address the impasse, company unions have initiated talks with Kinshasa authorities, calling for direct state involvement to guarantee jobs and establish tripartite dialogue. Unions already report wage delays, production drops, and benefit cuts affecting approximately 3,000 workers who fear worsening conditions if sale uncertainty persists.
The potential closure would eliminate a significant copper and cobalt producer in the DRC's mining heartland, highlighting the challenges facing mining companies caught between expansion ambitions and financing constraints in the current market environment.
Ronsard Luabeya
More...
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Qatar Investment Authority to acquire 4% stake in Ivanhoe Mines.
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Deal worth $500 mln awaits Toronto Stock Exchange approval.
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Funds to support copper, zinc projects in DRC and global exploration.
Ivanhoe Mines said on Sept. 17 it had struck a deal with Qatar’s sovereign wealth fund for a $500 million investment. The agreement gives the Qatar Investment Authority (QIA) a 4% stake in the Canadian miner through the purchase of 57.5 million shares.
The private placement is pending approval by the Toronto Stock Exchange. Ivanhoe’s top shareholders, CITIC Metal Africa Investments and Zijin Mining Group, retain the right to acquire shares at the same price as QIA to keep their level of participation.
QIA chief Mohammed Saif Al-Sowaidi said the investment reflected confidence in Ivanhoe’s assets and its role in supplying minerals for the energy transition. "This strategic investment reflects QIA's belief not only in Ivanhoe Mines' world-class portfolio of assets, but more importantly in supporting its team to find, develop and sustainably supply the minerals essential to the global energy transition and advanced technology applications," he said.
Ivanhoe claimed it plans to channel the funds into exploration and mining projects. In the Democratic Republic of Congo, the TSX-listed firm owns 39.6% of the Kamoa-Kakula copper mine, the country’s largest copper mine, and 62% of the Kipushi zinc mine. Ivanhoe operates both projects.
PM with Ecofin Agency
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Chinese company Longjing Environmental Protection invests $399 million in a 140 MW hydroelectric plant in DRC's Haut-Lomami province
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Zijin Mining applies for a concession to develop the 108 MW Mpiana-Mwanga hydroelectric station to power the world-class Manono lithium project
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Combined projects will supply mining operations while providing electricity to local communities across multiple provinces
According to several trading platforms, Chinese environmental technology company Longjing Environmental Protection will invest $399 million in a 140 MW hydroelectric power plant in the Democratic Republic of Congo (DRC). The move highlights Beijing's deepening energy infrastructure push across mineral-rich Central Africa.
The project in Haut-Lomami province represents the latest phase of Chinese industrial expansion in the DRC, where parent company Zijin Mining operates extensive mining concessions and is positioning itself to tap one of the world's largest lithium deposits.
Lualaba River Project Powers Mining Expansion
Longjing's subsidiary Zijin Longjing secured 80% control of the hydroelectric project through its Hong Kong arm, which acquired rights-holding company GML. Located on the Lualaba River, approximately 200 kilometers from Kolwezi—home to several Zijin Mining concessions—the facility will generate an estimated 714 million kilowatt-hours annually.
Construction is scheduled to take three and a half years, with 90% of electricity earmarked for Zijin's mining sites and 10% allocated to local communities. The project aligns with Longjing's strategy of combining environmental protection with renewable energy development while supporting broader group expansion.
Lithium Ambitions Drive Second Major Project
Simultaneously, Zijin Mining has applied for concession rights to develop the 108 MW Mpiana-Mwanga hydroelectric station on the Luvua River in Tanganyika province. This facility, located over 90 kilometers northeast of Manono, will primarily power the massive Manono lithium project—considered among the world's largest high-grade lithium deposits.
The application, submitted through the Katamba Mining joint venture with Congolese state company Cominière, signals Zijin's commitment to securing reliable power for lithium extraction operations critical to global battery supply chains.
Vice President James Wang indicated the Mpiana-Mwanga station will also serve local communities, including Manono town and territory, Kanuka village, Malemba Nkulu territory, and Manono airfield—demonstrating efforts to balance industrial needs with community development.
Strategic Energy Infrastructure Play
The dual hydroelectric investments reflect a broader Chinese strategy in the DRC: securing energy infrastructure to support mineral extraction while positioning for long-term industrial presence. Zijin Mining's 29.25% stake in Longjing's parent company, Fujian Longking, underscores the integrated approach linking mining operations with power generation.
For the DRC, these projects promise much needed electricity infrastructure while raising questions about resource control and community benefits as Chinese industrial presence expands across the country's mineral-rich provinces.
Timothée Manoke
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Worker crisis escalates with delayed salaries, reduced benefits, as months-long Chemaf sale uncertainty affects production
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Bidding competition between an American consortium and a blocked Chinese deal over debt-laden mining assets worth $900M
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Union pressure mounts for government intervention, written job guarantees, and a dialogue framework amid financial collapse
In the Democratic Congo Republic (DRC), Workers at financially troubled mining company Chemaf Resources are urging Congolese authorities to accelerate a stalled sale process, warning that mounting uncertainty threatens jobs and social stability across the company's operations.
In a memorandum to the Ministry of Employment obtained by the Congolese Press Agency, the Chemaf union delegation highlighted deteriorating conditions as the sale drags on: delayed salary payments, reduced social benefits, and plummeting production levels at facilities including the flagship Mutoshi mine in Kolwezi.
Employee representatives, who say they have been kept in the dark for months about sale negotiations, expressed fears that aging equipment and declining activity could worsen their plight. The union is demanding direct government intervention to remove administrative obstacles, written guarantees for job protection and social rights, and the establishment of permanent dialogue between authorities, management, and workers.
The company's financial crisis has attracted international attention, with Bloomberg reporting that an American consortium including former Special Forces members is currently negotiating to acquire Chemaf's assets. The group comprises Orion Resource Partners and Virtus Minerals, backed by Trafigura, Chemaf's primary creditor.
The potential deal follows a collapsed agreement from June 2024, when Chemaf had arranged to sell its assets—including a major cobalt development project on a Gécamines permit—to Chinese group Norin Mining. However, the state-owned mining company blocked that transaction with a counteroffer, leaving workers in limbo.
Under the proposed American deal, Orion would provide financing while Virtus assumes operational management of a company struggling with debts estimated at nearly $900 million.
The standoff illustrates broader challenges facing Congo's mining sector, where geopolitical competition over critical minerals intersects with urgent needs for economic stability and worker protection.
Ronsard Luabeya
Highlights
• DR Congo and Al Mansour Holding Seal 18 agreements totaling $21 billion.
• These investments are part of a $300 billion fund Doha has dedicated to Africa and Asia, handled via Al Mansour Holding.
On 2nd September 2025, Sheikh Al-Mansour Bin Jabor Bin Jassim Al Thani, leader of Al Mansour Holding and cousin of Qatar’s Emir, arrived in Kinshasa. This visit culminated in the signing of 18 agreements with the Democratic Republic of Congo (DR Congo), totaling $21 billion according to the Prime Minister's office.
The signing ceremony was presided over by Deputy Prime Minster and Transportation Minister Jean-Pierre Bemba and attended by Public Health Minister Roger Kamba, Professional Training Minister Marc Ekila and other government members.
The agreements cover 15 sectors: fishing and livestock, agriculture, environment, public health, telecommunications, occupational training, national identity systems, logistics and transportation, water resources and electricity, finance and banking, cybersecurity, security and defense, urban development, mining and refining (copper, cobalt, gold), and hydrocarbons.
Although Sheikh Al-Mansour is acting as a private investor, these partnerships also involve the State of Qatar. As Jeune Afrique reported in August 2025, the $21 billion designated for DR Congo comes from a $300 billion fund that Doha has set aside for Africa and Asia, managed via Al Mansour Holding.
Key projects include the redevelopment of Kinshasa; the construction of Gateway City in Kasumbalesa; the creation of Congo Pharma, a medical equipment and drug manufacturing facility to reduce imports; the construction of 1.5 million affordable houses; the development of industrial units for the treatment and refining of minerals; and the modernisation of airports, including N'Dolo in Kinshasa.
In the oil and gas sector, there are plans to identify and assign strategic plots to Sonahydroc in the Albertine Graben and Central Basin, before a operational partnership with Amoc Oil and Gas, a subsidiary of Al Mansour Holding, is implemented. To secure these investments, preparatory documents also anticipate the deployment of private security companies in sensitive areas, approved by the Congolese Ministry of Defense.
According to Nidal Ammache, adviser to Sheikh Al-Mansour, these 18 memorandums are the result of a year of collaboration. Upon receiving the letter of intent, Prime Minister Judith Suminwa Tuluka praised a "win-win partnership" that demonstrates her government's openness to private investments, seen as a lever for economic diversification, job creation, and sustainable development.
Before Kinshasa, the Sheikh Al-Mansour and the Qatari delegation he led were in Zambia, Zimbabwe, Mozambique, and Botswana. In these countries, they also sealed deals totaling $51 billion.
The tour is set to continue in Tanzania, Gabon, Burundi, Central African Republic, and Angola, with a total portfolio exceeding $100 billion. With its $21 billion, DR Congo is one of the main recipients of these announced investments.
Timothée Manoke, stagiaire