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Last year, at the beginning of the 2024-2025 academic year, the Democratic Republic of Congo (DRC) started building “a unified national database for higher and university education”. The system tracks students from enrollment to graduation and academic staff from recruitment to retirement. 

According to a circular dated February 12, 2025, the database will be managed through the PathAcademia digital platform, developed by Hope Systems and Finance. The circular was signed by Marie-Thérèse Sombo Ayanne, Minister of Tertiary and Higher Education (ESU). 

The same note indicates that the "ESU Digital Solution" fees will be paid to Hope Systems at $20 per student. With approximately 564,000 students enrolled in higher education in 2019-2020, this partnership is projected to generate over $11 million in revenue for Hope Systems in 2025, potentially increasing with annual student growth. However, it remains unclear whether this payment will be recurring or a one-time settlement.

The contract between the Ministry and Hope Systems has not been publicly disclosed, making it difficult to determine the full scope of services the company is expected to provide. Nonetheless, the circular indicates that the PathAcademia platform should be capable of storing historical data, integrating bank payment systems, and interfacing with existing digital management models within educational institutions. Typically, such services also include data storage and protection, platform maintenance, and user training.

For now, little is known about Hope Systems and Finance, as its website is currently under maintenance and the company does not appear to be active on social media. During a recent meeting with the Minister of ESU, the company's operations manager, Alex Mukadi, described it as an IT specialist firm. 

Pierre Mukoko and Boaz Kabeya (intern)

Posted On mercredi, 26 février 2025 16:17 Written by

Mining companies invested $130.7 million in exploration activities in the Democratic Republic of Congo (DRC) in 2024. S&P Global Market Intelligence disclosed the figure in a report issued on February 21, 2025. Over the year reviewed, $1.3 billion was invested in Africa, and the DRC was the leader in mining exploration investment.

The investments in the DRC were predominantly focused on copper, with $71.5 million allocated to this sector. This strong performance propelled the DRC to ninth place globally, just ahead of Zambia, Africa's second-largest copper producer, which attracted $65.5 million in 2024.

In the cobalt sector, exploration spending in the DRC reached $8.3 million, securing the country's position as the second-largest recipient of cobalt exploration funding worldwide, behind Australia, which received $15.2 million.

The report does not provide the amount invested in gold, coltan, tin, and zinc, despite the country having significant reserves. The DR Congo hosts one of the largest gold mines in Africa, the Kibali mine.

The DRC's dominance in copper and cobalt exploration is likely driven by its vast mineral reserves. The country holds approximately 50% of the world's cobalt reserves and accounts for over 70% of global cobalt production. It is also the world's second-largest copper producer, responsible for 65% of newly announced copper reserves globally in 2023. Both metals are crucial for the energy transition, with copper demand projected to reach 50 million tonnes by 2050, up from 32 million tonnes now.

Chinese companies currently dominate the mining sector in the DRC, in the copper and cobalt sub-sectors especially. They control about 80% of the country's mines. To change this dynamic, Kinshasa has been seeking new partnerships with countries like Saudi Arabia and the United States.

This article was initially published in French by Emiliano Tossou

Edited in English by Ola Schad Akinocho

 

Posted On mercredi, 26 février 2025 08:12 Written by

On February 24, 2025, the European Union's Foreign Affairs Council announced a review of its Memorandum of Understanding (MoU) with Rwanda on strategic minerals, signed in February 2024. This decision, communicated by EU High Representative Kaja Kallas, is part of broader efforts to pressure Rwanda to respect the territorial integrity of the Democratic Republic of Congo (DRC).

"Consultations on defense issues with Rwanda have been suspended. There is also a political decision to apply sanctions, depending on developments on the ground. We have asked Rwanda to withdraw its troops from DRC territory. Finally, the memorandum of understanding with Rwanda on critical raw materials will be re-examined," said Kallas, Vice-President of the European Commission.

The move follows a surge in violence in eastern DRC, where M23 rebels and Rwandan troops have been advancing since January, occupying key cities like Goma and Bukavu. On February 24, Congolese Prime Minister Judith Suminwa Tuluka reported that the conflict has claimed over 7,000 lives since the start of the year.

Supply Chains Contaminated

The EU-Rwanda MoU aims to “foster sustainable and resilient value chains for critical raw materials”, and secure the EU’s supply of strategic minerals such as coltan, essential for sustainable development and the energy transition. It also highlights both parties’ commitment to promoting responsible mining practices and building local capacity in Rwanda.

However, UN experts have revealed that Rwanda is mixing minerals from M23-controlled areas with its resources, leading to “the largest contamination of mineral supply chains in the Great Lakes region.” The DR Congo government has criticized this partnership, arguing it facilitates Rwanda’s plundering of Congolese resources.

On February 12, 2025, the DRC declared all mining sites in the Masisi and Kalehe territories "red," prohibiting exploitation in coltan and tin ore areas. The measure concerns 38 mining concessions, notably in the Rubaya and Nyabibwe sectors, rich in coltan and cassiterite (tin ore).

According to data gathered by the Ecofin Agency, Rwanda's coltan exports surpassed those of the DRC in 2023, with Rwanda exporting 2,070 tonnes, a 50% increase, compared to the DRC's 1,918 tonnes. 

This article was initially published in French by Ronsard Luabeya (intern)

Edited in English by Ola Schad Akinocho

 

Posted On mercredi, 26 février 2025 07:43 Written by

A week ago, Ahmed Mukuna, the quaestor of the Haut-Katanga provincial assembly, led a delegation to a Coordination Unity of the Transforme Project. Mukuna went to find out why Lubumbashi was excluded from the program. This initiative, which supports small and medium-sized enterprises (SMEs), overlooked the capital of Haut-Katanga, despite its participation in the pilot phase of the project, the PADMPME.

Alexis Mangala, the project's National Coordinator, explained that the financing agreement signed with the World Bank in June 2022 dictates which towns will benefit. Currently, only Bukavu, Bunia, Goma, Kananga, Kinshasa, Matadi, Mbuji-Mayi, and the Kasangulu-Muanda Corridor are included.

During the visit, the Haut-Katanga delegation said it would keep pledging its case with the Minister of Finance and the World Bank. They emphasized that this support is crucial for local SMEs, which have protested against the exclusion.

This appeal comes at a time when several cities involved in Transforme have been affected by renewed tensions following an offensive by M23 rebels and their Rwandan allies that began in January 2025. Bukavu and Goma, the capitals of South and North Kivu respectively, are currently under rebel control, threatening economic activities. Meanwhile, Lubumbashi is stable and seems like a viable alternative for the project. However, incorporating Lubumbashi into Transforme would necessitate a revision of the existing financing agreement with the World Bank.

The program directly supports businesses and aims to foster a sturdier entrepreneurial ecosystem. Beneficiaries will be selected through a business plan competition, with three competitions planned between September 2024 and June 2027 to support 800 SMEs and establish 3,050 new businesses. The initiative also aims for 60% female participation among winners and partly focuses on climate resilience.

This article was initially published in French by Boaz Kabeya (intern)

Edited in English by Ola Schad Akinocho

Posted On vendredi, 21 février 2025 16:20 Written by

The price of Arabica coffee, a key export for the Democratic Republic of Congo (DRC), has surged on international markets. According to Reuters, As of February 12, 2025, Arabica futures were trading at approximately $4 per pound, or $8.80 per kilogram.

The surge is mainly attributed to rising transaction costs on the ICE exchange, where margins have been raised by 10% to $10,410 per contract nearly double what they were a year ago. As a result, many traders have liquidated their positions, further driving up prices.

The DRC's Ministry of Foreign Trade reported a 7.89% rise in the price of a kilogram of Arabica coffee on international markets. Between February 10 and 15, 2025, the price climbed to $7.38, up from $6.84 the previous week.

A study by the University of Liège in Belgium suggests that higher international coffee prices could benefit Congolese producers. However, the country’s eastern region, where most coffee is produced, is currently at the heart of conflicts opposing the Congolese army to invaders–M23 rebels and their Rwandan allies. The storm threatens the Arabica coffee-producing areas in North and South Kivu and Ituri. The invaders have already taken over Bukavu and Goma, the provincial capitals of South Kivu and North Kivu.

Beyond the conflict, the coffee sector grapples with numerous challenges including low productivity, deteriorating infrastructure, and rampant illegal exports. In Ituri province alone, over 80% of the coffee produced is clandestinely exported to neighboring countries, according to recent data from the Office National des Produits Agricoles du Congo (ONAPAC), limiting potential income for the DRC.

The country produced 12,422 tonnes of coffee in 2023, up from 10,729 tons in 2022. According to the data, disclosed by the Central Bank of Congo (BCC), Robusta made up over 70% of the output in 2023, and the rest was Arabica.

This article was initially published in French by Boaz Kabeya(intern)

Edited in English by Ola Schad Akinocho

Posted On jeudi, 20 février 2025 17:00 Written by

The projected value of measured copper and copper reserves of the Mutanda mine in the Democratic Republic of Congo (DRC) is $72 billion. Glencore, the Anglo-Swiss multinational commodity trading and mining company, recently disclosed the estimate in its 2024 reserves and resources report.

Based on estimated potential, mineral deposits fall under three classifications: measured reserves, which offer high reliability; indicated reserves, which are reliable but require further confirmation; and inferred reserves, which are less certain. 

According to Glencore's latest report, Mutanda boasts measured reserves of 197 million tonnes of ore with a copper grade of 1.94%, yielding a total of 3.8 million tonnes of copper. The cobalt grade in this category is 0.61%, translating to approximately 1.2 million tonnes. By applying the market value of mineral contracts deliverable in one year (February 2026) to these measured reserves, Glencore estimates $41 billion for copper and $31 billion for cobalt, totaling $72 billion.

These projections could change, based on factors like actual resource extraction, complex financial modeling, and the terms of sales contracts over time.

The Mutanda mine is 40 km from Kolwezi, the capital city of Lualaba Province in the southern part of the DRC.  Glencore owns 95% of the asset, against 70% of the Kamoto project. The Anglo-Swiss firm has secured two permits valid until 2037 for Mutanda, with the mine's lifespan potentially extending to 20 years pending further investment.

In contrast, the latest report from Kamoto does not mention measured resources but reveals indicated resources that still require further study estimated at 10.4 million tonnes of copper and 1.5 million tonnes of cobalt suggesting a potential mining life of around 15 years.

The figures could spark local stakeholders’ interest, including the Congolese government, which collects taxes and royalties on industrial mines. After smelling opportunity, subcontractors and suppliers linked to Glencore's regional operations could also flock to the project.

This article was initially published in French by Georges Auréole Bamba

Edited in English by Ola Schad Akinocho

Posted On jeudi, 20 février 2025 16:17 Written by

The long-awaited Mbombo hydropower station project is underway. Construction works for the station were kicked off on 15 February 2025 by Joseph Moïse Kambulu Nkonko, governor of the Kasaï-Central province which houses the station. 

Located on the Lulua River, about 9.3 miles (15 km) from downtown Kananga, the station should have an installed capacity of 10 MW. It will enable more people in the region to have electricity. For now, it is not officially known how many direct and indirect jobs the project will create, nor how many people it will benefit. 

Set to cost up to $35 million, the plant will be managed by the Agence Nationale de l'Électrification et des Services Énergétiques en Milieux Rural et Périurbain (ANSER). Established in 2016, ANSER is responsible for electrifying areas that lack private funding.

The project should be completed in under 24 months, with a target delivery date in February 2027. Provincial authorities urge residents to follow the plant’s construction, closely. Governor Kambulu emphasized that the project's success hinges on community vigilance and commitment, highlighting the importance of transparency and diligence in implementing this vital infrastructure.

This article was initially published in French by Boaz Kabeya (intern)

Edited in English by Ola Schad Akinocho

Posted On jeudi, 20 février 2025 13:44 Written by

Société Nationale d’Electricité (SNEL), the public power utility of the Democratic Republic of Congo (DRC), owes over $3 billion, more than three times its sales in 2022. The African Development Bank (AfDB) recently disclosed the figure in its Compact Énergétique National report. 

According to the source, SNEL’s debt breaks down into financial debt (over 75%), commercial debt (13%), tax obligations (11%), and social debt (0.3%). Financial debt alone exceeds $2 billion; and stems from mining contracts (42%) and multilateral investment banks (58%).

The Congolese government has committed to restructuring SNEL's commercial and financial liabilities, which account for 88% of its total debt. The plan includes having technical and financial partners buy back portions of SNEL's domestic debt. A comprehensive restructuring study is expected to be completed by the end of 2026.

This debt restructuring is part of broader reforms to help SNEL fully cover operating costs by 2029. Planned initiatives include separating assets, accounts, and personnel according to value chain segments—production, transport, distribution, and retail—and implementing capacity-building programs and performance-based incentives. The government also intends to introduce a tax amnesty plan for SNEL's arrears to various financial authorities.

A regular payment mechanism for official institutions and other legitimate claimants should also be set up, alongside a new tariff regime designed to allow SNEL to cover its costs while delivering efficient services.

The utility’s financial woes are exacerbated by electricity tariffs that fall below recovery costs. Currently, electricity is billed at an average rate of $0.09 per kilowatt-hour, insufficient to meet operational expenses. Compounding these issues are payment arrears to public entities totaling around $110 million and a low bill collection rate–61% in 2022. This severely hampers SNEL's ability to invest in infrastructure maintenance and expansion, leading to high technical and non-technical losses estimated at 46% in 2022.

SNEL’s restructuring is part of a larger transformation within the DRC's energy sector. Through the National Energy Compact, the government aims to mobilize nearly $37 billion by 2030—approximately $20 billion from private sector investments—to enhance electricity access and modernize energy infrastructure. The goal is to boost the electrification rate, from 21.5% in 2024 to 62% (60 million people) by 2030.

This article was initially published in French by Timothée Manoke (intern)

Edited in English by Ola Schad Akinocho

 

Posted On jeudi, 20 février 2025 09:55 Written by

The Democratic Republic of Congo (DRC) exported 6,642 tons of zinc between January and September 2024. Over the same period the year before, the country had exported 10.336 tons or 35.74% more, according to the Ministry of Mines.

So far, Congolese authorities have not officially explained what drove the drop. However, the trend could reverse this year, spurred by the ramp-up of the Kipushi mine, operated by Ivanhoe Mines. 

Commissioned in July 2024, Kipushi delivered 50,307 tonnes of zinc concentrate during the year, achieving a monthly record of 14,900 tonnes in December, though still shy of its maximum capacity.

The outlook for 2025 is more optimistic. This year, Ivanhoe Mines expects the asset to produce between 180,000 and 240,000 tonnes of zinc concentrate. The burst should significantly boost the DRC’s exports and bolster its mining revenues.

This article was initially published in French by Olivier de Souza

Edited in English by Ola Schad Akinocho

Posted On lundi, 17 février 2025 17:00 Written by

Two weeks ago, on February 7, the government of the Democratic Republic of Congo (DRC) adopted a battery of measures to "free substantial cash margins to be allocated to direct support for our armed forces” (ed.note: fighting M3 rebels in the east). The measures were adopted during the Council of Ministers held that day. According to the Council’s minutes, the measures include suspending car purchases for political, judicial, and related institutions, except security vehicles, ambulances, and tractors.

While the minutes do not quantify the expected savings, under the DRC’s 2025 Finance Law, around 333 billion Congolese francs (over $118 million) should be used to buy construction and transport equipment. This does not specify how much will be set aside for vehicle purchases.

Besides freezing vehicle purchases, the Congolese government plans budget cuts across several areas, including operating costs for political institutions and ministerial cabinets, as well as their economic interventions. Remuneration for members of public institutions, public representatives, and political cabinets will also be reduced, affecting both basic pay and permanent bonuses after taxation. 

Some expenses will be suspended, notably medical evacuations and service missions, excluding those related to revenue mobilization, national security, or diplomatic actions directly related to the conflict in the east.

According to the government, these measures will not affect public investment in strategic infrastructure, such as roads, energy projects, the 145-Territory Development Plan (PDL-145T), roads, counterpart funds for projects financed by external donors, and tax revenue mobilization initiatives. 

The government said it would introduce new rules to monitor the cuts and measures. They also plan to issue a weekly report tracking the measures. The document will submitted to the Head of State. 

This article was initially published in French by Abigael Kayiba (intern)

Edited in English by Ola Schad Akinocho

Posted On lundi, 17 février 2025 15:50 Written by
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