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    Nigeria champions African-Arab Trade to boost agribusiness, industrial growth

    Nigeria champions African-Arab Trade to boost agribusiness, industrial growth

    South Africa, Mozambique sign energy cooperation deal

    South Africa, Mozambique sign energy cooperation deal

    Ghana sanitation minister resigns over alleged stashed cash

    Ghana’s inflation slows for 11th straight month in November

    Security chief detained in South Sudan

    Security chief detained in South Sudan

    Nigeria’s overnight lending rate falls 100 bps on excess liquidity, policy shift

    Nigeria tightens cash withdrawal limits to curb money-laundering risk

    Kenyan lawmakers identify ‘disturbing trend’ of misconduct by British troops

    Kenyan lawmakers identify ‘disturbing trend’ of misconduct by British troops

    Mali adopts new mining code to boost sector’s contribution to GDP

    Mali recovers $1.2 billion in arrears from miners, eyes annual windfall under new code

    Nigeria’s defence minister quits as government faces rising violence

    Nigeria’s defence minister quits as government faces rising violence

    Guinea-Bissau: Nigeria offers protection to opposition candidate Dias; Election commission says cannot conclude presidential election process

    Guinea-Bissau: Nigeria offers protection to opposition candidate Dias; Election commission says cannot conclude presidential election process

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    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Global power shifts are playing out in the Red Sea region: why this is where the rules are changing

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

    Understanding Trump’s Christian Genocide Claim and Military Threat: What It Means for Nigeria-U.S. Relations

    South Africa needs to rethink its community media policy – 4 ways to close the gaps

    South Africa needs to rethink its community media policy – 4 ways to close the gaps

    Cameroon’s Biya declared vote winner, opposition reports gunfire

    What do the recent 2025 elections in Cameroon and Ivory Coast reveal about their state of democracy?

    Ivory Coast president Ouattara’s party pushes him to run again

    Ivory Coast elections: Ouattara’s final rule or forever rule?

    Charting New Waters: Maritime Advancements and West Africa’s Development

    Charting New Waters: Maritime Advancements and West Africa’s Development

    The Critical Role of Gold in Tanzania’s Economic Growth

    The Critical Role of Gold in Tanzania’s Economic Growth

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    Five Years After the Coup in Mali: Are Stability and Growth Within Reach?

    Cameroon President Paul Biya marks 41 years in power

    Paul Biya at 92: will defections weaken his grip on absolute power in Cameroon?

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    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    What determines a return to civilian rule after military coups in Africa?

    What determines a return to civilian rule after military coups in Africa?

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    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

    Robert Mugabe (1924 – 2019): Revolutionary and former President of Zimbabwe

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    Idi Amin Dada (1928 – 2003): Military officer and former President of Uganda

    Albert John Luthuli (1898–1967): South African politician and first African Nobel Laureate

    Albert John Luthuli (1898–1967): South African politician and first African Nobel Laureate

    Shaka Zulu (1787-1828), founder of the Zulu empire in Southern Africa

    Shaka Zulu (1787-1828), founder of the Zulu empire in Southern Africa

    Chimamanda Ngozi Adichie, Nigerian writer

    Chimamanda Ngozi Adichie, Nigerian writer

    Olaudah Equiano (1745-1797), writer and abolitionist

    Olaudah Equiano (1745-1797), writer and abolitionist

    Ex-Credit Suisse chief executive Tidjane Thiam eyeing Ivory Coast 2025 presidential contest

    Tidjane Thiam, Ivorian businessman and politician

    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    Apollo Milton Obote (1925-2005): Former President of Uganda

    Apollo Milton Obote (1925-2005): Former President of Uganda

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    Zong Massacre

    Abomey, southern Benin

    Abomey, southern Benin

    Ifẹ̀, an ancient city in south-western Nigeria

    Ifẹ̀, an ancient city in south-western Nigeria

    Robben Island, South Africa

    Robben Island, South Africa

    Mount Kilimanjaro, Tanzania

    Mount Kilimanjaro, Tanzania

    Kumbi Saleh, the capital of the ancient Ghana Empire

    Kumbi Saleh, the capital of the ancient Ghana Empire

    Kano, an ancient city in northern Nigeria

    Kano, an ancient city in northern Nigeria

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Home Regions East Africa

M23 rebels loot $70 million worth of gold from Congo mine since May, company says

October 21, 2025
What is South Africa up against in leading a new military force in the DRC?

Congolese M23 rebels are seen as they withdraw from the 3 antennes location in Kibumba, near Goma, North Kivu province of the Democratic Republic of Congo, December 23, 2022. REUTERS/Arlette Bashizi

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Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kilograms of bullion since May, the company told Reuters, accusing some of its own employees of aiding the theft.

The mine is located in South Kivu province, where Rwandan-backed M23 rebels staged a lightning offensive this year that allowed them to seize more territory than ever before. They seized the mine in May.

“With the help of some employees, they transported the first batch of more than 50 kg of gold out in a very short time,” Twangiza Mining said on Monday in a written response to Reuters’ queries about losses since M23 seized the mine.

“Since the occupation, they have obtained at least 500kg of gold and secretly transported it through underground channels,” the company said.

M23 did not immediately respond to a request for comment.

Twangiza Mining, which is headquartered in Congo and describes itself as a Chinese firm, said it lost over 100 kg of gold a month since the takeover, in addition to $5 million worth of equipment and materials.

The company is preparing to file a formal complaint with international arbitration and Congolese authorities, and has declared force majeure, it said.

It accused the rebels of expelling residents, demolishing churches and using Rwandan technicians to extract geological data to resume and expand mining.

“There are more than 150 workers left on site. We cannot get in touch with them,” the company said.

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The Rwandan government did not immediately respond to a request for comment.

A drone strike on October 15 destroyed power generation infrastructure at the mine. It is not clear who was responsible for the drone strike.

Fighting in eastern Congo has killed thousands of people and displaced hundreds of thousands this year.

Armed groups have seized several mining sites in the mineral-rich eastern Congo, according to U.N. investigators.

A U.N. Security Council briefing last year said M23 rebels were earning around $300,000 monthly from mineral taxes in the coltan-rich Rubaya region.

U.S. President Donald Trump brokered a peace deal between Congo and Rwanda in June as part of an effort to stabilise eastern Congo and bring in Western mining investments.

Rwanda has consistently denied backing M23 rebels, despite repeated allegations from U.N. experts and regional governments.

Qatar has been hosting direct talks between Congo and M23.

The two sides missed an August deadline for a peace deal as part of that process but on October 14, they agreed to a monitoring mechanism for an eventual ceasefire.

Source: Reuters
Tags: Democratic Republic of Congo (DRC)M23 rebelsTwangiza Mining

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