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    Ethiopia’s central bank joins African payments system PAPSS

    Ethiopia’s central bank joins African payments system PAPSS

    South Africa grants long-term leases to oil majors at key Durban fuel hub

    South Africa to stop subsidizing imported vehicle kits, pushing automakers to build locally

    Here’s why inflation has dropped internationally but is still rising in Nigeria

    Nigeria’s inflation rate eases slightly in September, data shows

    Kenya raises fuel prices as Middle East conflict lifts import costs

    Kenya raises fuel prices as Middle East conflict lifts import costs

    Angola to maintain crude output at 1.1 million bpd into 2024

    Angola aims for faster oil and gas concessions as part of new regulatory revamp

    The arrest of Ansaru terror leaders marks a strategic change for Nigeria: What could happen next?

    Terrorists kill 10 soldiers in attack on northeast Nigeria army base

    Why is Senegal’s billions in hidden debt an IMF concern

    Senegal bondholders pick financial adviser for debt talks, sources say

    Abu Dhabi’s IRH seeks more mining assets in Zambia

    Abu Dhabi’s IRH seeks more mining assets in Zambia

    Guinea-Bissau says it has not approved hepatitis B vaccine trial in newborns

    Guinea-Bissau says it has not approved hepatitis B vaccine trial in newborns

  • Analysis
    • All
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    The global panel on inequality needs African evidence: here’s how it could work

    The global panel on inequality needs African evidence: here’s how it could work

    Why Africa needs a new credit agency

    Why Africa needs a new credit agency

    Japan signs deal with Namibia to explore for rare earth minerals

    Africa’s mineral strength is wasted if countries don’t work together – new report

    Ethiopia: at least 40 army allies killed in drone strike

    Ethiopia’s peace deal is unravelling – what went wrong with the Tigray agreement

    DRC on a mission to financing the world’s largest hydropower dam

    DR Congo: The INGA Dam Paradox

    Cameroon uncovers more than 200 illegal gold mines, mostly foreign-owned

    Mineral Beneficiation: A Pipedream of Prosperity in an Unequal Financial Architecture

    Zambia signs $1.1 Billion deal to build major oil refinery in Copperbelt

    Is Zambia’s Economy Rebounding Under President Hakainde Hichilema?

    Nigeria considers crude supply reforms to aid Dangote, other refiners

    Refinery rivalry: billion‑dollar oil projects expose East Africa’s long‑running regional tensions

    Zambia’s chaotic but decisive election: government demonstrates strength, democracy shows weakness

    Zambia’s chaotic but decisive election: government demonstrates strength, democracy shows weakness

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    China could drive Africa’s renewable energy revolution, report says

    A study shows wind and solar projects in Kenya and South Africa don’t always benefit the communities that host them

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

    Angola’s lengthy war shaped the way farmers utilised fire—why it matters

    Schooling is the most severely affected by conflict when children are the target – Study

    Schooling is the most severely affected by conflict when children are the target – Study

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    Pensions for Botswana’s elderly are expanding, but care services are lacking—study follows 20 years

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    Benin government says armed forces foil coup attempt

    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

    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

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    Namibia: Anger over Dubai COP28 trip by president Geingob’s children

    Hage Geingob (1941–2024): Former President of Namibia

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    José Maria Neves: President of Cape Verde

    Jorge Bom Jesus: Linguist and former Prime Minister of São Tomé and Príncipe

    Jorge Bom Jesus: Linguist and former Prime Minister of São Tomé and Príncipe

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Joseph Leabua Jonathan (1914-1987): Former Prime Minister of Lesotho

    Gambia’s president Barrow faces backlash over ‘death wish’ on archrival

    Adama Barrow: President of the Republic of The Gambia

    Rwandan President Paul Kagame announces he will run for a fourth term

    Paul Kagame: Former military officer and president of Rwanda

    Zumbi dos Palmares (1655-1695): Afro-Brazilian leader of the great Palmares Quilombo

    Zumbi dos Palmares (1655-1695): Afro-Brazilian leader of the great Palmares Quilombo

    Léon M’ba (1902-1967): First president of independent Gabon

    Léon M’ba (1902-1967): First president of independent Gabon

    Namibia to vote in toughest election yet for ruling party

    Netumbo Nandi-Ndaitwah: President of Namibia

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    Manovo-Gounda St. Floris National Park, Central African Republic

    Manovo-Gounda St. Floris National Park, Central African Republic

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    Lake Malawi (Lake Nyasa) National Park, Malawi

    Fasil Ghebbi, Gondar Region, Ethiopia

    Fasil Ghebbi, Gondar Region, Ethiopia

    Bwindi Impenetrable National Park, Uganda

    Bwindi Impenetrable National Park, Uganda

    Fort Jesus, Mombasa, Kenya

    Fort Jesus, Mombasa, Kenya

    Comoé National Park, Côte d’Ivoire (Ivory Coast)

    Comoé National Park, Côte d’Ivoire (Ivory Coast)

    Bassari and Bedik Cultural Landscapes, Senegal

    Bassari and Bedik Cultural Landscapes, Senegal

    Lower Valley of the Omo, Ethiopia

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Home Regions East Africa

DR Congo president orders probe into copper and cobalt export revenues, document shows

April 28, 2026
DR Congo’s President Tshisekedi calls for sanctions against Rwanda
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Democratic Republic of Congo’s President Felix ‌Tshisekedi has ordered a comprehensive audit of mining export revenues and state assets, warning that weak controls were preventing the country from fully benefiting from record copper and cobalt exports, according to cabinet minutes seen by ​Reuters.

Congo is a top supplier of cobalt and copper, and also holds vast reserves ​of lithium, gold and coltan, making it a battleground in the global competition to ⁠secure critical mineral supply chains.

The Congolese government has signed separate minerals deals with the United States and China ​as the two superpowers seek to build critical mineral stockpiles to aid the clean-energy and battery ​electric vehicle transition.

The central African nation exported about 3.4 million metric tons of copper in 2025, up from 3.1 million tons in 2024, while cobalt exports reached around 220,000 tons, according to figures cited at a ​cabinet meeting chaired by Tshisekedi on Friday but seen this week.

Congo shipped about 955,000 metric tons ​of copper between January and March 2026, down from about 1.09 million tons a year earlier, Reuters reported this ‌month.

Read also

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Despite ⁠surging output, Tshisekedi said the state was losing revenues due to poor oversight, opaque joint ventures involving state mining assets, non‑repatriation of earnings and capital flight through fraudulent imports.

The president ordered an exhaustive audit within 30 days to identify unpaid revenues and governance failures in mining partnerships, according ​to the minutes. It ​did not specify the ⁠mechanisms and scope of the audits.

He also instructed authorities to fully interconnect customs, port agencies, the central bank and commercial banks, saying no mineral ​export or import should escape a single traceable chain. Initial findings ​are due by ⁠June 15, the minutes said.

Congo, among the world’s poorest, has recently launched mining reforms to tighten state control over the mineral sector to help boost revenues. A state audit found that major mining companies underreported ⁠about $16.8 ​billion between 2018 and 2023, potentially reducing funds for the ​government and local communities.

Tshisekedi further ordered a crackdown on illegal and often violent mining operations. Measures include seizure of illegal ​equipment and criminal prosecution.

Source: Reuters
Tags: CobaltCopperDemocratic Republic of Congo (DRC)Felix Tshisekedi

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