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The DR Congo government is aggressively pursuing US-backed mineral deals while simultaneously escalating military operations against the M23, creating a volatile nexus of economic ambition and intensified conflict. President Tshisekedi's administration is restructuring state mining firm Gecamines to facilitate foreign investment, even as the army launches drone strikes and assaults on rebel-held mining areas.
February 2026
Week of Feb 23, compared to 12-week average
The economy is defined by a concerted state push to leverage critical minerals for strategic partnerships, primarily with the US. The government is directly intervening to drive up cobalt prices and offering tantalum deposits under M23 control to US investors as part of a minerals pact, while a US-backed fund agrees to buy a stake in Glencore's mines. This drive is marred by catastrophic mining disasters, including a landslide at an M23-controlled mine that killed at least 200.
Politics is dominated by the government's dual-track approach of restructuring key institutions for mineral deals while managing a fragile eastern ceasefire. President Tshisekedi's administration replaced the leadership of state miner Gecamines amid minerals talks with the US, having previously sacked chiefs who opposed a US-backed takeover. Concurrently, the government and M23 fighters trade accusations over a ceasefire as the UN deploys a monitoring mission, with the president stating peace deals with Rwanda are stagnating.
Security has sharply deteriorated with the government launching offensive attacks against the M23, breaking a period of ceasefire discussions. DR Congo government forces launched attacks against M23 rebels, killing a rebel spokesperson in a drone strike and assaulting a coltan-rich town after the site was offered to US investors. The ADF is blamed for a new wave of violence, and mass graves containing 171 bodies were found after rebel withdrawal.
Society is enduring acute humanitarian distress from both conflict displacement and recurring natural and industrial disasters. Hundreds returned from Burundi as a border shut by M23 fighting reopened, while families describe harrowing journeys to escape fighting. This displacement trauma is compounded by catastrophic loss of life from a coltan mine collapse that killed at least 200 and floods that left over 2,500 households homeless.