U.S. in Talks with DRC on Multibillion-Dollar Mineral Deal to Boost Development and Security

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The United States and the Democratic Republic of Congo are in talks over a potential multibillion-dollar agreement focused on developing the country's vast mineral resources. The deal aims to boost economic development, ensure transparency through American companies, and support local communities. It also holds potential security benefits amid ongoing conflict in the mineral-rich eastern region.

A senior official in U.S. President Donald Trump’s administration has revealed that discussions are underway with the Democratic Republic of Congo (DRC) regarding the development of its vast mineral resources.

While he did not disclose specific details, Massad Boulos, the president’s senior advisor for Africa, indicated that the potential agreement could involve investments worth several billion dollars.

Boulos held a meeting with DRC President Felix Tshisekedi in Kinshasa on Thursday, amid rising speculation about a possible deal that would trade access to mineral resources for security support.

According to Boulos, the U.S. has reviewed the DRC’s proposal, and he was “pleased to announce that the president and I have agreed on a path forward for its development.” He emphasized that American companies involved in the project would operate with transparency and contribute to the stimulation of local economies.

The DRC is recognized as the world’s leading producer of cobalt, a key component in lithium-ion batteries used in electric vehicles and smartphones. In addition, the country holds vast reserves of gold, diamonds, and copper.

However, the mineral-rich eastern region of the country is currently affected by an ongoing insurgency led by the Rwanda-backed M23 rebels. This conflict has exacerbated a humanitarian crisis, resulting in the displacement of over seven million people and leaving a record number of individuals in acute hunger.

President Tshisekedi has expressed hope that the deal with the U.S. will contribute to improving security and stability within the country.