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Welcomed by President Félix Tshisekedi, the Emir discussed shared priorities including economic cooperation, regional stability, and investment opportunities.
Artisanal miners work at the Tilwezembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo.
CMOC Posts Strong Cobalt Sales in 2025 Despite DRC Export Ban
Processing facilities at Tenke Fungurume mine in 2016 before the CMOC acquisition. (Image courtesy of Lundin Mining.)
Cobalt found alongside copper and malachite. (Image by Fairphone, Flickr).
The DRC introduces a strict cobalt quota system beginning October 16, with lifetime bans for exporters who break the rules, a move set to reshape Africa’s cobalt trade and influence global prices.
Report Alleges Misuse of $461 Million in DRC Mining Fund for Future Generations
In partnership with the US Treasury, the central bank aims to create a local clearing system for dollar transactions, reducing reliance on correspondent banks abroad and speeding up transfers.
Robust Corflex pinch valves – which were designed and manufactured in South Africa by Corflex
Mbindule acknowledged that the DRC still faces challenges with certain “unfair contracts,” but clarified that these disputes do not involve the latest American entrants.
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