M23

European Lawmakers Call for Suspension of Aid to Rwanda Amid Ongoing Conflict in Congo

2 months ago

In a significant move, a group of European lawmakers has urged the European Union (EU) to freeze all financial aid directed towards Rwanda. This proposal comes in response to allegations linking the Rwandan government to the ongoing violence in the eastern Democratic Republic of Congo (DRC), which has escalated concerns about regional stability.

Rwanda Faces Economic Turmoil Amidst Fallout from Congo Conflict

2 months ago

In a developing and alarming situation, Rwanda is grappling with the repercussions of an ongoing conflict in the Democratic Republic of the Congo (DRC). The upheaval in Congo has intensified regional tensions, directly impacting Rwanda’s economic stability, especially considering the nation’s elevated levels of debt. As hostilities escalate, analysts warn that Rwanda's precarious financial state may face increasing strain, prompting concerns over potential defaults or financial crises.

Tin Mining Giant Alphamin Takes a Hit as Rebel Forces Capture City in the Democratic Republic of the Congo

3 months ago

The Congolese tin mining company Alphamin Minerals has faced a significant downturn following the recent capture of a key city by rebel forces in the eastern Democratic Republic of the Congo (DRC). This shocking development threatens not only the stability of the region but also the operational capabilities and financial performance of Alphamin, whose mine is situated near the volatile area.