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stronger Taiwan influence Orbán slams Hungary’s opposition as he trails in polls Iran war reshapes air travel, perhaps for the long term Tehran residents embrace calm amid tenuous truce Countries lack fiscal capacity to handle war fallout Higher producer prices ease China deflation fears Trump ‘optimistic’ on Iran peace talks Inside the five-year succession plan at a $130B warehouse giant Georges Elhedery on HSBC’s big bets on the Gulf and Asia Warsh’s Fed hearing slips past next week Moore takes on the Sun’s ‘MAGA billionaire’ and more Debatable: AI titans influencing regulation Americans still think taxes are too high, poll finds Lawmakers await Pentagon’s mystery funding request Semafor convenes largest US CEO gathering next week in Washington American Gen Zers are growing more uneasy about AI Amazon defends high AI spending AI turbocharges Chinese microdrama industry OpenAI pauses UK Stargate project UK rejects Iran’s Hormuz toll plan Israel, Lebanon to hold direct talks 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DR Congo plans new $100M mine security force
Alexis Akwag · 2026-04-27 · via Semafor

DR Congo will invest $100 million to create a paramilitary force to provide security at its mines, with funding provided by the US and United Arab Emirates. The investment will back a security drive that will see it hire 20,000 mining guards by 2028, Bloomberg reported.

DR Congo, the world’s top cobalt producer and Africa’s leading copper supplier, has in recent months agreed a partnership with Washington that grants US companies preferential access to mining assets. The deal — a key plank in America’s attempt to catch up with China’s control of critical mineral supply chains — includes commitments by Kinshasa to tackle insecurity in its mining industry and improve the country’s business climate.

Security is a major concern for mining companies looking to enter DR Congo and has held back the development of extractive industries in Africa’s second-largest nation by land mass, which for years has fought rebels in the east of the country.

A chart showing the share of the world’s mined cobalt production.