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Rebels’ in Congo rake in $300,000 monthly revenue – UN

Simon Osuji by Simon Osuji
September 30, 2024
in Business
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Rebels’ in Congo rake in $300,000 monthly revenue – UN
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The head of the UN mission in Congo, Bintou Keita, informed the UN security council that the M23 movement, a Tutsi-led force allegedly supported by Rwanda have imposed a production tax in the Rubaya coltan-mining region.

This mine located in the eastern region of the DRC, generates around $300,000 in monthly revenue. “This generates an estimated $300,000 in revenue per month to the armed group,” Keita said.

“This is deeply concerning and needs to be stopped.” Keita added.

As reported by Reuters, the rebels, back in April seized the mine following a fierce battle. The mine produces a very precious mineral known as tantalum.

Tantalum which the UN and the United States considers a very precious mineral is used in smartphone and computer manufacture.

Congo is the world’s largest producer of tantalum, and the Rubaya region accounts for more than 15% of worldwide tantalum production.

“The criminal laundering of the DRC’s natural resources smuggled out of the country is strengthening armed groups, sustaining the exploitation of civilian populations, some of them reduced to de-facto slavery, and undermining peace-making efforts,” Keita relayed to the council.

Keita also mentioned that mining earnings have risen, leading to the transformation of armed groups into militarized entrepreneurs, which strengthens them both militarily and financially.

A great deal of the Congo’s natural riches are located in its eastern region, an area marred by fighting between several armed factions. The situation has deteriorated after the revival of the M23 revolt in March 2022.

“Unless international sanctions are imposed on those benefiting from this criminal trade, peace will remain elusive, and civilians will continue to suffer,” Keita said.

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