Tale Of Trading
Advertisement
  • World News
  • Business
  • Politics
  • Investing
No Result
View All Result
  • World News
  • Business
  • Politics
  • Investing
No Result
View All Result
Tale Of Trading
No Result
View All Result
Home Investing

AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)

October 17, 2025
in Investing
0
AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Governments of the United States and the Democratic Republic of the Congo (DRC) co-hosted the U.S.–DRC Economic and Investment Forum in Washington, D.C. The two-day event convened senior officials from both governments, institutional investors, representatives of major development finance institutions, and executives from leading U.S. and Congolese companies to strengthen bilateral economic relations, expand trade and investment, and promote sustainable development. The event was hosted by Her Excellency, Judith Suminwa, who is the first woman prime minister of the DRC.

The Forum highlighted investment opportunities across key sectors including mining and critical minerals, energy, infrastructure, agriculture, manufacturing, technology, and environmental sustainability, aiming to foster public–private partnerships grounded in transparency, good governance, and environmental responsibility, while advancing reforms to improve the DRC’s business climate.

The Forum followed a successful U.S.–DRC investment roundtable hosted earlier in the year in Washington, D.C., by President Donald J. Trump and President Félix Tshisekedi, which underscored both nations’ commitment to building a strategic, investment-driven partnership. The meeting focused on advancing collaboration in the responsible sourcing and processing of critical minerals—such as cobalt, lithium, copper, and tantalum— essential to the global clean energy and technology sectors. U.S. Secretary of State Marco Rubio has previously emphasized the strategic importance of protecting U.S. interests in critical minerals and supporting peace and stability in the region, highlighting the role of responsible investment in fostering regional security and long-term growth.

President Trump has stated: ‘Our partnership with the Democratic Republic of the Congo provides the United States with a strategic advantage by securing critical minerals essential to our industries. U.S. companies are ready to step up and invest. For them to succeed, they need transparency, predictable governance, and a stronger enabling environment in the DRC.’ The Chairman and CEO of African Discovery Group, Alan Kessler stressed in his roundtable with the Governor of Lualaba, DRC, Fifi Masuka Saini, a focus on governance and bankability of underlying projects. This theme of corporate governance has been stated numerous times by Commerce Secretary Howard Lutnick, as a key to unlocking US investment. The DRC holds approximately $30 trillion of mineral wealth at current prices, while the United States holds approximately 55% of the world’s global institutional assets.

As part of this deepening bilateral cooperation, a major milestone was marked by African Discovery Group (AFDG) announcing a move to acquire the Butembo copper exploration license in the DRC as part of a strategic push to create a new dedicated American copper company, signaling growing investor confidence and the strengthening of bilateral economic ties.

The forum additionally acts as a backdrop to further tensions in US-China trade on strategic minerals and metals, with U.S. Trade Representative Jamieson Greer adding that China’s recent restrictions on minerals exports are prompting a ‘global supply chain power grab.’

CONTACT: mg@africandiscoverygroup.com

Source

This post appeared first on investingnews.com

Previous Post

Tactical Resources Provides Rare Earths Business Update in Advance of Nasdaq Listing

Next Post

Battleground Republicans hold the line as Johnson pressures Dems on shutdown

Next Post
Battleground Republicans hold the line as Johnson pressures Dems on shutdown

Battleground Republicans hold the line as Johnson pressures Dems on shutdown

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    President Donald Trump commutes former New York GOP Rep. George Santos’ prison sentence

    President Donald Trump commutes former New York GOP Rep. George Santos’ prison sentence

    October 18, 2025
    ‘Democrat shutdown’ will next jeopardize US nuclear stockpile with imminent furloughs: White House

    ‘Democrat shutdown’ will next jeopardize US nuclear stockpile with imminent furloughs: White House

    October 18, 2025
    Supreme Court sets date to hear FTC Slaughter case in test of Trump’s firing powers

    Supreme Court sets date to hear FTC Slaughter case in test of Trump’s firing powers

    October 18, 2025
    ‘Time for a change’: Outside 30 Rock, New Yorkers trade chants and arguments during tense mayoral showdown

    ‘Time for a change’: Outside 30 Rock, New Yorkers trade chants and arguments during tense mayoral showdown

    October 18, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 taleoftrading.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Business
    • Politics
    • Investing

    Copyright © 2024 taleoftrading.com | All Rights Reserved