1 00:00:02,520 --> 00:00:10,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Democratic Republic of 2 00:00:10,480 --> 00:00:13,480 Speaker 1: Congo and Rwanda have agreed to bring an end to 3 00:00:13,640 --> 00:00:16,759 Speaker 1: conflict in the Eastern Congo, where millions of people have 4 00:00:16,880 --> 00:00:20,760 Speaker 1: died and multitudes have been displaced over the past three decades. 5 00:00:21,320 --> 00:00:25,080 Speaker 2: Today the violence and destruction comes to an end and 6 00:00:25,120 --> 00:00:29,480 Speaker 2: the entire region begins a new chapter of hope and opportunity, harmony, 7 00:00:29,520 --> 00:00:31,880 Speaker 2: prosperity and peace. 8 00:00:32,600 --> 00:00:35,680 Speaker 1: The US broker deal aims to bring a halt to fighting, 9 00:00:35,760 --> 00:00:38,559 Speaker 1: and the countries have committed to work together to develop 10 00:00:38,600 --> 00:00:42,080 Speaker 1: the natural resources that lie along their shared border. 11 00:00:42,440 --> 00:00:44,199 Speaker 3: If you stay on board, I think there are so 12 00:00:44,280 --> 00:00:48,360 Speaker 3: many perspectives that we can transform our partnerships through and 13 00:00:48,400 --> 00:00:51,879 Speaker 3: that can usher in an era of prosperity, of growth, 14 00:00:52,159 --> 00:00:54,680 Speaker 3: and of shared bilateral relationships. 15 00:00:54,960 --> 00:00:58,760 Speaker 4: Because this is a very rich region with the cross 16 00:00:58,800 --> 00:01:02,760 Speaker 4: border trade with thes, with the natural wealth. 17 00:01:03,040 --> 00:01:04,480 Speaker 5: So with the. 18 00:01:04,280 --> 00:01:07,000 Speaker 4: US standing by side by side to be the one 19 00:01:07,000 --> 00:01:09,720 Speaker 4: and DRC, we believe that we will achieve a long 20 00:01:09,840 --> 00:01:10,480 Speaker 4: time peace. 21 00:01:10,680 --> 00:01:13,399 Speaker 1: On today's podcast, we'll look at how this deal came 22 00:01:13,440 --> 00:01:15,959 Speaker 1: about and find out whether it has a chance of 23 00:01:16,000 --> 00:01:22,880 Speaker 1: succeeding against a long standing atmosphere of distrust between the neighbors. 24 00:01:23,200 --> 00:01:26,640 Speaker 1: I'm Jennifer's Abasajap and this is the Next Africa Podcast, 25 00:01:27,000 --> 00:01:30,360 Speaker 1: bringing you one story each week from the continent driving 26 00:01:30,360 --> 00:01:33,560 Speaker 1: the future of global growth with the context only Bloomberg 27 00:01:33,600 --> 00:01:40,280 Speaker 1: can provide. Joining me to help unpack this deal is 28 00:01:40,440 --> 00:01:44,160 Speaker 1: our Congo reporter Michael Cavanaugh. Michael, thank you so much 29 00:01:44,280 --> 00:01:47,160 Speaker 1: for coming on the podcast today. It's so nice to 30 00:01:47,200 --> 00:01:50,200 Speaker 1: speak with you because you have been in and out 31 00:01:50,200 --> 00:01:53,280 Speaker 1: of Congo for quite some time, so I've been wanting 32 00:01:53,320 --> 00:01:55,120 Speaker 1: to dissect this with you for quite a while. 33 00:01:55,200 --> 00:01:58,600 Speaker 6: How are you doing good. Thanks, It's an exciting moment 34 00:01:58,640 --> 00:01:59,559 Speaker 6: in Congress history. 35 00:01:59,680 --> 00:02:03,520 Speaker 1: We all, yeah, we all hope that that's a good 36 00:02:03,560 --> 00:02:07,760 Speaker 1: place to start. Let's just start maybe with the conflict itself. 37 00:02:08,360 --> 00:02:11,880 Speaker 1: This as many people who've been listening to the podcast 38 00:02:11,919 --> 00:02:14,760 Speaker 1: maybe do or don't know, this conflict has been going 39 00:02:14,800 --> 00:02:17,840 Speaker 1: on for decades. Maybe you can take us back to 40 00:02:18,400 --> 00:02:20,080 Speaker 1: the genesis of the conflict. 41 00:02:20,160 --> 00:02:24,560 Speaker 6: Really sure, it's a really complicated conflict, which is one 42 00:02:24,560 --> 00:02:26,480 Speaker 6: of the reasons why it's persisted for so long. 43 00:02:26,560 --> 00:02:28,720 Speaker 5: Right, and you know we're talking today. 44 00:02:28,440 --> 00:02:31,040 Speaker 6: Mostly about Rwanda and Congo, so we can trace the 45 00:02:31,080 --> 00:02:34,079 Speaker 6: origins of that conflict back to the nineteen ninety four 46 00:02:34,080 --> 00:02:35,320 Speaker 6: genocide in Rwanda. 47 00:02:35,440 --> 00:02:36,799 Speaker 5: There was a civil. 48 00:02:36,520 --> 00:02:39,200 Speaker 6: War going on in Rwanda that turned into a genocide 49 00:02:39,200 --> 00:02:42,200 Speaker 6: in nineteen ninety four against the Rwandan Tutsi population, the 50 00:02:42,240 --> 00:02:43,240 Speaker 6: minority population. 51 00:02:43,760 --> 00:02:45,200 Speaker 5: More than eight hundred thousand. 52 00:02:44,880 --> 00:02:48,000 Speaker 6: Maybe even more than a million Tutsis and moderate Hujoos 53 00:02:48,000 --> 00:02:51,359 Speaker 6: were killed during that time. The perpetrators of the genocide 54 00:02:51,960 --> 00:02:55,120 Speaker 6: led across the border into eastern Congo, and that completely 55 00:02:55,120 --> 00:02:59,720 Speaker 6: destabilized eastern Congo and it's really been destabilized ever since. 56 00:03:00,360 --> 00:03:03,040 Speaker 6: It turned into a civil war in Congo that overthrew 57 00:03:03,040 --> 00:03:06,960 Speaker 6: the dictator at the time, and it turned into wars 58 00:03:06,960 --> 00:03:11,359 Speaker 6: between Rwanda and Uganda, which is also a neighbor and Congo. 59 00:03:11,919 --> 00:03:15,600 Speaker 6: And over the years, Rwanda has continued to support proxy 60 00:03:15,960 --> 00:03:19,960 Speaker 6: rebel groups, armed groups in Eastern Congo, it says, to 61 00:03:20,080 --> 00:03:23,200 Speaker 6: protect itself and to continue to fight some of the 62 00:03:23,240 --> 00:03:27,520 Speaker 6: remnants of those perpetrators of the genocide, or people at 63 00:03:27,600 --> 00:03:29,800 Speaker 6: least with links to the perpetrators of the genocide. So, 64 00:03:30,200 --> 00:03:32,560 Speaker 6: I mean, that's really the origin of the conflict we're 65 00:03:32,560 --> 00:03:34,960 Speaker 6: seeing today. That, of course, it's also linked to a 66 00:03:35,000 --> 00:03:37,440 Speaker 6: lot of other conflicts in the region and the natural 67 00:03:37,480 --> 00:03:40,720 Speaker 6: resources and political power and things like that. 68 00:03:41,240 --> 00:03:44,320 Speaker 1: And Michael, you just brought up a number of different 69 00:03:44,400 --> 00:03:49,240 Speaker 1: other countries and maybe proxies that are potentially involved in 70 00:03:49,520 --> 00:03:54,480 Speaker 1: the fighting. Can you just outline who are the significant 71 00:03:54,560 --> 00:03:58,760 Speaker 1: players maybe that are involved that you think would be 72 00:03:58,800 --> 00:04:01,200 Speaker 1: helpful for listeners to know about. 73 00:04:01,360 --> 00:04:03,280 Speaker 6: I mean, in some ways, you could talk about the 74 00:04:03,280 --> 00:04:07,160 Speaker 6: Congo conflict as involved in many many countries in the world. 75 00:04:07,400 --> 00:04:09,640 Speaker 6: Lots of different countries have had stakes over the years, 76 00:04:09,640 --> 00:04:14,200 Speaker 6: have tried to intervene through UN peacekeeping missions, through other 77 00:04:14,320 --> 00:04:19,840 Speaker 6: deployment of military, local African nations that have deployed local military. 78 00:04:20,080 --> 00:04:22,360 Speaker 6: But really, you know, I think the most important thing 79 00:04:22,360 --> 00:04:24,800 Speaker 6: to think about are the neighboring countries right of this 80 00:04:24,920 --> 00:04:26,960 Speaker 6: region which is called the Great Lakes Region, and there 81 00:04:27,000 --> 00:04:32,360 Speaker 6: you have Uganda, Burundi, Rwanda, and Congo. We'll just focus 82 00:04:32,400 --> 00:04:34,760 Speaker 6: on them. And Eastern Congo, as I said, has been 83 00:04:34,880 --> 00:04:37,120 Speaker 6: destabilized and because of that, there are a lot of 84 00:04:37,360 --> 00:04:39,880 Speaker 6: more than a hundred rebel groups, armed groups, I should say, 85 00:04:39,880 --> 00:04:43,000 Speaker 6: are active in that region. And again they're fighting over 86 00:04:43,200 --> 00:04:47,440 Speaker 6: ethnicity and power and local resources. But some of them 87 00:04:47,440 --> 00:04:50,440 Speaker 6: are also rebel groups that are opposing the governments. 88 00:04:49,960 --> 00:04:53,440 Speaker 5: Of Rwanda, of Uganda of Burundi. 89 00:04:53,160 --> 00:04:55,800 Speaker 6: And so because of that, those neighboring countries have had 90 00:04:55,839 --> 00:04:59,800 Speaker 6: a stake for a long time in Eastern Congo's stability 91 00:05:00,120 --> 00:05:03,760 Speaker 6: and they regularly intervene. All three countries have soldiers right 92 00:05:03,800 --> 00:05:07,039 Speaker 6: now in Eastern Congo. The thing is is that those 93 00:05:07,080 --> 00:05:09,280 Speaker 6: soldiers that end up in Eastern Congo often end up 94 00:05:09,640 --> 00:05:13,240 Speaker 6: in getting themselves involved in mineral smuggling or other resource 95 00:05:13,240 --> 00:05:16,440 Speaker 6: smuggling too, so that those three countries have economic connections 96 00:05:16,440 --> 00:05:20,400 Speaker 6: to Eastern Congo as well. So the conflict has many dimensions. 97 00:05:20,160 --> 00:05:23,400 Speaker 1: Which brings us to twenty twenty five. Earlier this year, 98 00:05:23,560 --> 00:05:26,719 Speaker 1: we had you on the podcast talking about in particular 99 00:05:26,760 --> 00:05:29,839 Speaker 1: the M twenty three rebel group taking over some of 100 00:05:29,880 --> 00:05:35,240 Speaker 1: the cities in Congo, which makes this recent peace deal 101 00:05:35,279 --> 00:05:37,800 Speaker 1: a bit surprising that we got here. Can you just 102 00:05:38,440 --> 00:05:41,719 Speaker 1: talk about the timeline of twenty twenty five and really 103 00:05:41,760 --> 00:05:44,400 Speaker 1: how we actually reached this peace steal. 104 00:05:45,560 --> 00:05:48,880 Speaker 6: Yeah, So the M twenty three is this another proxy 105 00:05:49,040 --> 00:05:52,320 Speaker 6: rebel group supported by Rwanda, even though Rwanda says they 106 00:05:52,720 --> 00:05:56,000 Speaker 6: deny it, but you know, they have said that their army, 107 00:05:56,040 --> 00:05:58,919 Speaker 6: the Rwanded army, has been taking defensive measures against the 108 00:05:58,920 --> 00:06:03,000 Speaker 6: instability and Eastern Congo. And we reported on a UN 109 00:06:03,040 --> 00:06:06,800 Speaker 6: experts report this week which says that the Rwanda's actually 110 00:06:07,720 --> 00:06:12,960 Speaker 6: straight up directed the M twenty three in Or earlier 111 00:06:12,960 --> 00:06:15,960 Speaker 6: this year to take over two of the main trading 112 00:06:16,040 --> 00:06:18,200 Speaker 6: hubs in Eastern Congo, cities of more than a million 113 00:06:18,240 --> 00:06:22,479 Speaker 6: people right on the border with Rwanda, and the M 114 00:06:22,520 --> 00:06:25,479 Speaker 6: twenty three invaded both these cities, took them over and 115 00:06:25,520 --> 00:06:29,040 Speaker 6: now controls a huge swath of Eastern Congo, some estimate 116 00:06:29,040 --> 00:06:32,800 Speaker 6: ten percent of the entire land area of Congo. And 117 00:06:33,120 --> 00:06:38,320 Speaker 6: Rwanda was directly involved in that. And you know, I 118 00:06:38,320 --> 00:06:40,599 Speaker 6: think the question to ask right now is really like 119 00:06:40,680 --> 00:06:44,000 Speaker 6: what does Rwanda want right? Does Rwanda want stability? Does 120 00:06:44,080 --> 00:06:48,080 Speaker 6: Rwanda want access to Eastern Congo's resources? Is Rwanda really 121 00:06:48,120 --> 00:06:52,599 Speaker 6: concerned with enemy rebel groups there? What does Rwanda want 122 00:06:52,640 --> 00:06:55,640 Speaker 6: to do with the M twenty three. And so what 123 00:06:55,640 --> 00:07:00,680 Speaker 6: we've seen now is that other international actors got involved, 124 00:07:00,720 --> 00:07:04,440 Speaker 6: because you know, technically this is a violation of Congo's sovereignty. 125 00:07:04,760 --> 00:07:07,200 Speaker 6: And so we've seen the AU get involved, We've seen 126 00:07:07,240 --> 00:07:11,000 Speaker 6: Angola get involved, We've seen the East African community, the 127 00:07:11,040 --> 00:07:15,200 Speaker 6: Southern African Development community, I mean dozens of multilateral groups, 128 00:07:15,360 --> 00:07:19,600 Speaker 6: kuttars involved, dozens of nations are involved trying to fix 129 00:07:19,680 --> 00:07:24,040 Speaker 6: this conflict that has been intractable. And yet Rwanda persists 130 00:07:24,720 --> 00:07:27,520 Speaker 6: along with the M twenty three at taking over land 131 00:07:27,520 --> 00:07:29,640 Speaker 6: and occupying this land. So we know that they must 132 00:07:29,640 --> 00:07:30,200 Speaker 6: have a reason. 133 00:07:30,520 --> 00:07:34,160 Speaker 1: And Michael, what does Rwanda say about their involvement in 134 00:07:34,200 --> 00:07:34,800 Speaker 1: the conflict. 135 00:07:36,320 --> 00:07:40,160 Speaker 5: Rowanda has continued to deny that it supports the M 136 00:07:40,200 --> 00:07:45,760 Speaker 5: twenty three. It says it's applying defensive measures, it's protecting itself. 137 00:07:46,440 --> 00:07:50,120 Speaker 5: Rowanda denies that it is trying. 138 00:07:49,880 --> 00:07:53,320 Speaker 6: To fight a war to overthrow the Congolese government, but 139 00:07:53,680 --> 00:07:57,640 Speaker 6: it does say that it has serious concerns about stability 140 00:07:57,640 --> 00:07:58,400 Speaker 6: in eastern Congo. 141 00:07:58,640 --> 00:08:00,160 Speaker 5: Now, what the Unit It. 142 00:08:00,200 --> 00:08:02,920 Speaker 6: States has decided is that if the US can get 143 00:08:02,920 --> 00:08:07,120 Speaker 6: involved in finding piece, you know, in conjunction with these 144 00:08:07,160 --> 00:08:11,040 Speaker 6: other actors, right, can we convince Rwanda, meaning can we 145 00:08:11,160 --> 00:08:14,400 Speaker 6: the United States convince Rwanda to lay down its weapons, 146 00:08:14,480 --> 00:08:17,160 Speaker 6: to pull back and maybe find a way to develop 147 00:08:17,200 --> 00:08:19,520 Speaker 6: the region together. And so this is this is the 148 00:08:19,520 --> 00:08:22,040 Speaker 6: theory behind this peace deal that they signed last week 149 00:08:22,080 --> 00:08:25,120 Speaker 6: the two countries with the United States as a witness. 150 00:08:25,560 --> 00:08:28,440 Speaker 1: Is it actually a peace steal though it's how do 151 00:08:28,600 --> 00:08:31,640 Speaker 1: how are we defining peace? I guess, Michael, right. 152 00:08:31,600 --> 00:08:33,120 Speaker 5: Well, we're not there yet, right. 153 00:08:33,160 --> 00:08:36,040 Speaker 6: I mean, I think you know, we've I talk a 154 00:08:36,080 --> 00:08:38,440 Speaker 6: lot to all sides, and I would say the piece 155 00:08:38,520 --> 00:08:40,880 Speaker 6: is a process, and it's very much a process right here, 156 00:08:40,920 --> 00:08:43,320 Speaker 6: and it's going to be a long process, right. And 157 00:08:43,440 --> 00:08:46,240 Speaker 6: there are multiple steps to this process. The first is 158 00:08:46,280 --> 00:08:49,360 Speaker 6: just the signature and the agreement, right, create a framework. 159 00:08:49,760 --> 00:08:53,160 Speaker 6: The next is this piece agreement does not included agreement 160 00:08:53,200 --> 00:08:55,160 Speaker 6: with the M twenty three, so there's a separate There 161 00:08:55,160 --> 00:08:57,920 Speaker 6: are separate talks ongoing in Qatar with the M twenty 162 00:08:57,960 --> 00:09:01,480 Speaker 6: three with Congo and the M twenty five, and Rwanda 163 00:09:01,600 --> 00:09:05,240 Speaker 6: as part of this piece agreement in Washington, has agreed 164 00:09:05,240 --> 00:09:06,000 Speaker 6: to support that. 165 00:09:06,240 --> 00:09:06,440 Speaker 5: Right. 166 00:09:06,520 --> 00:09:09,240 Speaker 6: So that's a big deal or a big step, but 167 00:09:09,320 --> 00:09:12,400 Speaker 6: that has to be resolved. Then there is another armed 168 00:09:12,440 --> 00:09:15,640 Speaker 6: group that Rwanda has complained about for years. It's called 169 00:09:15,720 --> 00:09:17,920 Speaker 6: let's just call it the f deal are the Democratic 170 00:09:17,920 --> 00:09:20,400 Speaker 6: Forces for the Liberation of Rwanda. That's a group that 171 00:09:20,440 --> 00:09:23,240 Speaker 6: has links to the perpetrators of the genocide in nineteen 172 00:09:23,320 --> 00:09:26,520 Speaker 6: ninety four, and Rwanda has always been worried about that group. 173 00:09:26,720 --> 00:09:30,679 Speaker 6: So Congo's has agreed to take steps to neutralize that group, 174 00:09:30,840 --> 00:09:34,280 Speaker 6: and then Rwanda is going to have to withdraw it's 175 00:09:34,360 --> 00:09:37,160 Speaker 6: what it caused, its defensive measures, and then we'll have 176 00:09:37,200 --> 00:09:40,040 Speaker 6: to see them twenty three lay down its weapons, and 177 00:09:40,080 --> 00:09:42,480 Speaker 6: then there'll have to be some kind of integration back 178 00:09:42,520 --> 00:09:44,840 Speaker 6: into the army or some kind of way to deal 179 00:09:44,920 --> 00:09:48,280 Speaker 6: with all these rebels who will have. 180 00:09:48,760 --> 00:09:49,920 Speaker 5: Laid down there are arms at all. 181 00:09:49,960 --> 00:09:53,160 Speaker 6: And then Congo needs to take over eastern Congo again 182 00:09:53,200 --> 00:09:55,320 Speaker 6: and the state needs to return. So you can see 183 00:09:55,320 --> 00:09:58,480 Speaker 6: there are a lot of steps, and the hope is 184 00:09:58,520 --> 00:10:00,880 Speaker 6: that there's so much. We've always talked about Congo as 185 00:10:00,960 --> 00:10:03,679 Speaker 6: the forgotten war, and I don't think you can call 186 00:10:03,720 --> 00:10:06,880 Speaker 6: it that anymore. We've got the US paying attention very 187 00:10:06,920 --> 00:10:10,480 Speaker 6: very closely, to the point where Donald Trump has brought 188 00:10:10,559 --> 00:10:13,840 Speaker 6: these foreign ministers into his oval office. He's going to 189 00:10:13,880 --> 00:10:17,199 Speaker 6: bring the presidents of both countries, hopefully if everything goes well, 190 00:10:17,440 --> 00:10:20,559 Speaker 6: into Washington this month. And then you have Culture involved, 191 00:10:20,600 --> 00:10:22,960 Speaker 6: and you have all these other countries that are trying 192 00:10:23,000 --> 00:10:26,400 Speaker 6: to bring an end to this conflict that's persisted for 193 00:10:26,440 --> 00:10:30,040 Speaker 6: so long. So you know, we'll see there's a lot 194 00:10:30,080 --> 00:10:32,839 Speaker 6: of attention to it, and the hope is maybe all 195 00:10:32,880 --> 00:10:37,200 Speaker 6: that attention could bring results that haven't come about in 196 00:10:37,240 --> 00:10:39,160 Speaker 6: the thirty years of this conflict. 197 00:10:39,240 --> 00:10:41,679 Speaker 1: And Michael, stick with us. We're going to take a 198 00:10:41,760 --> 00:10:43,960 Speaker 1: quick break, but when we come back, we'll look at 199 00:10:43,960 --> 00:10:46,440 Speaker 1: the role that the US might play, as you were 200 00:10:46,480 --> 00:10:49,360 Speaker 1: just speaking to there, and what the chances are that 201 00:10:49,400 --> 00:10:51,240 Speaker 1: this deal has of holding. 202 00:10:51,480 --> 00:10:52,319 Speaker 6: We'll be right back. 203 00:10:59,000 --> 00:11:02,679 Speaker 1: Welcome back, Congo Reporter Michael Kavanaugh is still with us. 204 00:11:02,760 --> 00:11:06,040 Speaker 1: We're talking about the peace deal between the DRC and 205 00:11:06,120 --> 00:11:08,760 Speaker 1: Rwanda that was signed in Washington, d C. 206 00:11:09,120 --> 00:11:09,720 Speaker 5: Last week. 207 00:11:10,280 --> 00:11:13,040 Speaker 1: Michael, you were just outlining before we went to the break, 208 00:11:13,080 --> 00:11:16,680 Speaker 1: the US obviously played quite a big role in brokering 209 00:11:16,880 --> 00:11:20,319 Speaker 1: this deal. How much of a role will they play though, 210 00:11:20,840 --> 00:11:24,640 Speaker 1: in ensuring that it holds. You just mentioned that President 211 00:11:24,679 --> 00:11:27,760 Speaker 1: Trump did invite the presidents of both the DRC and 212 00:11:27,840 --> 00:11:30,560 Speaker 1: Rwanda to the White House. It remains to be seen 213 00:11:30,640 --> 00:11:35,520 Speaker 1: whether that actually happens. But do you, based on your sources, 214 00:11:36,679 --> 00:11:40,600 Speaker 1: is there discussion happening behind the scenes with the US 215 00:11:41,160 --> 00:11:45,200 Speaker 1: playing a big role in making sure that this remains intact. 216 00:11:46,679 --> 00:11:49,320 Speaker 6: When the m twenty three, with rwand and support took over, 217 00:11:49,440 --> 00:11:52,720 Speaker 6: those two main training comes in Eastern Congo. Earlier this year, 218 00:11:52,960 --> 00:11:56,000 Speaker 6: President Felix Jessicketty, the President of Congo, reached out to 219 00:11:56,000 --> 00:11:59,520 Speaker 6: the United States and proposed something that was based on 220 00:11:59,800 --> 00:12:02,440 Speaker 6: what he'd seen Donald Trump doing with Ukraine, which is 221 00:12:02,440 --> 00:12:03,520 Speaker 6: a minerals. 222 00:12:03,080 --> 00:12:04,280 Speaker 5: For security partnership. 223 00:12:04,360 --> 00:12:08,679 Speaker 6: Right, please support us in our fight against Rwanda, and 224 00:12:08,720 --> 00:12:12,120 Speaker 6: in exchange, you can have access to our mineral riches, 225 00:12:12,320 --> 00:12:15,240 Speaker 6: our natural resources. Congo is the biggest country in sub 226 00:12:15,280 --> 00:12:18,720 Speaker 6: center in Africa. It is one of the richest countries 227 00:12:18,760 --> 00:12:21,080 Speaker 6: in the world in terms of natural resources. And so 228 00:12:21,360 --> 00:12:25,600 Speaker 6: Congo has proposed that the United States get involved in 229 00:12:25,800 --> 00:12:28,720 Speaker 6: Eastern Congo, but in Congo in general. Congo is the 230 00:12:28,840 --> 00:12:31,480 Speaker 6: second biggest source of copper. It is the biggest source 231 00:12:31,480 --> 00:12:35,200 Speaker 6: of cobalt, which is in most electric vehicle batteries for example. 232 00:12:35,600 --> 00:12:38,800 Speaker 6: It has gold, It has a mineral called tantalem which 233 00:12:38,920 --> 00:12:42,160 Speaker 6: is in the capacitors and all of our portable electronics. 234 00:12:42,520 --> 00:12:46,440 Speaker 6: So it's an extremely rich place. And the thinking on 235 00:12:46,480 --> 00:12:48,760 Speaker 6: the Congolese side and now on the United States side 236 00:12:48,920 --> 00:12:51,880 Speaker 6: is that if US companies and if the US government 237 00:12:52,520 --> 00:12:56,720 Speaker 6: mainly through the Development Finance Corporation the DFC, can invest 238 00:12:56,880 --> 00:12:59,640 Speaker 6: in Congo, then the US will have a stake in 239 00:12:59,679 --> 00:13:02,840 Speaker 6: the game, and if the US has skin in the game, 240 00:13:03,040 --> 00:13:06,680 Speaker 6: they are more likely to continue to pay attention to 241 00:13:06,800 --> 00:13:10,160 Speaker 6: the conflict there and care about stability and care about peace. 242 00:13:10,679 --> 00:13:13,000 Speaker 6: So if they have a short term, medium term, and 243 00:13:13,000 --> 00:13:16,320 Speaker 6: maybe even a long term investment in the region, then 244 00:13:16,480 --> 00:13:19,000 Speaker 6: maybe they'll make sure to hold all actors to account. 245 00:13:19,600 --> 00:13:23,400 Speaker 1: And Michael, before we let you go, sentiment on the ground, 246 00:13:23,640 --> 00:13:26,760 Speaker 1: because you are one of the few who gets to 247 00:13:27,200 --> 00:13:30,320 Speaker 1: go in and out of the country. What's the feeling 248 00:13:30,400 --> 00:13:32,040 Speaker 1: like in Congo of this peace deal? 249 00:13:32,679 --> 00:13:36,079 Speaker 6: Oh gosh, I mean, it's a cliche to say cautious optimism. 250 00:13:36,559 --> 00:13:40,160 Speaker 6: I think that I would say people don't trust Rwana 251 00:13:40,160 --> 00:13:42,959 Speaker 6: and Congo period and. 252 00:13:43,640 --> 00:13:45,000 Speaker 5: There's a lot of skepticism. 253 00:13:45,160 --> 00:13:47,400 Speaker 6: That said, I think that this piece deal has brought 254 00:13:47,480 --> 00:13:51,840 Speaker 6: more legitimacy to the Congoi's government. There was a moment 255 00:13:51,960 --> 00:13:53,719 Speaker 6: a couple of months ago where it looked like the 256 00:13:53,760 --> 00:13:55,880 Speaker 6: government would fall, that there would even be a coup, 257 00:13:56,120 --> 00:13:58,080 Speaker 6: you know, or that the N twenty three would even 258 00:13:58,080 --> 00:14:01,600 Speaker 6: try to take over the country. This piece deal, you know, 259 00:14:02,040 --> 00:14:06,400 Speaker 6: aligning with the United States has given presidents to getting 260 00:14:06,440 --> 00:14:09,840 Speaker 6: more legitimacy. It looks like there's going to be more 261 00:14:09,880 --> 00:14:15,439 Speaker 6: investment in the country. So there's some optimism because of that. 262 00:14:15,520 --> 00:14:17,840 Speaker 6: But the next step is the twenty three piece deal. 263 00:14:18,120 --> 00:14:21,640 Speaker 6: Until we see that, you can't think of this PCO 264 00:14:21,680 --> 00:14:23,800 Speaker 6: ever holding right, and then you have to see the 265 00:14:24,480 --> 00:14:27,480 Speaker 6: Conglese go after this this fdo R rebel group, and 266 00:14:27,480 --> 00:14:28,360 Speaker 6: then you have to see. 267 00:14:28,160 --> 00:14:30,840 Speaker 5: The rewand and start to withdraw. And those are sort 268 00:14:30,840 --> 00:14:32,840 Speaker 5: of the steps that we need to see over the 269 00:14:32,880 --> 00:14:34,680 Speaker 5: next say three months. 270 00:14:35,000 --> 00:14:37,200 Speaker 6: But as the Conglese Foreign Minister said to me the 271 00:14:37,200 --> 00:14:39,400 Speaker 6: other day, she say, trust is still a long way off. 272 00:14:39,400 --> 00:14:41,120 Speaker 5: For now what we care about his accountability. 273 00:14:41,760 --> 00:14:44,920 Speaker 1: Michael Kavanaugh, thank you so much for joining us. Really 274 00:14:44,960 --> 00:14:48,840 Speaker 1: fantastic reporting, as always appreciated, and you can read all 275 00:14:48,880 --> 00:14:52,280 Speaker 1: of Michael's reporting on the Piece deal on Bloomberg platforms. 276 00:14:52,320 --> 00:14:57,400 Speaker 1: Now here's some of the other stories we've been following 277 00:14:57,480 --> 00:15:02,080 Speaker 1: across the region this week. Nigeria's main opposition parties, which 278 00:15:02,120 --> 00:15:05,440 Speaker 1: have agreed to unite to contest twenty twenty seven elections 279 00:15:05,880 --> 00:15:09,200 Speaker 1: under the banner of the little known African Democratic Congress, 280 00:15:09,520 --> 00:15:13,720 Speaker 1: appointed two interim leaders to steer preparations for their campaign, 281 00:15:14,680 --> 00:15:18,960 Speaker 1: and African ride hailing startup move is close to raising 282 00:15:19,040 --> 00:15:21,720 Speaker 1: one point two billion dollars in a debt round that 283 00:15:21,760 --> 00:15:24,760 Speaker 1: will help it finance a rollout of an autonomous driving 284 00:15:24,800 --> 00:15:29,120 Speaker 1: fleet with Alphabet's Waimo and expand in the US. People 285 00:15:29,160 --> 00:15:32,200 Speaker 1: familiar with the matter said, and you can follow these 286 00:15:32,240 --> 00:15:36,000 Speaker 1: stories across Bloomberg, including the Next African Newsletter. Will put 287 00:15:36,000 --> 00:15:41,680 Speaker 1: a link to that in the show notes. This program 288 00:15:41,720 --> 00:15:45,560 Speaker 1: was produced by Adrian Bradley and tiwa Adebio. Don't forget 289 00:15:45,560 --> 00:15:48,320 Speaker 1: to follow and review this show wherever you usually get 290 00:15:48,360 --> 00:15:52,240 Speaker 1: your podcasts. I'm Jennifer's Abasaja. Thanks as always for listening.