U.S. Sanctions PARECO, CDMC for Congo Mineral Trade

August 13, 2025

2 minutes read

US Sanctions

On August 12, 2025, the U.S. announced sanctions against PARECO-FF, an armed group in eastern Democratic Republic of Congo (DRC).

The sanctions also target CDMC, a Congolese mining company, and two Hong Kong exporters, East Rise and Star Dragon.

These measures aim to stop illegal mineral trading and secure U.S. access to critical minerals like coltan.

PARECO’s Grip on Rubaya Mines

From 2022 to early 2024, PARECO-FF controlled Rubaya, a major coltan mining site.

A U.S. official stated that PARECO-FF profited by charging illegal fees, smuggling minerals, and forcing labor. The group also executed civilians in mining areas, worsening the region’s humanitarian crisis.

Sanctions Hit CDMC and Exporters

The U.S. Treasury’s OFAC sanctioned CDMC for selling smuggled Rubaya minerals.

Similarly, East Rise and Star Dragon faced sanctions for buying these conflict minerals, often smuggled via Rwanda.

Consequently, their U.S. assets are frozen, and transactions with U.S. persons are banned.

Conflict and Peace in Eastern Congo

Currently, the M23 rebel group, also under U.S. sanctions, controls Rubaya. Eastern DRC’s mineral wealth fuels decades-long violence, including by Rwanda-backed M23.

In June 2025, a U.S.-brokered Congo-Rwanda peace deal aimed to ease tensions and boost U.S. mineral access. However, recent clashes between Congo and M23 threaten a planned August 18 peace agreement.

Why U.S. Sanctions Matter

The U.S. seeks to disrupt illegal mineral trade and promote lawful investment in Congo’s resources, like tantalum and cobalt.

By targeting “spoilers,” these sanctions support peace talks in Doha and Washington, as noted by expert Jason Stearns.

Dangote Refinery Denies Shutdown, Supplies 40M Litres Daily

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

ECOWAS Moves to Establish Regional Open Data Framework to Strengthen Digital Governance

The Economic Community of West African States (ECOWAS) has taken a major step toward improving ...

Madagascar Appoints Anti-Corruption Chief as Prime Minister After Cabinet Dissolution

Madagascar has appointed its anti-corruption chief, Mamitiana Rajaonarison, as the country’s new prime minister just ...

Youth in Oil-Rich Congo Struggle With Poverty, Seek Economic Change

  Despite being one of Africa’s major oil producers, the Republic of the Congo continues ...

World Bank Approves $137m Programme to Expand Broadband, Digital Jobs in West Africa

The World Bank Group has approved a $137 million regional programme aimed at expanding broadband ...

Features

ECOWAS Moves to Establish Regional Open Data Framework to Strengthen Digital Governance

The Economic Community of West African States (ECOWAS) has taken a major step toward improving ...

Youth in Oil-Rich Congo Struggle With Poverty, Seek Economic Change

  Despite being one of Africa’s major oil producers, the Republic of the Congo continues ...

World Bank Approves $137m Programme to Expand Broadband, Digital Jobs in West Africa

The World Bank Group has approved a $137 million regional programme aimed at expanding broadband ...

Death Toll Rises to 64 as Landslides, Floods Devastate Southern Ethiopia

At least 64 people have been confirmed dead while dozens remain missing after devastating landslides ...

Middle East Crisis Threatens Shipping Routes to Nigeria, Raises Inflation Concerns

Stakeholders in Nigeria’s maritime sector have warned that the escalating crisis in the Middle East ...

Global Stakeholders to Drive West Africa’s Green Transition at WACEE 2026

Policymakers, investors, and industry leaders from across the region and beyond are set to gather ...

Air Peace Expands West Africa Network, Launches New Regional Flight Schedules April 1

Air Peace has announced an expansion of its regional flight operations across West Africa, unveiling ...

African Hospitals Face Rising Cyberattacks as Digital Health Systems Expand – Microsoft Executive Warns

Healthcare institutions across Africa are facing a surge in cyberattacks, with hospitals, laboratories and digital ...

Latest News

Today in History

Owls are the only birds that can see the color blue.

Exchange Rate Per Dollar

AM Armenian Dram377.5001
GH Ghana Cedi10.8787
GM Gambian Dalasi74.0599
GN Guinea Franc8,777.4
NG Nigerian Naira₦1,370.93
CF CFA Franc BEAC571.0505
16 Mar · CurrencyRate · USD
CurrencyRate.Today
Check: 16 Mar 2026 13:45 UTC
Latest change: 16 Mar 2026 13:39 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?