IBOV 170,840.84 ▼ 0.71% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.64▲ 1.04% USD/MXN18.59▼ 0.03% USD/CLP994.76▲ 1.22% USD/COP3,305▼ 0.06% USD/PEN3.41▼ 0.09% USD/ARS1,545▲ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,185▲ 3.33% USD/BOB11.60▲ 0.86% USD/DOP60.43▼ 0.03% USD/CRC445.25▲ 1.62% USD/GTQ7.65▲ 3.31% USD/HNL26.90▲ 3.30% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 2.15% USD/TTD6.71▲ 2.19% EUR/BRL6.23▲ 0.06% BRENT 95.96 ▲ 3.45% WTI 88.85 ▲ 2.68% IRON ORE 161.91 — — COPPER 6.19 ▼ 1.39% GOLD 3,878 ▼ 3.07% SILVER 49.93 ▼ 3.77% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 3.53% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42% IBOV 170,840.84 ▼ 0.71% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.64 ▲ 1.04% USD/MXN 18.59 ▼ 0.03% USD/CLP 994.76 ▲ 1.22% USD/COP 3,305 ▼ 0.06% USD/PEN 3.40 ▼ 0.25% USD/ARS 1,545 ▲ 0.03% USD/UYU 40.52 ▲ 3.32% USD/PYG 6,185 ▲ 3.33% USD/BOB 11.60 ▲ 0.86% USD/DOP 60.43 ▼ 0.03% USD/CRC 445.25 ▲ 1.62% USD/GTQ 7.65 ▲ 3.31% USD/HNL 26.90 ▲ 3.30% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 2.15% USD/TTD 6.71 ▲ 2.19% EUR/BRL 6.23 ▲ 0.05% BRENT 95.96 ▲ 3.45% WTI 88.85 ▲ 2.68% IRON ORE 161.91 — — COPPER 6.19 ▼ 1.39% GOLD 3,878 ▼ 3.07% SILVER 49.93 ▼ 3.77% SOY 1,220 ▼ 0.77% CORN 442.25 ▼ 1.28% WHEAT 582.50 ▼ 2.84% COFFEE 275.10 ▲ 2.27% SUGAR 18.22 ▼ 1.41% ORANGE JUICE 140.60 ▼ 3.53% COTTON 78.56 ▲ 0.05% COCOA 5,187 ▲ 5.71% BEEF 223.05 ▲ 1.86% CATTLE 331.80 ▼ 0.25% LITHIUM 59.43 ▼ 2.69% PETR4 44.70 ▲ 2.64% VALE3 63.95 ▼ 0.75% ITUB4 41.68 ▼ 0.10% BBDC4 14.32 ▼ 0.07% ABEV3 15.75 ▼ 0.63% BBAS3 15.48 ▼ 8.35% B3SA3 14.76 ▼ 0.27% WEGE3 51.65 ▲ 0.08% PRIO3 63.30 ▲ 2.98% SUZB3 56.04 ▲ 4.16% RENT3 29.58 ▼ 2.18% AZZA3 16.90 ▲ 9.95% CSAN3 2.85 ▼ 5.94% RAIZ4 0.30 ▼ 98.60% PCAR3 2.39 ▼ 5.91% GMAT3 3.84 ▼ 5.88% PSSA3 45.94 ▼ 0.09% CVCB3 0.84 ▼ 2.33% POSI3 3.37 ▲ 1.51% SLCE3 18.36 ▲ 7.68% NATU3 5.33 ▼ 5.16% BRKM5 3.07 ▲ 5.14% RANI3 8.18 ▼ 2.50% CSNA3 4.23 ▼ 6.42%
since 2009
Thursday, November 12, 2026

DR Congo Africa

Congo’s Ruling Party Backs New Constitution

By · · 5 min read
A government office tower in Kinshasa with Congolese flags flying in front of the entrance and cars on the road outside
File photo, 2016. The Immeuble du Gouvernement, a government office tower in Kinshasa, with Congolese flags at its entrance. (Photo: Kitangaza.1953, CC0, via Wikimedia Commons)

Published Thursday 12 November 2026 · Source: ruling-party speech of 11 November, Law 26/045, Constitution of DR Congo, Polymarket

Key Facts

  • Who: Augustin Kabuya, secretary general of the ruling UDPS (Union for Democracy and Social Progress), spoke on Wednesday 11 November.
  • Message: He told party members to “vote for a new constitution” when a referendum is held.
  • Law: Law 26/045 of 9 November took effect when signed and sets the rules for any referendum.
  • Not known: No referendum date or question has been announced, and the opposition fears a third term.
  • Prediction markets: Polymarket, a crypto-based prediction market, prices President Félix Tshisekedi leaving office by 31 December at 2.55% (12 November, 3:08 p.m. Eastern Time).

Congo’s ruling party has begun campaigning for a referendum that has not even been called. Augustin Kabuya, secretary general of the Union for Democracy and Social Progress (UDPS), told members on Wednesday 11 November to “vote for a new constitution” when the vote comes, according to Congolese media reports.

Free daily brief — no card needed
Get every Africa story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

It matters beyond the capital, Kinshasa, because the Democratic Republic of Congo is the world’s largest cobalt producer, according to the US Geological Survey, the US government’s earth-science agency, and cobalt is a metal used in the batteries of electric cars and phones. Opposition parties say a new constitution could let President Félix Tshisekedi stay in power beyond his second and last term under the current one.

What Kabuya Told His Party

Speaking to UDPS officials and activists, Kabuya told them to “vote for a new constitution” when a referendum is held, according to Congolese media reports of the speech. The call came days after the law was signed.

The message is not new. On 22 September 2026, at a UDPS march in Kinshasa, Kabuya publicly said the moment had come to change the constitution and called on Tshisekedi to act.

In Plain English: Who Is Who

The UDPS is the party of Tshisekedi, who has led Congo since January 2019. He was re-elected in December 2023, and Kabuya is the party’s secretary general.

The current constitution dates from 2006 and limits a president to two terms. Its Article 220 bars any revision of the number and duration of presidential terms.

Live Market IntelligenceCrypto — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Crypto — Live Market Board

Digital assets
Nov 12, 2026 · 18:38

Bitcoin · benchmark
71,412
-3.45%
L 71,262day rangeH 74,072

-29.76% over 12 months

Market breadth · 17 names
12% advancing

2 ▲ advancing15 declining ▼

Currencies, rates & key inputs
Ethereum
2,016
-1.92%

Solana
81.40
-2.31%

Gold
3,878
-3.07%

USD / BRL
5.64
+1.04%

Full instrument board
Instrument Last Change YoY Prev. High Low Volume
BTC 71,412 -3.45% -29.76% 73,964 74,072 71,262 28,072,685,568
ETH 2,016 -1.92% -40.92% 2,056 2,062 1,988 10,786,531,328
SOL 81.40 -2.31% -46.90% 83.32 83.68 80.54 2,302,707,200
XRP 1.04 -1.23% -56.43% 1.05 1.06 1.02 1,872,788,864
BNB 655.28 -3.57% -31.27% 679.51 681.44 650.05 991,514,048
ADA 0.17 -0.44% -68.17% 0.17 0.18 0.17 253,886,736
DOGE 0.07 -1.73% -61.01% 0.07 0.07 0.06 690,258,560
AVAX 8.37 -1.73% -50.31% 8.52 8.68 8.25 283,067,712
LINK 10.08 -1.10% -33.44% 10.19 10.23 9.79 310,919,264
DOT 0.83 -0.95% -71.51% 0.84 0.85 0.82 63,155,688
LTC 50.12 -0.24% -48.62% 50.24 50.40 48.53 225,119,760
BCH 225.90 -1.09% -55.41% 228.38 230.21 223.48 130,368,240
TRX 0.32 -0.41% +7.06% 0.32 0.32 0.32 297,968,320
XLM 0.15 +1.48% -46.23% 0.15 0.15 0.14 136,447,760
HBAR 0.06 -2.61% -63.35% 0.07 0.07 0.06 62,069,580
NEAR 3.44 -4.17% +35.65% 3.59 3.62 3.35 547,825,536
ATOM 1.42 +2.09% -50.72% 1.39 1.42 1.38 24,669,624
AAVE 114.31 -5.35% -44.17% 120.77 120.74 111.10 254,402,064

Largest moves today
AAVE
114.31
-5.35%
NEAR
3.44
-4.17%
BNB
655.28
-3.57%
BTC
71,412
-3.45%
HBAR
0.06
-2.61%
SOL
81.40
-2.31%
ATOM
1.42
+2.09%
ETH
2,016
-1.92%

The session read
The Bitcoin eased 3.45%, with breadth negative — 2 of 17 names higher. ATOM led, while AAVE lagged.

What the New Law Does

Law 26/045, dated Monday 9 November, sets the rules for organising a referendum: its purpose, who can start one, how it is called, the campaign and the offences that can be punished. A deputy spokesman of the president read passages on state television (RTNC, the national broadcaster) on 10 November, and the law took effect when signed.

The law makes taking part a civic duty for every registered citizen aged 18 or older. Nobody may vote more than once.

An aerial view of office towers, red-roofed houses and green trees in Kinshasa, the capital of DR Congo
File photo, 2020. The Gombe district of Kinshasa, DR Congo’s capital, where the ministries and the presidency sit. (Photo: EdwinAlden.1995, CC BY-SA 4.0, via Wikimedia Commons)

What Prediction Markets Say

Traders on Polymarket, a crypto-based prediction market, price the chance that Tshisekedi is out as president by 31 December 2026 at 2.55% (as of 15:08 Eastern Time, 20:08 UTC, on 12 November). About US$21,640 has been traded on that market in total, which is thin.

The price covers only the rest of this year, so it says nothing about a referendum in 2027 or a third term after 2028. Prices are bets, not polls.

Why we show this: prediction markets turn real-money bets into a live probability that moves within minutes of the news, which is why investors, campaigns and newsrooms in the United States now follow them closely. We show them next to polls and official results, never instead of them.

What It Means for You

For investors in Congolese cobalt, the law changes no mining rule and calls no vote. What it does is start a political fight over how long Tshisekedi can rule, in a country where the eastern provinces are also in conflict.

Watch for a decree or announcement that sets a referendum date and question, and for any move by the opposition or by the Constitutional Court, the country’s top court on constitutional questions. Our earlier reports cover the signing of the law, the third-term debate and the wider DR Congo coverage.

What Is Not Known

No referendum date, question or draft constitution has been announced. The UDPS has not published a transcript of the speech that we could find.

Frequently Asked Questions

What did the UDPS say about the referendum?

Secretary general Augustin Kabuya told members on 11 November to vote for a new constitution when a referendum is held. No date has been set.

Is there a referendum date in DR Congo?

No date or question has been announced. Law 26/045 of 9 November only sets the rules for organising one.

Why does the opposition object?

Opposition parties say a new constitution could let Tshisekedi stay in power after his second term. The current constitution’s Article 220 bars changes to presidential term limits.

What do prediction markets say about Tshisekedi?

Polymarket traders price his leaving office by 31 December 2026 at 2.55% as of 15:08 Eastern Time on 12 November. That market has about US$21,640 in total volume.

Sources: Law no. 26/045 of 9 November 2026 on the organisation of the referendum, passages read on national television on 10 November 2026; Constitution of the Democratic Republic of Congo of 2006, article 220; US Geological Survey, Mineral Commodity Summaries (cobalt); public statements by the UDPS secretary general of 22 September 2026 and 11 November 2026 as reported by Congolese media; Polymarket market on Tshisekedi leaving office, read 12 November 2026.

The Big Picture

Africa: The New Scramble — why the world’s powers are competing for the continent

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

Free · Any country in the world · Prediction markets
Want prediction market reports on your country?
Pick any country in the world. Your report arrives the moment you confirm, then every Sunday: what the markets say about elections, currencies and policy there, with volumes and plain-English explanations.

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Guinea's gold ban sends thousands to Burkina”

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.