IBOV 187,366.84 ▲ 1.20% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,075,982 ▲ 1.36% COLCAP 2,569.47 ▲ 0.15% BVL PERÚ 59,620.96 ▲ 1.05% USD/BRL5.09▼ 0.72% USD/MXN16.91▼ 0.03% USD/CLP924.74▼ 1.05% USD/COP3,105▼ 0.76% USD/PEN3.35▼ 0.18% USD/ARS1,512▼ 0.02% USD/UYU40.22▲ 1.23% USD/PYG5,892▲ 0.36% USD/BOB12.45▲ 2.03% USD/DOP58.50▼ 0.01% USD/CRC446.50▲ 1.13% USD/GTQ7.64▲ 2.32% USD/HNL26.84▲ 1.63% USD/NIO36.62▲ 0.69% USD/VES818.05▲ 0.54% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 1.03% EUR/BRL5.92▼ 0.51% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,366.84 ▲ 1.20% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,075,982 ▲ 1.36% COLCAP 2,569.47 ▲ 0.15% BVL PERÚ 59,620.96 ▲ 1.05% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, September 9, 2026

Africa Africa & the Great Powers

DR Congo and Rwanda’s Fragile Peace Turns One

By · June 30, 2026 · 5 min read

Africa Intelligence

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

Yesterday’s subject line: “China's Africa lending fell 46% in one year”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

DR CONGO · GEOPOLITICS

Key Facts

Signed in Washington: The Congo-Rwanda peace deal was signed on 27 June 2025, mediated by the United States and Qatar.

The terms: Rwanda was to withdraw its troops and Congo to end support for the FDLR militia.

Minerals clause: The deal set out a regional economic framework built on the critical-minerals trade, with a US role.

M23 left out: The main rebel group was not a party and is in separate talks in Doha, Qatar.

One year on: Implementation has stalled, with troops not fully withdrawn and the FDLR not disbanded.

Still volatile: Fighting and mistrust persist across the mineral-rich east.

The Congo-Rwanda peace deal, signed in Washington on 27 June 2025, has just passed its first anniversary — and remains as fragile as it is ambitious. A year on, the troops have not fully withdrawn, the rebels are still talking, and the guns in eastern Congo have not fallen silent.

Congo-Rwanda peace deal — eastern DR Congo near Goma
Eastern DR Congo, near Goma, at the heart of the conflict the deal aims to end.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

What the Congo-Rwanda peace deal promised

The agreement was signed by the foreign ministers of the Democratic Republic of Congo and Rwanda, after months of fighting that nearly tipped into open war. The United States and Qatar brokered the talks.

Its core terms were clear on paper. Rwanda would pull its forces out of eastern Congo, and Kinshasa would stop backing the FDLR, a militia rooted in the 1994 Rwandan genocide.

The deal also looked beyond security. It sketched a regional economic framework built on the critical-minerals trade, with a role for the United States.

One year of stalled implementation

Twelve months on, the gap between the text and the ground is wide. Rwandan troops have not fully withdrawn, and the FDLR has not been disbanded.

Kinshasa has accused Kigali of violating the deal, while Rwanda denies keeping forces in Congo. Each side reads the same document differently.

A joint oversight committee, backed by the US, Qatar and the African Union, has kept meeting to track progress. The talks continue even as trust frays.

The M23 question and the Doha track

The biggest gap is that the most powerful rebel group never signed. The March 23 Movement, known as M23, was not a party to the Washington deal.

Instead, M23 and the Congolese government have negotiated separately in Doha. Those talks have not yet produced a settlement of their own.

Without M23 on board, a durable peace is hard to imagine. The Doha track is, in many ways, the deal behind the deal.

Minerals at the heart of the deal

Eastern Congo holds some of the world’s richest deposits of cobalt, copper and other strategic metals. Control of that wealth has fuelled the fighting for years.

The Washington framework tied peace to a minerals partnership, drawing American interest into the region. US firms have shown they are keen to invest.

That link is a double-edged sword. It gives outside powers a reason to push for calm, but it also raises fears that the region’s resources are being carved up.

Why the world is watching

The conflict sits at the crossroads of security and the global race for critical minerals. How it ends will shape who supplies the metals behind electric cars and electronics.

For the United States, the deal is a test of whether diplomacy can secure access without troops. For China, long dominant in Congo’s mines, it is a competitive challenge.

The outcome will echo across the continent. A workable model here could be copied; a failure would harden the view that such deals are hollow.

The human cost behind the diplomacy

Behind the talks lies one of the world’s gravest humanitarian crises. Years of war in the east have displaced millions and strained aid agencies.

For people in North Kivu and beyond, peace is measured not in clauses but in safety. A year of partial progress has not yet delivered that.

What comes next

The anniversary is less a milestone than a checkpoint. The hard work — troop withdrawals, disarmament and an M23 settlement — still lies ahead.

Diplomats argue that a fragile peace is better than none, and that the framework buys time. Whether it buys a settlement is the question the next year will answer.

The regional stakes

The conflict has never been contained to two countries. Its shockwaves reach Uganda, Burundi and the wider Great Lakes region.

Refugees cross borders, and armed groups move between them. A deal that holds in Congo would steady a much larger neighbourhood.

Regional bodies have tried for years to broker calm. The Washington and Doha tracks are the latest, and most internationally backed, attempts.

For African diplomacy, success would be a rare win. It would show that home-grown and outside efforts can align.

A wary anniversary

The one-year mark passed without fanfare on either side. With so much unfinished, neither government had much to celebrate.

Diplomats prefer to call the deal a foundation rather than a finish line. The next twelve months will test whether it can bear weight.

Frequently Asked Questions

What is the Congo-Rwanda peace deal?

It is a US- and Qatar-brokered agreement signed in Washington on 27 June 2025. It called for a Rwandan troop withdrawal and an end to Congo’s support for the FDLR militia.

Has the deal been implemented?

Only partly. A year on, Rwandan troops have not fully withdrawn, the FDLR has not disbanded, and fighting persists in the east.

Why is M23 important?

M23, the main rebel group, was not a party to the Washington deal and is negotiating separately in Doha. Without an M23 settlement, a lasting peace is unlikely.

What role do minerals play?

The deal ties peace to a regional critical-minerals framework involving the United States. Control of cobalt and copper in the east has long fuelled the conflict.

Connected Coverage

The struggle for Congo’s metals runs through our pillar, Africa: The New Scramble. It connects to the race to ship copper west on Zambia’s Lobito railway and to Congo’s debut Eurobond.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

LatAm Markets: Live Signals → — real-time movers, turnover leaders and FX across Latin America.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

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