IBOV 171,689 ▼ 0.19% IPSA 10,840 ▲ 0.72% IPC MEX 67,248 ▲ 0.42% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,259.83 ▼ 0.41% BVL PERÚ 55,499.93 — 0.00% USD/BRL5.21▲ 0.89% USD/MXN17.55▲ 0.36% USD/CLP923.99▲ 0.06% USD/COP3,368▼ 2.20% USD/PEN3.42▼ 0.07% USD/ARS1,489▲ 0.34% USD/UYU40.12▲ 1.19% USD/PYG6,052▲ 1.44% USD/BOB6.85▲ 1.65% USD/DOP59.27▲ 1.03% USD/CRC451.40▲ 2.46% USD/GTQ7.62▲ 2.45% USD/HNL26.70▲ 0.51% USD/NIO36.62▲ 0.89% USD/VES638.10▲ 8.77% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.19▲ 0.37% USD/TTD6.73▲ 1.09% EUR/BRL5.93▲ 0.16% BRENT 71.18 ▼ 2.39% WTI 68.04 ▼ 2.10% IRON ORE 161.91 — — COPPER 6.16 ▼ 0.52% GOLD 4,055 ▲ 0.79% SILVER 59.85 ▲ 0.63% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 77.97 ▼ 0.40% PETR4 37.83 ▲ 0.08% VALE3 77.97 ▲ 0.12% ITUB4 42.44 ▲ 0.62% BBDC4 18.12 ▲ 0.22% ABEV3 16.20 ▼ 0.55% BBAS3 19.73 ▼ 0.90% B3SA3 14.40 ▼ 0.89% WEGE3 46.26 ▼ 1.39% PRIO3 52.40 ▲ 0.48% SUZB3 40.59 ▲ 2.11% RENT3 41.08 ▼ 1.11% AZZA3 17.05 ▼ 4.64% CSAN3 3.70 — 0.00% RAIZ4 0.40 ▲ 5.26% PCAR3 2.29 ▼ 0.87% GMAT3 3.57 ▼ 2.72% PSSA3 52.97 ▲ 0.09% CVCB3 1.37 ▲ 0.74% POSI3 4.08 ▼ 0.49% SLCE3 12.65 ▼ 1.94% NATU3 8.58 ▼ 1.72% BRKM5 6.20 ▼ 2.52% RANI3 7.95 ▲ 1.40% CSNA3 4.59 ▼ 0.65% CMIN3 4.14 ▼ 0.96% USIM5 8.60 ▲ 1.78% GGBR4 20.89 ▲ 0.53% ENEV3 26.25 ▼ 1.76% NEOE3 33.80 — 0.00% CPFE3 44.26 ▼ 1.16% CMIG4 10.81 ▼ 0.55% EQTL3 38.74 ▼ 0.51% LREN3 14.86 ▲ 0.68% VIVT3 33.78 ▼ 0.50% RAIL3 13.17 ▼ 1.94% KLABIN 16.92 ▲ 1.08% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.02 ▲ 0.89% HAPV3 10.55 ▲ 3.33% FLRY3 15.48 ▲ 0.52% SMTO3 15.93 ▲ 1.47% UGPA3 26.04 ▼ 0.08% VBBR3 29.48 ▼ 1.37% BBSE3 38.13 ▼ 2.66% BPAC11 54.00 ▼ 0.17% CURY3 34.79 ▼ 0.77% AERI3 2.03 ▲ 0.50% VIVARA 22.52 ▼ 1.57% COMPASS 24.55 ▲ 1.11% VAMOS 2.75 ▼ 2.14% SANB11 26.66 ▼ 0.52% ASAI3 8.66 ▼ 0.92% SBSP3 29.85 ▲ 0.71% WALMEX 51.07 ▼ 0.37% GMEXICO 197.02 ▼ 0.62% FEMSA 224.44 ▲ 0.67% CEMEX 21.31 ▲ 1.48% GFNORTE 190.00 ▲ 2.94% BIMBO 56.22 ▼ 1.63% TELEVISA 9.50 ▼ 0.73% AMX 22.51 ▼ 0.62% GAP 446.84 ▲ 1.04% ASUR 309.12 ▲ 0.79% OMA 245.87 ▼ 0.71% KOF 185.65 ▼ 0.12% GRUMA 278.61 ▼ 0.83% KIMBER 38.56 ▲ 1.00% SQM-B 68,711 ▲ 0.38% COPEC 5,800 ▲ 0.85% BSANTANDER 75.00 ▼ 0.66% FALABELLA 5,775 ▲ 0.33% ENELAM 82.00 ▼ 0.73% CENCOSUD 2,101 ▼ 1.36% CMPC 1,031 ▲ 0.49% BANCO CHILE 179.51 ▼ 0.55% LATAM AIR 26.40 ▼ 1.53% YPF 70,300 ▼ 1.16% GGAL 7,685 ▼ 1.35% PAMPA 5,040 ▼ 1.56% TXAR 665.00 ▲ 0.38% ALUAR 983.00 ▲ 0.20% TGS 9,015 ▼ 2.54% CEPU 2,272 ▼ 1.52% MIRGOR 16,350 ▲ 0.77% COME 41.41 ▼ 1.22% LOMA NEGRA 3,538 ▼ 1.94% BYMA 303.00 ▼ 2.26% TELECOM ARG 3,968 ▼ 1.92% ECOPETROL 14.45 ▲ 1.44% BANCOLOMBIA 78.22 ▼ 1.52% GRUPO AVAL 5.08 ▲ 0.99% CREDICORP 387.00 ▼ 0.66% SOUTHERN COPPER 168.80 ▼ 3.13% BUENAVENTURA 29.20 ▼ 0.31% MERCADOLIBRE 1,742 ▲ 2.64% NUBANK 13.39 ▲ 0.22% XP 16.18 ▼ 0.49% PAGSEGURO 9.05 — 0.00% STONE 10.99 ▲ 1.38% GLOBANT 31.40 ▲ 8.48% TECNOGLASS 46.97 ▲ 0.34% GAP AIRPORT 252.58 ▼ 0.23% ASUR 309.12 ▲ 0.79% OMA AIRPORT 112.20 ▼ 0.79% AMX ADR 25.61 ▼ 1.46% FEMSA ADR 128.11 ▲ 0.16% CEMEX ADR 12.13 ▲ 1.08% PETROBRAS ADR 15.99 ▼ 1.05% VALE ADR 14.90 ▼ 0.93% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.19 ▼ 1.14% AMBEV ADR 3.11 ▼ 0.96% CSN 0.90 ▼ 1.65% GERDAU 4.02 ▼ 0.50% LATAM ADR 56.91 ▼ 2.33% BTC 60,246 ▲ 2.88% ETH 1,615 ▲ 2.90% SOL 77.55 ▲ 5.48% XRP 1.06 ▲ 1.73% BNB 551.84 ▲ 1.13% ADA 0.16 ▲ 7.66% DOGE 0.07 ▲ 1.06% AVAX 6.70 ▲ 2.66% LINK 7.42 ▲ 3.23% DOT 0.84 ▲ 1.87% LTC 42.86 ▲ 2.35% BCH 213.34 ▲ 6.94% TRX 0.32 ▲ 0.45% XLM 0.20 ▲ 5.40% HBAR 0.07 ▲ 3.40% NEAR 1.83 ▲ 2.95% ATOM 1.54 ▲ 2.21% AAVE 83.57 ▼ 1.69% SELIC 14.25% EMBRAER 81.87 ▲ 0.02% EMBRAER ADR 63.05 ▼ 1.18% JBS 12.07 ▲ 1.86% JBS BDR 62.55 ▲ 2.79% MBRF3 18.00 ▼ 0.17% MBRFY 3.21 ▼ 7.49% INTER 5.49 ▲ 1.11% IBOV 171,689 ▼ 0.19% IPSA 10,840 ▲ 0.72% IPC MEX 67,248 ▲ 0.42% MERVAL 3,121,855 ▼ 1.48% COLCAP 2,259.83 ▼ 0.41% BVL PERÚ 55,499.93 — 0.00% USD/BRL 5.21 ▲ 0.89% USD/MXN 17.55 ▲ 0.36% USD/CLP 923.99 ▲ 0.06% USD/COP 3,368 ▼ 2.20% USD/PEN 3.42 ▼ 0.07% USD/ARS 1,489 ▲ 0.34% USD/UYU 40.12 ▲ 1.19% USD/PYG 6,052 ▲ 1.44% USD/BOB 6.85 ▲ 1.65% USD/DOP 59.27 ▲ 1.03% USD/CRC 451.40 ▲ 2.46% USD/GTQ 7.62 ▲ 2.45% USD/HNL 26.70 ▲ 0.51% USD/NIO 36.62 ▲ 0.89% USD/VES 638.10 ▲ 8.77% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.19 ▲ 0.37% USD/TTD 6.73 ▲ 1.09% EUR/BRL 5.93 ▲ 0.16% BRENT 71.18 ▼ 2.39% WTI 68.04 ▼ 2.10% IRON ORE 161.91 — — COPPER 6.16 ▼ 0.52% GOLD 4,055 ▲ 0.79% SILVER 59.85 ▲ 0.63% SOY 1,150 ▲ 2.93% CORN 443.00 ▲ 7.33% WHEAT 601.00 ▲ 3.49% COFFEE 314.60 ▲ 1.09% SUGAR 14.96 ▲ 4.32% ORANGE JUICE 171.85 ▼ 0.52% COTTON 77.98 ▲ 7.98% COCOA 5,076 ▲ 1.48% BEEF 241.88 ▼ 6.32% CATTLE 364.20 ▼ 0.11% LITHIUM 77.97 ▼ 0.40% PETR4 37.83 ▲ 0.08% VALE3 77.97 ▲ 0.12% ITUB4 42.44 ▲ 0.62% BBDC4 18.12 ▲ 0.22% ABEV3 16.20 ▼ 0.55% BBAS3 19.73 ▼ 0.90% B3SA3 14.40 ▼ 0.89% WEGE3 46.26 ▼ 1.39% PRIO3 52.40 ▲ 0.48% SUZB3 40.59 ▲ 2.11% RENT3 41.08 ▼ 1.11% AZZA3 17.05 ▼ 4.64% CSAN3 3.70 — 0.00% RAIZ4 0.40 ▲ 5.26% PCAR3 2.29 ▼ 0.87% GMAT3 3.57 ▼ 2.72% PSSA3 52.97 ▲ 0.09% CVCB3 1.37 ▲ 0.74% POSI3 4.08 ▼ 0.49% SLCE3 12.65 ▼ 1.94% NATU3 8.58 ▼ 1.72% BRKM5 6.20 ▼ 2.52% RANI3 7.95 ▲ 1.40% CSNA3 4.59 ▼ 0.65% CMIN3 4.14 ▼ 0.96% USIM5 8.60 ▲ 1.78% GGBR4 20.89 ▲ 0.53% ENEV3 26.25 ▼ 1.76% NEOE3 33.80 — 0.00% CPFE3 44.26 ▼ 1.16% CMIG4 10.81 ▼ 0.55% EQTL3 38.74 ▼ 0.51% LREN3 14.86 ▲ 0.68% VIVT3 33.78 ▼ 0.50% RAIL3 13.17 ▼ 1.94% KLABIN 16.92 ▲ 1.08% RAIA DROGASIL 16.70 ▼ 0.65% RDOR3 35.02 ▲ 0.89% HAPV3 10.55 ▲ 3.33% FLRY3 15.48 ▲ 0.52% SMTO3 15.93 ▲ 1.47% UGPA3 26.04 ▼ 0.08% VBBR3 29.48 ▼ 1.37% BBSE3 38.13 ▼ 2.66% BPAC11 54.00 ▼ 0.17% CURY3 34.79 ▼ 0.77% AERI3 2.03 ▲ 0.50% VIVARA 22.52 ▼ 1.57% COMPASS 24.55 ▲ 1.11% VAMOS 2.75 ▼ 2.14% SANB11 26.66 ▼ 0.52% ASAI3 8.66 ▼ 0.92% SBSP3 29.85 ▲ 0.71% WALMEX 51.07 ▼ 0.37% GMEXICO 197.02 ▼ 0.62% FEMSA 224.44 ▲ 0.67% CEMEX 21.31 ▲ 1.48% GFNORTE 190.00 ▲ 2.94% BIMBO 56.22 ▼ 1.63% TELEVISA 9.50 ▼ 0.73% AMX 22.51 ▼ 0.62% GAP 446.84 ▲ 1.04% ASUR 309.12 ▲ 0.79% OMA 245.87 ▼ 0.71% KOF 185.65 ▼ 0.12% GRUMA 278.61 ▼ 0.83% KIMBER 38.56 ▲ 1.00% SQM-B 68,711 ▲ 0.38% COPEC 5,800 ▲ 0.85% BSANTANDER 75.00 ▼ 0.66% FALABELLA 5,775 ▲ 0.33% ENELAM 82.00 ▼ 0.73% CENCOSUD 2,101 ▼ 1.36% CMPC 1,031 ▲ 0.49% BANCO CHILE 179.51 ▼ 0.55% LATAM AIR 26.40 ▼ 1.53% YPF 70,300 ▼ 1.16% GGAL 7,685 ▼ 1.35% PAMPA 5,040 ▼ 1.56% TXAR 665.00 ▲ 0.38% ALUAR 983.00 ▲ 0.20% TGS 9,015 ▼ 2.54% CEPU 2,272 ▼ 1.52% MIRGOR 16,350 ▲ 0.77% COME 41.41 ▼ 1.22% LOMA NEGRA 3,538 ▼ 1.94% BYMA 303.00 ▼ 2.26% TELECOM ARG 3,968 ▼ 1.92% ECOPETROL 14.45 ▲ 1.44% BANCOLOMBIA 78.22 ▼ 1.52% GRUPO AVAL 5.08 ▲ 0.99% CREDICORP 387.00 ▼ 0.66% SOUTHERN COPPER 168.80 ▼ 3.13% BUENAVENTURA 29.20 ▼ 0.31% MERCADOLIBRE 1,742 ▲ 2.64% NUBANK 13.39 ▲ 0.22% XP 16.18 ▼ 0.49% PAGSEGURO 9.05 — 0.00% STONE 10.99 ▲ 1.38% GLOBANT 31.40 ▲ 8.48% TECNOGLASS 46.97 ▲ 0.34% GAP AIRPORT 252.58 ▼ 0.23% ASUR 309.12 ▲ 0.79% OMA AIRPORT 112.20 ▼ 0.79% AMX ADR 25.61 ▼ 1.46% FEMSA ADR 128.11 ▲ 0.16% CEMEX ADR 12.13 ▲ 1.08% PETROBRAS ADR 15.99 ▼ 1.05% VALE ADR 14.90 ▼ 0.93% ITAU ADR 8.13 ▼ 0.49% SANTANDER BR 5.19 ▼ 1.14% AMBEV ADR 3.11 ▼ 0.96% CSN 0.90 ▼ 1.65% GERDAU 4.02 ▼ 0.50% LATAM ADR 56.91 ▼ 2.33% BTC 60,246 ▲ 2.88% ETH 1,615 ▲ 2.90% SOL 77.55 ▲ 5.48% XRP 1.06 ▲ 1.73% BNB 551.84 ▲ 1.13% ADA 0.16 ▲ 7.66% DOGE 0.07 ▲ 1.06% AVAX 6.70 ▲ 2.66% LINK 7.42 ▲ 3.23% DOT 0.84 ▲ 1.87% LTC 42.86 ▲ 2.35% BCH 213.34 ▲ 6.94% TRX 0.32 ▲ 0.45% XLM 0.20 ▲ 5.40% HBAR 0.07 ▲ 3.40% NEAR 1.83 ▲ 2.95% ATOM 1.54 ▲ 2.21% AAVE 83.57 ▼ 1.69% SELIC 14.25% EMBRAER 81.87 ▲ 0.02% EMBRAER ADR 63.05 ▼ 1.18% JBS 12.07 ▲ 1.86% JBS BDR 62.55 ▲ 2.79% MBRF3 18.00 ▼ 0.17% MBRFY 3.21 ▼ 7.49% INTER 5.49 ▲ 1.11%
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Africa Central Africa

M23 Rebels Tighten Grip on Eastern DRC, Seizing Strategic Bukavu – Rwanda Denies Involvment

By · February 17, 2025 · 2 min read

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On Sunday, February 16, 2025, Rwanda-backed M23 rebels entered Bukavu, a strategic city in the eastern Democratic Republic of Congo (DRC), marking their most significant territorial gain since their resurgence in 2022.

Witnesses confirmed the rebels seized the South Kivu provincial administrative office and Kavumu airport with little resistance from Congolese forces. This advance underscores the fragile state of the DRC’s governance and raises fears of a broader regional conflict in Africa’s Great Lakes region.

The M23 rebellion is deeply intertwined with the region’s geopolitics and historical tensions. Emerging from the ashes of the 1994 Rwandan genocide, the conflict reflects unresolved ethnic divisions and competition over eastern Congo’s vast mineral wealth.

Rwanda, accused by the United Nations and DRC of supporting M23 with troops and resources, denies direct involvement. Kigali justifies its actions as defensive, citing threats from Hutu militias like the FDLR, which include individuals responsible for the genocide and remain active in eastern Congo.

The fall of Bukavu follows M23’s capture of Goma in January. This consolidation of control over key mining areas rich in cobalt, coltan, and gold is essential for global industries like electronics and electric vehicles.

M23 Rebels Tighten Grip on Eastern DRC, Seizing Strategic Bukavu - Rwanda Denies Involvment
M23 Rebels Tighten Grip on Eastern DRC, Seizing Strategic Bukavu – Rwanda Denies Involvment. (Photo Internet reproduction)
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Analysts estimate that M23 earns substantial revenue from taxing mining operations and smuggling minerals into Rwanda, which has become a major exporter despite limited domestic reserves.

Resource Exploitation and Regional Instability in Africa

This economic dynamic highlights how resource exploitation fuels both local insurgencies and regional rivalries. The conflict has drawn condemnation from international organizations like the United Nations and African Union (AU).

UN Secretary-General António Guterres warned at an AU summit that escalating violence could spiral into a regional war. However, African leaders remain divided on how to address the crisis.

While Burundi supports Congolese forces, Uganda faces accusations of aiding M23 alongside Rwanda. These shifting alliances complicate efforts to stabilize the region.

For Africa, the crisis represents more than a localized conflict. It exposes systemic challenges in managing borders, ethnic tensions, and resource governance.

Globally, it threatens supply chains dependent on Congo’s minerals while highlighting international reluctance to intervene decisively. As Bukavu falls under rebel control, the stakes for regional stability and global economic interests grow ever higher.

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