Qatar has launched a major investment offensive in the Democratic Republic of Congo, committing approximately $21 billion to the country's mining sector.
The move includes a $500 million stake in Ivanhoe Mines, marking a significant shift in the geopolitical landscape of critical mineral extraction.
The investment was formalized through a letter of intent signed by Qatar's Al Mansour Holding.
This capital injection targets the DRC's copper-cobalt belt, a region central to the global supply of battery materials.
The scale of the pledge suggests a strategic pivot by the Gulf state to secure long-term access to resources essential for the energy transition.
This development adds a new layer of competition to the African mining sector, where Chinese and Western interests have traditionally dominated.