Skip to main content

Crisis in the Democratic Republic of Congo (DRC) by Papa Yaw Owusu, Impact Investing Intern


The most recent Africa Policy Breakfast, “Crisis in the Democratic Republic of the Congo” (DRC) was held on May 16th and hosted by the Congressional Black Caucus Foreign Affairs & National Security Task Force. The discussion considered options for regional and international responses to the situation in the DRC, a Central African country rich in natural resources, with 79 million people. The country has industrial diamonds, cobalt, and copper along with about 50% of the potential hydroelectric power for the continent.

The Policy Breakfast started with a brief introduction to the current crisis in the DRC and moved onto discuss potential solutions. The country has experienced many conflicts, causing the displacement of 1.7 million people in 2017. This tumultuous period can be attributed to a myriad of overlapping factors including the destabilizing historical role of Western countries vis a vis the DRC's colonial past, the corrupting influence of foreign corporations who value monetary interests over African lives, the weakened state of civic institutions, as well as ongoing ethnic and political conflicts.


Given the above, it is evident that the situation has complex and deep-rooted causes which have significantly and negatively impacted both the Congolese and others in the region. In point of fact, these conflicts were on display at the Breakfast itself. During the DRC’s US ambassador's talk, in which he gave a rosy version of events in keeping with his government's stance, he was met with a series of disapproving jeers.

Ultimately most members of the discussion panel agreed that the first step in resolving the situation should include the resignation of the DRC's current president, Joseph Kabila. Mr. Kabila has extended his tenure as President by manipulating the DRC's constitution. (This may be a warning to the US under trump.)

We hope that there are more events like this, with greater depth, providing deeper insight into the DRC's tragic situation.

Popular posts from this blog

Maternal Health Financing Facility for Black Women: A Solution to an Urgent Problem

Maternal mortality is a significant issue in the United States, with Black women disproportionately affected. Research conducted by the Centers for Disease Control and Prevention (CDC) has shown that Black women are more likely to die from pregnancy-related causes than their white counterparts. However, the issue is not new, and despite the increasing amount of data available, the disparities have remained unaddressed for far too long.  Creative Investment Research (CIR) is among the organizations that believe there is a solution to the problem. Through our proposed impact investing vehicle , the Maternal Health Financing Facility for Black Women (MHFFBW), we aim to tackle the mortality gap and support Black women during childbirth, which will, in turn, benefit their communities. The Facility, based on legally binding financing agreements containing terms and conditions that direct resources to individuals and institutions capable of addressing supply-side conditions at the heart...

Kamalanomics: Home and Health

Vice President Kamala Harris recently unveiled her economic plan, which builds upon and expands several initiatives from the Biden administration while adding new elements aimed at addressing economic challenges faced by American families. Her plan, dubbed the "Opportunity Economy" agenda, focuses on lowering costs for essential goods and services, particularly targeting housing, healthcare, and groceries. Key Components: 1. Housing: Harris proposes constructing three million new homes to address the housing supply crunch, which is more ambitious than Biden's two-million-home plan. She also advocates for a $40 billion "innovation fund" to encourage local governments to find solutions to housing shortages and make it harder for investment companies to buy up large numbers of rental properties, which has driven up rent prices. (See: Comments to the CalPERS Board of Administration, July 15, 2024 on Housing and Environmental Investing.) 2. Healthcare: Expanding on B...

Projected Impact of Gun Laws on Corporate Profits in Texas

More Fortune 500 companies are located in Texas than in any other state. Texas successfully used low taxes and minimal regulations as bait to recruit companies like Tesla and Oracle. The state promoted these “advantages” in ads highlighting their “free-market” environment and criticizing the "tax and spend policies of liberal leadership" in Democrat-run states. Four million people migrated to Texas over the past ten years. Our economic models predict a reversal, however. State of Texas corporations on the Fortune 1000 list generate $2.2 trillion in revenue, $158 billion in profit. They have a market value of $3.8 trillion and employ 2.5 million people nationwide. We continue to believe this increased corporate presence in Texas imposes a tax on the nation as a whole. Texas allows anyone 21 or older to carry handguns without training or licenses, and maintains lower gun purchase age limits. Beyond the recent abortion bill, which allows people to sue those who "aid and abe...