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Africa: Rwanda Faces Economic Backlash Amid M23 Rebels in Congo

DeFi Daily News by DeFi Daily News
February 12, 2025
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Africa: Rwanda Faces Economic Backlash Amid M23 Rebels in Congo
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Condemnation has grown over Rwanda’s military backing of the insurgency by M23 rebels in eastern Congo, near the border between the two nations. President Paul Kagame has become increasingly isolated and, as the war drags on, the threat of economic pain for Rwanda rises. More than 3,000 people have been killed in the past weeks as M23 fought to take control of Goma, a key trading hub in eastern Congo. Bloomberg’s Ondiro Oganga reports from Kigali.
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Tags: africaafrican economyAidBacklashBloombergBloomberg NewsBloomberg TelevisionBloomberg TVCongoDemocratic Republic of CongodonorsEconomicEconomyfacesForeign aidIMFinternational monetary fundM23M23 rebel grouprebelsRepublic of RwandaRwanda
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