Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Congo rebels promise security in Bukavu after looting
    Headlines

    Congo rebels promise security in Bukavu after looting

    Published by Global Banking & Finance Review®

    Posted on February 17, 2025

    3 min read

    Last updated: January 26, 2026

    Image depicting M23 rebels in Bukavu as they promise to restore security following widespread looting. This situation highlights the ongoing conflict in eastern Congo, affecting local communities.
    Congo rebels in Bukavu promise security after recent looting - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilityinvestmentfinancial management

    Quick Summary

    M23 rebels have taken control of Bukavu, promising security after looting. The conflict raises concerns over regional stability and control of mineral resources.

    M23 Rebels Vow to Restore Security in Bukavu Following Looting

    (Reuters) - Residents of eastern Congo's second-largest city on Monday surveyed the aftermath of widespread looting that accompanied the arrival of Rwandan-backed M23 rebels who have pledged to restore order.

    The M23 fighters moved into the centre of Bukavu on Sunday, marking the Tutsi-led group's most significant advance since seizing east Congo's biggest city of Goma in late January.

    The capture of Bukavu, a commercial hub, and of the strategic airport that services the city in the nearby town of Kavumu dealt a further blow to Kinshasa's authority and escalated a conflict that has fanned fears of an all-out regional war.

    Congo's government has so far stopped short of saying Bukavu was fully under M23 control. Congolese and allied Burundian troops withdrew from the city to avoid fighting in densely populated areas, creating a power vacuum that gave rise to looting and a prison break.

    In a statement read on local radio on Monday, a rebel alliance that includes M23 said it would assist the population of Bukavu who were "abandoned" by the army and allied combatants.

    "Our forces have been working to restore the security for the people and their property, much to the satisfaction of the entire population," it said.

    'THEY TOOK EVERYTHING'

    Standing before his looted shop, Zozo Sakali said he did not know how he could repay the loan he took out to buy merchandise.

    "The thugs arrived, they took everything, and nothing remains. I'm really upset. I don't know how I'm going to repay the money I borrowed," he said.

    The well-equipped M23 is the latest in a long line of ethnic Tutsi-led rebel movements to emerge in Congo's volatile east.

    Rwanda rejects allegations from Congo, the United Nations, and Western powers that it supports the group with arms and troops. It says it is defending itself against the threat from a Hutu militia, which it says is fighting with the Congolese military.

    Congo rejects Rwanda's complaints and says Rwanda has used its proxy militias to loot its minerals.

    M23 have now captured more territory than all other rebellions since the end of two major wars that ran from 1996 to 2003. These advances have also handed them control of some of the region's vast and valuable mineral deposits.

    Congo is the world's top producer of tantalum and cobalt, a key component in batteries for electric vehicles and mobile phones. It is also the third largest global copper producer and home to significant coltan, lithium, tin, tungsten and gold deposits. The east is rich in tin, tantalum and gold.

    (Reporting by Congo Newsroom; Writing by Sofia Christensen; Editing by Robbie Corey-Boulet and Hugh Lawson)

    Key Takeaways

    • •M23 rebels have advanced into Bukavu, promising security.
    • •Looting occurred as Congolese troops withdrew from Bukavu.
    • •M23's capture of Bukavu impacts Congo's authority.
    • •Congo accuses Rwanda of supporting M23 rebels.
    • •Congo's mineral-rich regions are under rebel control.

    Frequently Asked Questions about Congo rebels promise security in Bukavu after looting

    1What did the M23 rebels promise to the residents of Bukavu?

    The M23 rebels pledged to assist the population of Bukavu, claiming they would restore security for the people and their property.

    2How did the looting affect local businesses in Bukavu?

    Local businesses were severely impacted, as evidenced by shop owners like Zozo Sakali, who reported losing everything and expressed concerns about repaying loans.

    3What has been the international response to the M23's actions?

    Rwanda has denied allegations of supporting the M23 rebels, while Congo accuses Rwanda of using proxy militias to loot its minerals.

    4What strategic locations did the M23 rebels capture?

    The M23 rebels captured Bukavu, a commercial hub, and the strategic airport in Kavumu, further undermining the authority of the Congolese government.

    5What is the historical context of the M23 rebel group?

    The M23 is part of a long line of ethnic Tutsi-led rebel movements in eastern Congo, marking significant advances in the ongoing conflict since the end of two major wars.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Norway crown princess apologises to king and queen over Epstein friendship
    Norway crown princess apologises to king and queen over Epstein friendship
    Image for France and Bahrain sign bilateral deal on defence
    France and Bahrain sign bilateral deal on defence
    Image for Olympics-Italy's Meloni plays down ICE agent furore as she meets Vance
    Olympics-Italy's Meloni plays down ICE agent furore as she meets Vance
    Image for Global chip sales expected to hit $1 trillion this year, industry group says
    Global chip sales expected to hit $1 trillion this year, industry group says
    Image for Europe, Turkey agree to work toward updating customs union
    Europe, Turkey agree to work toward updating customs union
    Image for Greek joint venture seeks 20-year US LNG deal to strengthen Southern Europe’s gas supply
    Greek joint venture seeks 20-year US LNG deal to strengthen Southern Europe’s gas supply
    Image for Elton John tells UK privacy trial he was 'incensed' by Daily Mail hacking allegations
    Elton John tells UK privacy trial he was 'incensed' by Daily Mail hacking allegations
    Image for Norway set to probe Epstein revelations as scandal reverberates round Europe
    Norway set to probe Epstein revelations as scandal reverberates round Europe
    Image for RWE explores buying LNG from ADNOC as Germany moves to diversify supply
    RWE explores buying LNG from ADNOC as Germany moves to diversify supply
    Image for Canada sends AIM missiles for Ukraine air defences, Ukrainian minister says
    Canada sends AIM missiles for Ukraine air defences, Ukrainian minister says
    Image for Pricier iPhones? Global memory chip crunch puts spotlight on Apple
    Pricier iPhones? Global memory chip crunch puts spotlight on Apple
    Image for Russian foreign minister accuses Ukraine of assassination attempt on top Russian general in Moscow
    Russian foreign minister accuses Ukraine of assassination attempt on top Russian general in Moscow
    View All Headlines Posts
    Previous Headlines PostRubio and Saudi crown prince discuss Gaza after Trump proposal
    Next Headlines PostUS Ukraine envoy Kellogg says no one will impose peace deal on Zelenskiy