Congo and Rwanda are poised to sign a historic peace and economic development agreement in Washington on Friday, aimed at ending the violence that has plagued the eastern region of Congo. The agreement, part of a broader diplomatic effort, comes as the US discusses investing billions of dollars in Congo's mineral-rich economy.

The deal, to be signed by the foreign ministers of both countries, marks a significant step towards resolving the conflict that has ravaged the region since January. Rwandan-backed M23 rebels have captured the two largest cities in eastern Congo, leading to a surge in violence and humanitarian crisis. The United Nations and Western governments have accused Rwanda of providing arms and troops to M23, which Rwanda denies.

The US has expressed interest in mediating a resolution to the conflict, motivated by the potential to access a greater share of Congo's vast mineral resources. Congo is rich in vital minerals such as copper, cobalt, and lithium, key materials used in mobile phones and electric vehicles. Currently, China and its mining companies control a significant portion of these resources, and the US is seeking to secure a greater share of the market.

Rwanda has also announced that it is in discussions with the US about a potential minerals deal, further highlighting the strategic importance of the region's natural resources. Qatar has also expressed interest in mediating a resolution to the conflict, positioning itself as a peacemaker in global conflicts.

The agreement is seen as a crucial step towards promoting peace and economic development in the region. Congo's mineral resources have the potential to drive economic growth and development, but the ongoing conflict has hindered efforts to tap into this potential. The US investment in Congo's economy could provide a much-needed boost to the region, but it remains to be seen how the agreement will be implemented and what impact it will have on the ground.

The signing of the agreement comes at a critical time, as the region faces increasing instability and humanitarian crisis. The conflict has led to a surge in violence, displacement, and human rights abuses, and the international community has been urging a peaceful resolution. The agreement is seen as a positive step towards achieving this goal, but it will require sustained effort and commitment from all parties involved to ensure its success.

In the broader context, the agreement highlights the growing importance of Africa's natural resources in the global economy. As the world transitions to cleaner energy and electric vehicles, the demand for minerals such as cobalt and lithium is set to increase. The US and other global powers are increasingly looking to Africa as a key source of these resources, and the agreement between Congo and Rwanda is just one example of this trend.

As the agreement is signed, all eyes will be on its implementation and the impact it will have on the region. Will it bring lasting peace and economic development to the region, or will it remain a paper agreement? Only time will tell, but one thing is clear: the stakes are high, and the world is watching.