Cobalt demand is increasing due to its key role in the transition to clean energies. Although the main Co ores are the sediment-hosted stratiform copper deposits of the Democratic Republic of the Congo, Co is also a by-product of Ni–Co laterite deposits, where Co extraction efficiency depends, among other factors, on the correct identification of Co-bearing minerals. In this paper, we reported a detailed study of the Co mineralisation in the Ni–Co laterite profiles of Loma Caribe (Dominican Republic) and Loma de Hierro (Venezuela). Cobalt is mainly associated with Mn-oxyhydroxide minerals, with a composition between Ni asbolane and lithiophorite, although a Co association with phyllosilicates has also been recorded in a Loma de Hierro deposit. In Loma Caribe, Co-bearing Mn-oxyhydroxide minerals mainly developed colloform aggregates, and globular to spherulitic grains, while in Loma de Hierro, they displayed banded colloform, fibrous or tabular textures. Most of the compositional analyses of Mn-oxyhydroxides yielded 20 and 40 wt.% Mn, with Ni and Co up to 16 and 10 wt.%, respectively. In both profiles, Mn-bearing minerals were mainly found in the transition from the oxide horizon to the saprolite, as observed in other laterite profiles in the world, where the precipitation of Mn-bearing minerals is enhanced because of the pore solution saturation and pH increase.