Two silica supports either non porous (SiO2) or mesoporous (SBA-15) were impregnated with cobalt (12 wt%) in order to study the confinement effect on catalytic performances in dry reforming of methane. Further increase of activity was obtained by adding small amounts of rhodium (0.2 and 0.5 wt%) to the Co/SBA-15 catalyst. The structural and morphological properties of the calcined samples were characterized by N2 sorption, X-ray diffraction and high-resolution transmission electron microscopy (ultra-thin sections). Their reducibility was studied by temperature-programmed reduction. After in situ reduction of the materials, their catalytic activity was tested in dry reforming of methane up to 800 °C followed by stability testing at 550 °C for 550 minutes. Cobalt confinement in the mesopores of SBA-15 is shown to be highly beneficial towards not only activity but also stability, the reduced nanoparticles being then more resistant against sintering under stream. Rh plays a role as an additional active phase. It also strongly favors cobalt stabilization in the mesopores by permitting its reduction at a much lower temperature, which allows avoiding metal migration to the surface of the silica grains. The nature of coke is also shown to depend on rhodium addition, with less amount of carbon gamma (graphitic and destructive form) formed on the Rh-containing sample compared to the Rh-free Co/SBA-15 catalyst.