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DRC
Tshisekedi fights back against Dig Oil over $619m arbitration ruling

The president is expected to revoke the 2018 settlement with South African oil firm Dig Oil and go back to court. [...]

Published on 09/07/2021 at 06:00 GMT Reading time 2 minutes

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Energy

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DRC
Caprikat
Dan Gertler
Dig Oil
Felix Tshisekedi
Foxwhelp
Joseph Kabila
Kiese
Nicolas Kazadi
Philippe Chansay-Wilmotte
Rose Mutombo

DRC
Dan Gertler struggles to implement settlement signed with government

Having negotiated and signed a settlement with the government of the DRC in less than a month, businessman Dan Gertler is being prevented from honouring it by financial, legal and political obstacles.

Subscribers only Mining, Business 09.03.2022

Dan Gertler (left) at the signing of the agreement with the Congolese government on 24 February 2022.

DRC
Dig Oil wins confirmation of $619m arbitration award against DRC in Brussels

Following the United States, the Belgian courts have also ruled in favour of enforcing the decision of a Paris arbitration court in favour of the oil junior Dig Oil against Kinshasa.

Subscribers only Energy 31.01.2022

In Focus | DRC
The unseen hands at play in US ruling against DRC in Dig Oil award

Following a US court ruling, the DRC may see up to $619m of its US assets seized by oil junior Dig Oil. Africa Intelligence has had access to documents that reveal the determining behind-the-scenes role played by several Congolese ministers in this legal fiasco.

Subscribers only Energy, Politics 27.09.2021

DRC
No let-up for Kinshasa as CapitalKeys continues to chase its $16.6 million

The US lobbying firm CapitalKeys is appealing against an unfavourable court ruling in its dispute with the DRC's central bank.

Subscribers only Business 22.07.2021

Spotlight | DRC
New Finance Minister Nicolas Kazadi's ties with Dig Oil founder Nozi Mwamba

Dig Oil's founder managed to infiltrate the Congolese head of state's entourage and steer its negotiations with his company.

Subscribers only Energy 13.04.2021

Spotlight | DRC
Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

Though some of the Congolese president's advisors are still pushing to counter the South African firm's arbitration award with another lawsuit, others would prefer Tshisekedi to accept a secret deal that comes with financial compensation.

Subscribers only Energy 26.03.2021

Nicolas Kazadi, Tshisekedi's roving ambassador and negotiator of a possible settlement with Dig Oil.

In Focus | DRC
Tshisekedi's advisers split over response to $617m arbitration award

The arbitration ruling won by Dig Oil against the DRC has put the head of state's advisers at loggerheads. Felix Tshisekedi's inner circle are pressing him to seek a settlement with the South African oil company, while one of the country's legal advisers is pleading for an energetic legal counter-attack.

Subscribers only Energy 15.03.2021

Félix Tshisekedi Tshilombo, President of the Democratic Republic of Congo.

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Threatened with a fine equal to 10% of the national budget, the Congolese president has little choice but to negotiate with Dig Oil even as Kinshasa looks for a last ditch attempt to annul the arbitral ruling in favour of the South African oil junior.

Subscribers only Energy 19.08.2020

President Felix Tshisekedi (left) has chosen his advisor Nicolas Kazadi to negotiate with South African junior Dig Oil.

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DRC
Caprikat
Dan Gertler
Dig Oil
Felix Tshisekedi
Foxwhelp
Joseph Kabila
Kiese
Nicolas Kazadi
Philippe Chansay-Wilmotte
Rose Mutombo

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DRC
Tshisekedi fights back against Dig Oil over $619m arbitration ruling

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Set up email notifications for these topics

DRC
Dan Gertler struggles to implement settlement signed with government

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Tshisekedi's advisers split over response to $617m arbitration award

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

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Indigo Publications' websites

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DRC Tshisekedi fights back against Dig Oil over $619m arbitration ruling

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

DRC Dan Gertler struggles to implement settlement signed with government

DRC Dig Oil wins confirmation of $619m arbitration award against DRC in Brussels

In Focus | DRC The unseen hands at play in US ruling against DRC in Dig Oil award

DRC No let-up for Kinshasa as CapitalKeys continues to chase its $16.6 million

Spotlight | DRC New Finance Minister Nicolas Kazadi's ties with Dig Oil founder Nozi Mwamba

Spotlight | DRC Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

In Focus | DRC Tshisekedi's advisers split over response to $617m arbitration award

DRC $617m arbitration: Dig Oil uses upper edge to corner Tshisekedi

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

DRC
Tshisekedi fights back against Dig Oil over $619m arbitration ruling

DRC
Dan Gertler struggles to implement settlement signed with government

DRC
Dig Oil wins confirmation of $619m arbitration award against DRC in Brussels

In Focus | DRC
The unseen hands at play in US ruling against DRC in Dig Oil award

DRC
No let-up for Kinshasa as CapitalKeys continues to chase its $16.6 million

Spotlight | DRC
New Finance Minister Nicolas Kazadi's ties with Dig Oil founder Nozi Mwamba

Spotlight | DRC
Tshisekedi's advisors at loggerheads over secret Dig Oil deal as arbitration looms

In Focus | DRC
Tshisekedi's advisers split over response to $617m arbitration award

DRC
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi