DRC
Pressure mounts on Tshisekedi not to challenge $619m Dig Oil ruling in court

DRC
China's WIETC threatens arbitration after having its Ndjili Airport contract cancelled

Five years after the laying of the foundation stone for the new terminal at Ndjili International Airport, the DRC authorities have terminated their contract with China's WIETC group. They want it to go to Turkish group Milvest, which is already well established in Kinshasa.

DRC
M23 rebels force massive rise in DRC military spending

The resurgence of M23 rebels is costing the DR Congo army a fortune in military expenditure. But despite the massive increase in funding - from $459m in 2021, to $700m in 2022 - the Congolese army is failing to subdue the insurgents.

DRC
Secret trade-off deal with oil block assessor

A Nigerian businessman, whose company pre-financed the assessments of the DRC oil blocks put up for sale in July, is asking the hydrocarbons minister Didier Budimbu to organise a restricted tender call to award two blocks of his choice.

DRC
Minister Nicolas Kazadi hires consultancy for $1.2m

The government in Congo has hired a new US consulting firm.

DRC
Kinshasa launches audit of petroleum products as fuel shortage kicks in

Faced with fuel shortages in Kinshasa, the government of DRC led by Prime Minister Sama Lukonde Kyeng has launched an audit on the pricing structure of petroleum products.

DRC, Israel, United States
Dan Gertler under FBI investigation

U.S. authorities are investigating possible circumvention of the sanctions they have put in place against mining magnate Dan Gertler in DRC. Dan Gertler claims he knows nothing about these investigations and has complied with the sanctions.

Palace Intrigues
Ali Bongo, Félix Tshisekedi, Denis Sassou Nguesso, Ségolène Royal

Intrigues big and small... Every Tuesday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Gabon Frédéric Bongo back at the Palais du Bord de Mer

DRC Tshisekedi's gives cars to senators

Congo Denis Sassou Nguesso misses his tailor's birthday

France-Africa Ségolène Royal's African adventures

DRC, United States
Tshisekedi caught between Dan Gertler and Washington

On the one hand, the mining magnate Dan Gertler is plying pressure on Kinshasa to enact the compromise he signed last month as fast as possible, while on the other, the US wants Felix Tshisekedi's government to re-evaluate the terms of the agreement it deems very unfavourable.

DRC
DR Congo's UN mission red-faced after bank accounts frozen

Congolese President Félix Tshisekedi has proclaimed his ambition for a new and more effective diplomacy for his country. But his government is embarrassed about its United Nations diplomatic representation, whose bank accounts have been frozen for months.

DRC
Efora Energy wants out of block 3, just Dig Oil remains

Efora Energy no longer considers block 3 it co-owns with Dig Oil in the DR Congo a strategic asset and wants to withdraw from it, according to our sources. The block was owned by TotalEnergies until 2019.

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.

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.

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.