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Spotlight | DRC
Kinshasa's secret $150m deal with Dig Oil

Congolese Prime Minister Judith Suminwa Tuluka at the COP29 Climate Conference in Baku, Azerbaijan, on 13 November 2024 © Sean Gallup/Getty Images via AFP

Judith Suminwa Tuluka's government is caught up in a draft agreement signed in 2023 with the South African junior that was meant to put an end to a long legal dispute. [...]

Published on 11/12/2024 at 05:40 GMT Reading time 3 minutes

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Energy

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DRC
Aimé Sakombi Molendo
Arent Fox
Caprikat
Dan Gertler
Dig Oil
Dorothee Madiya Mwamba
Foxwhelp
International Chamber of Commerce
International Court of Arbitration
Joseph Kabila
Judith Suminwa Tuluka
Nicolas Kazadi
Philippe Chansay-Wilmotte
Rose Mutombo Kiese

DRC
Sicomines wins $60m rebate claim

The Chinese-Congolese joint venture took advantage of its total tax exemption status to devote certain resources to financing infrastructure projects.

Subscribers only Mining 16.01.2025

DRC
French court finds in favour of Traweco in dispute with Kinshasa

The ruling opens the way to enforcing a judgement originally handed down by a Kinshasa court in 2009 ordering the DRC authorities to pay the Congolese-registered company $3.5m.

Subscribers only Business 24.12.2024

Spotlight | DRC
Intel agency probes authenticity of data on Dan Gertler's former oil block

The DRC's national intelligence agency is investigating whether information relating to assets I and II in the Albertine Graben area, once owned by the Israeli billionaire, have been manipulated.

Subscribers only Energy 15.11.2024

Spotlight | DRC
Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

The Congolese authorities signed a second, more restricted and secretive agreement with Dan Gertler last month, in addition to the major settlement negotiated in February. Africa Intelligence is able to detail the contents of this new deal, which concerns the oil assets previously run by the businessman.

Subscribers only Energy 06.04.2022

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

Fellow Kasai natives in the president's entourage want him to negotiate directly with the South African oil company.

Subscribers only Energy 11.02.2022

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

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.

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DRC
Aimé Sakombi Molendo
Arent Fox
Caprikat
Dan Gertler
Dig Oil
Dorothee Madiya Mwamba
Foxwhelp
International Chamber of Commerce
International Court of Arbitration
Joseph Kabila
Judith Suminwa Tuluka
Nicolas Kazadi
Philippe Chansay-Wilmotte
Rose Mutombo Kiese

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Ivory Coast
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Spotlight | DRC
Kinshasa's secret $150m deal with Dig Oil

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Set up email notifications for these topics

DRC
Sicomines wins $60m rebate claim

DRC
French court finds in favour of Traweco in dispute with Kinshasa

Spotlight | DRC
Intel agency probes authenticity of data on Dan Gertler's former oil block

Spotlight | DRC
Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

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

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

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

Set up email notifications for these topics

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Indigo Publications' websites

Ivory Coast French investigation sends tremors through Abidjan's political class

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

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Kinshasa's pan-African plans for Grand Inga

Spotlight | DRC Kinshasa's secret $150m deal with Dig Oil

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

DRC Sicomines wins $60m rebate claim

DRC French court finds in favour of Traweco in dispute with Kinshasa

Spotlight | DRC Intel agency probes authenticity of data on Dan Gertler's former oil block

Spotlight | DRC Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

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

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

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

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Spotlight | DRC
Kinshasa's secret $150m deal with Dig Oil

DRC
Sicomines wins $60m rebate claim

DRC
French court finds in favour of Traweco in dispute with Kinshasa

Spotlight | DRC
Intel agency probes authenticity of data on Dan Gertler's former oil block

Spotlight | DRC
Deal within deal allows tycoon Dan Gertler to save €130m in DRC settlement

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

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

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