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This new Sino-Congolese establishment has lent FCAF 10 billion to SNPC, itself a shareholder of the bank. [...]
Lazard, the bank mandated by the Congolese government to help the country renegotiate its debt with oil traders, has a thorny task ahead of itself. [...]
After finding itself forced to return its last Congolese permit [...]
The tense situation within several public companies, including the state oil company, is fuelling vicious in-fighting within the regime. [...]
In dire financial straits, the state-run firm will soon have to rearrange its entire management team. The son's president will stay at the helm. [...]
Trader Orion's boss Lucien Ebata, is part of a team of senior Congolese officials tasked with handling negotiations with the IMF. [...]
Business chiefs close to the government seem alone in benefiting from the new obligation of majors to reserve 15% of their new oil licences for local companies. Parliament adopted that measure in approving the new bill in May in the [...]
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