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

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.

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.

Minister Nicolas Kazadi hires consultancy for $1.2m 

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

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.

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.

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• CONGO - Denis Sassou Nguesso misses his tailor's birthday

• FRANCE-AFRICA - Ségolène Royal's African adventures

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.

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.

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.

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.