The Democratic Republic of Congo is opening parts of the world’s second-biggest rainforest to drilling following its offer on July 28 of licensing rights for 27 oil and three gas blocks in the region. Initially, Kinshasa had planned to give away 16 oil blocks but it appears that with the …
Read More »Rwanda, DRC to explore oil in Lake Kivu
The Democratic Republic of Congo and Rwanda have signed a five-year joint exploration agreement for oil under Lake Kivu. The agreement follows a similar one between Tanzanian President John Pombe Magufuli and Congolese President Joseph Kabila in 2016. The two leaders signed a memorandum of understanding to jointly explore the …
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