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DRC
Kinshasa turns to private banks to repay oil companies

Banks are reactivating a financial package tested in 2023 and which helped avoid a fuel crisis so the Congolese government can repay $385m in subsidy arrears to oil operators. [...]

Published on 02/08/2024 at 05:40 GMT Reading time 2 minutes

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Finance, Energy

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DRC
Athena Capital
Cobil
Daniel Mukoko Samba
Ecobank
EquityBCDC
FBN Bank
Rawbank
Standard Bank
Tania Mbodi Mukonkole
Trade & Development Bank

Spotlight | DRC
The story behind the attempt to unsettle Inspectorate General of Finances boss Jules Alingete

At odds with key figures from Félix Tshisekedi's first term, the head of the IGF has for several weeks been the target of a smear campaign designed to substantiate allegations of his having acted in league with the interests of the Rawji Group.

Subscribers only Finance, Politics 31.07.2024

DRC
The drilling contracts scandal that's causing embarrassment all the way to the presidency

President Félix Tshisekedi was initially enthusiastic about new solar-powered water pumps and street lighting, but the contracts have given rise to violent score settling in the presidential entourage amid accusations of overcharging.

Subscribers only Infrastructure, Politics 26.07.2024

Spotlight | DRC
Engen sails into sea of troubles in DRC

The South African oil company is facing a bid by the Congolese state and relatives of the president to take control of its subsidiary. The managing director of Engen DRC has been dismissed and its shareholders are at daggers drawn.

Subscribers only Energy 14.12.2023

DRC
Government at odds over repaying its oil debts

Several senior figures in the DRC administration are against proposed arrangements for reimbursing $438m that was used to subsidise petrol prices in 2022. But failure to find a rapid solution could result in fuel shortages and unwanted political consequences.

Subscribers only Finance, Energy, Politics 09.11.2023

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DRC
Athena Capital
Cobil
Daniel Mukoko Samba
Ecobank
EquityBCDC
FBN Bank
Rawbank
Standard Bank
Tania Mbodi Mukonkole
Trade & Development Bank

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The secrets of Demex, the trader selling Russian oil in West Africa

DRC
Kinshasa turns to private banks to repay oil companies

This article may be accessed by subscribers

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create a free account

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Spotlight | DRC
The story behind the attempt to unsettle Inspectorate General of Finances boss Jules Alingete

DRC
The drilling contracts scandal that's causing embarrassment all the way to the presidency

Spotlight | DRC
Engen sails into sea of troubles in DRC

DRC
Government at odds over repaying its oil debts

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About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo The secrets of Demex, the trader selling Russian oil in West Africa

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West African cocoa cartel battles with the traders

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DRC Kinshasa turns to private banks to repay oil companies

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Spotlight | DRC The story behind the attempt to unsettle Inspectorate General of Finances boss Jules Alingete

DRC The drilling contracts scandal that's causing embarrassment all the way to the presidency

Spotlight | DRC Engen sails into sea of troubles in DRC

DRC Government at odds over repaying its oil debts

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

DRC
Kinshasa turns to private banks to repay oil companies

Spotlight | DRC
The story behind the attempt to unsettle Inspectorate General of Finances boss Jules Alingete

DRC
The drilling contracts scandal that's causing embarrassment all the way to the presidency

Spotlight | DRC
Engen sails into sea of troubles in DRC

DRC
Government at odds over repaying its oil debts