More Challenges than Opportunities in Emerging DRC Oil Industry

Do you really think that oil will make a difference in this woman’s life? Background Africa‚Äôs oil industry is growing. Both off-shore and on-shore developments are projected to provide much-needed revenue for the Democratic Republic of the Congo (DRC). Yet fundamental challenges remain. After years of civil unrest and war, the security situation, both domestically… Read More

Black Gold in the Congo: Threat to Stability or Development Opportunity?

EXECUTIVE SUMMARY AND RECOMMENDATIONS Although it should provide development opportunities, renewed oil interest in the Democratic Republic of the Congo (DRC) represents a real threat to stability in a still vulnerable post-conflict country. Exploration has begun, but oil prospecting is nurturing old resentments among local communities and contributing to border tensions with neighbouring countries. If… Read More