DR Congo Tag

  French energy major Total (LSE:TTA) has commenced production at its Moho Nord deep-water project off the Congolese coast. The offshore prospect is located 75km off the port city of Pointe-Noire, and has a peak production capacity of 100,000 barrels per day, which will be harnessed using...

Boosted by Chinese investment, the Democratic Republic of Congo’s state-ran mining company Gecamines has revealed plans to strengthen its waning position in the national mining industry. The company was heavily debilitated by the Congolese civil war, and remains to be straddled with debt, with the figure...