Congolese billionaire Lucien Ebata plans a 20-fold jump in his oil output
Congolese oil tycoon Lucien Ebata says his company Trident OGX aims to raise production from 2,500 barrels a day to as much as 50,000.
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Congolese oil tycoon Lucien Ebata says his company Trident OGX aims to raise production from 2,500 barrels a day to as much as 50,000.
Babacar Ngom's Sedima will invest 20.47 billion CFA francs, about $35 million, in an integrated poultry and grain complex in Congo's Pool department.
Paul Obambi has won a cassiterite prospecting licence over 253 square kilometres in Kouilou, diversifying beyond the iron ore project he runs at Mayoko.
The Republic of Congo raised $850 million in a 10-year international bond at 9.5% coupon, with demand exceeding $1.6 billion from nearly 80 international investors.