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Congo To Open New Oil Licensing Round to Boost Investment

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Kingsley Kobo

Kingsley Kobo is an expert on Francophone West and Central Africa, with over 15 years' experience covering business, finance, politics, tech, and more across both regions.
  • Government to offer new exploration and exploitation licences at upcoming investment forum
  • Congo aims to ramp up production from 274,000 to 500,000 barrels per day in 2025

The Republic of Congo is rolling out a new licensing policy to attract international investors and revitalise its oil and gas sector, the Ministry of Hydrocarbons announced on Friday.

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Digital payments in Africa surges. Photo by Iqbal Nuril Anwar @ Pixabay
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Critical mineral. Photo by Claudio Grande @ Unsplash
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Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
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Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
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