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Gulf Of Guinea Commission meeting; China Development Bank opens Egypt office; Liberia EITI compliant; Botswana ONDD downgrade

There are more conflicting noises emerging from central and southern Africa about the next phase of the Inga dam development. According to the multinational Western Corridor (Westcor) company, after a hiccup as Société Nationale d'Electricité (Snel) flirted with BHP Billiton as anchor offtaker/investor,

Moribund refiner La Société Congolaise des Industries de Raffinage (Socir) is seeking an international partner to support the Muanda-based refinery’s rehabilitation.

Legislation currently before parliament aims to bring greater clarity to a licensing process regarded as opaque and overly dependent on the president, writes Jon Marks, recently in Kinshasa

Relations between Angola and Democratic Republic of Congo have deteriorated following the tit-for-tat expulsion of Angolan and Congolese nationals who have, until recent crackdowns, generally been allowed to live in border regions. President José Eduardo dos Santos failed to attend the Southern African Development Community’s Kinshasa summit

Jon Marks reports from Kinshasa that major new power projects and an oil and gas licensing round are planned, but investors will need watertight guarantees to persuade them Congo really is open for business

Criticism in the local press and among officials and trade unions of State Assets (Portefeuille) Minister Jeannine Mabunda Lioko Mudiayi shows the arch reformer in President Joseph Kabila Kabange’s government coming under a range of pressures as parastatals struggle to meet her stringent demands for reform,

President Kabila’s government has upset western donors and investors, while SADC neighbours are frustrated at the failure of plans to tap Inga’s hydroelectric resource

After several years of negotiations, an Emissions Reductions Purchase Agreement for 500,000 tonnes of carbon has been signed by the World Bank’s BioCarbon Fund and the director general of Congolese private company Novacel, Olivier Mushiete.

DRC’s untapped mining wealth is well known, its hydrocarbons potential less so. The government has drawn up a new hydrocarbons law, which is now going through the increasingly assertive and well-informed two-chamber parliament

President Kabila’s government is planning a new licensing round, but legislation still needs to be put in place

Toronto Stock Exchange-listed MagIndustries is finalising the entry into its capital of China’s Sinohydro Corporation, which is to take a 52.7% stake in the company. It will give Sinohydro a stake in the Canadian group’s Kouilou potash project, eucalyptus plantations and other assets in Republic of Congo (Brazzaville). It could also give essential impetus for the MagEnergy subsidiary’s projects in Democratic Republic of Congo,

The African Development Bank is committed to hydropower, reports François Misser, who met its president Donald Kaberuka and his team

A spectacular improvement in relations between DRC and Rwanda is paving the way for the much-anticipated development of regional energy projects, writes François Misser with Jon Marks

Booz gets Sonatrach engineering consultancy; KenGen to issue bond; Circlie Oil share placing; DRC-China deal amended