Despite a loss of $78 billion, Kinshasa is still not taking a firm stance on the controversial oil blocks managed by Angola
A confidential report, funded by the World Bank and submitted to President Félix Tshisekedi’s office, suggests that Angola has greatly benefited from oil blocks that are located in a maritime zone that Kinshasa may have a claim to.
The report indicates that Angola has gained significant profits from the oil blocks located in the disputed maritime zone, which could potentially belong to Kinshasa. Despite this, Kinshasa has not taken a firm stance on the matter, which has caused concern among experts and citizens. Many are calling for the government to take action and protect the country’s interests.
The issue of the disputed maritime zone has been a point of contention between Angola and the Democratic Republic of Congo (DRC) for several years. In 2018, the International Court of Justice ruled that a portion of the zone belongs to the DRC, but the exact boundaries have yet to be determined. The current situation is complicated by the fact that the oil blocks in question are already being exploited by Angola.
The report funded by the World Bank highlights the importance of addressing this issue, as the potential loss of revenue for the DRC is significant. It is unclear what actions Kinshasa will take in response to the report’s findings.
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