The Republic of Congo’s predominant natural resources are Petroleum, timber, iron ore, potash, zinc, uranium, phosphates, natural gas and hydropower. Oil dominates the economy and in 2010 oil made up 88% of total export proceeds and was estimated to make up 72% of public revenue.
EITI status: Candidate Country
Visit Congo-Brazzaville’s EITI page
21 March 2013 – PWYP Congo issued this press release as Congo-B became an EITI compliant country.
Last Update 10.06.10
The Congo Brazzaville PWYP coalition made important progress in their efforts to spur on EITI implementation in the country. Recent activities at national level have included: meetings with several foreign embassies, generating increased levels of media interest about the on-going Validation process; reporting regularly to the national Bishops’ conference to engage churches in the issue; and ongoing lobbying within the national EITI structures.
At a more local level, the coalition has been involved in organizing awareness campaigns in partnership with Caritas France, Misereor (Germany) and National Endowment for Democracy, among communities in Kouilou, Niari, Bouenza and Brazzaville. These community-level campaigns have sought to reach out to traditional authorities, priests and trade unionists – as well as others. In addition, PWYP-Congo has been working with teachers to increase understanding of the EITI within schools.
EITI Validation in Congo is currently well under way, and the country was recently granted an extension by the EITI Board. The country’s first reconciliation report was published in August 2009 and a second report, as well as the Validation report are being prepared.
In addition, a regional EITI network for central Africa appears now to be taking shape. Exchange missions to Cameroon and Chad have already taken place.
In the coming weeks, PWYP-Congo will hold a meeting for its members, in order to reflect on the scope of the coalition’s current activities. Now that wider public awareness is growing, the coalition would like to take a more in-depth focus on a few topics – for example contract and budget transparency. The coalition has already developed strong expertise in some areas: for example, when an Italian oil company, ENI, signed a contract with the Congolese government to extract tar sand in the Congo Basin (host to the second largest tropical forest in the world), the coalition published a report on the exploitation of tar sand in Congo.