Letter from PWYP representatives to Mr. Emmanuel Mbi, World Bank Director for the Greak Lakes Region, regarding the meeting of donors to Congo Brazzaville (Paris, 14 September 2004) and the World Bank press release on the participation of Congo Brazzaville in the Extractive Industries Transparency Initiaitive.
Substantial amounts of oil have been discovered in the Albertine graben and there is potential for discovery of more oil deposits in other parts of the country. Oil exploitation will generate very large and sudden revenue inflows, yet oil and gas administrative and financial systems are ill-equipped to handle such flows.
The Publish What You Pay Nigeria Campaign welcomes the visit of the IMF Managing Director Mr. Rodrigo de Rato to Africa. During the trip to Africa, Mr. Rodrigo de Rato is expected to visit Nigeria, Gabon and Ugandan to meet with government and Civil Society representatives.