Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...

Rwanda backtracked Wednesday from an earlier claim that it had discovered its first oil reserves in Lake Kivu, saying it was still in an exploratory phase and looking for partners. Francis Kamanzi, ...

Rwanda is set to join Africa’s oil-producing nations following a significant oil discovery in Lake Kivu. According to the ...

Kamanzi: Our Lake Kivu is deeper than other lakes in the region, so we might have more oil than our neighbors Kigali, Rwanda ...

The rebels, which Rwanda denies supporting, have long been funded at least in part by the illicit mineral trade.

Rwanda announced on Wednesday its first oil discovery, confirming 13 reservoirs in Lake Kivu, which borders the Democratic Republic of Congo (DRC). “We have oil,” said Francis Kamanzi, CEO of the ...

A conflict that has raged for decades reached a flashpoint this week when rebels backed by Rwanda marched on a key Congolese ...