The Mineral Industry Of Other East African Countries - Burundi

Exports of agricultural products, mostly coffee, continued to account for more than 90% of Burundi's foreign exchange revenue. The country's ban on commercial mining was lifted in 1987. Mining of peat for fuel, limestone for agriculture, and clay for insecticides continued as in previous years. At yearend, Burundi's external debt stood at almost $700 million.2 Amoco Burundi, a subsidiary of the Amoco Petroleum Co., drilled two exploration wells in northern Lake Tanganyika in 1987. No oil was found, but preliminary findings were encouraging enough that further seismic surveys and offshore and onshore drilling exploration were planned in 1988. Any oil or gas finds would have substantial impact on the Burundian economy because a major portion of the country's trade deficit was directly attributable to petroleum and gas imports. The Zaire Government agreed in June to let Amoco Burundi explore Zaire's side of Tanganyika using the same equipment and personnel being used in Burundi.