AfDB sets out DR Congo country strategy



Issue 259 - 26 Jul 2013 | 1 minute read

The African Development Bank (AfDB) has set out its latest policy towards Democratic Republic of Congo in a 2013-17 Country Strategy Paper released on 18 July, which places a heavy emphasis on developing hydroelectric power and other renewables, for domestic and regional consumption. The AfDB said it “continues to play the lead role among the donors for the Inga 3 Project by strengthening co-ordination of [technical and financial partner] TFP contributions and the financing of supplementary studies and major capacity building and advisory needs related to the structuring of the Inga site development in the form of a [public/private partnership] PPP”.

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