Economy - 3 October 2025
DRC: Félix Tshisekedi welcomes the World Bank's approval of a $250 million loan for Inga 3
Kinshasa, October 9, 2025 - During his visit to Brussels, Congolese President Félix Tshisekedi met with Ajaypal Singh Banga, President of the World Bank Group, to discuss economic cooperation between the Democratic Republic of Congo (DRC) and the World Bank. On this occasion, he expressed his gratitude to the World Bank for its continued support to the DRC.
He particularly welcomed the World Bank Board of Directors' recent approval of a US$250 million credit under the International Development Association (IDA), representing the first phase of a US$1 billion programme dedicated to the development of the Inga 3 hydroelectric project. This programme aims to improve the living conditions of more than one million people in the province of Kongo Central.
President Tshisekedi reaffirmed his government's commitment to ensuring transparent and accountable governance in the implementation of this strategic project for the country's energy development.
Related reading
Economy - 2 November 2026
DRC cobalt and copper: what is operational on the copperbelt - and what remains announced in Kinshasa and Brussels
Kolwezi and Lubumbashi, through 30 October 2026 - Africa Insight desk reporting on running but fragile artisanal formalisation, uneven grid relief, and the gap between traceability enforcement and legal outlets for…
By Jeff Buleli - 10 min read
Economy - 31 August 2026
Rwanda Reclaims Undeveloped Industrial Plots To Improve Land Use
Kigali, August 31, 2026 - Rwanda reclaimed 15 additional industrial plots from investors that failed to develop them within agreed timelines, reinforcing the government's push to ensure scarce industrial land is put to…
By Jean-Marc Okito - 2 min read
Economy - 31 August 2026
High Costs And Information Gaps Slow Solar Uptake Among Farmers
Kampala, August 31, 2026 - High upfront costs and limited information are holding back adoption of solar technologies among Uganda's smallholder farmers, constraining productivity and post-harvest management.
By Jean-Marc Okito - 3 min read