July 18
Congo-Kinshasa: African Development Bank Group Grants $260 Million Loan to Strengthen Agricultural Sector and Value Chains
The Board of Directors of the African Development Bank Group approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the… Read more »
March 04
Congo-Kinshasa: Democratic Republic of Congo - African Development Bank to Lend $117 Million to Support Agricultural Transformation
Meeting in Abidjan on 14 February 2024, the Board of Directors of the African Development Bank Group approved a loan of $117.9 million to the Democratic Republic of Congo to… Read more »
February 22
Congo-Kinshasa: DR Congo - African Development Bank Grants $7 Million Trade Finance Guarantee Facility to Access Bank DR Congo to Support SMEs and Local Businesses
On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo. Read more »
January 30
Comoros: African Development Bank Country Gender Profiles Reveal Progress in Addressing Gender Discrimination in Comoros, Democratic Republic of Congo, South Sudan and Seychelles
African Development Bank reports on Comoros, Democratic Republic of Congo, South Sudan, and Seychelles show advances in addressing gender discrimination - despite uneven rates of… Read more »
January 26
Congo-Kinshasa: Democratic Republic of Congo - African Development Bank Presents 2023-2028 Country Strategy Paper Focused On Industrialization and Employment
The Board of Directors of the African Development Bank Group (AfDB Group) met on 17 January 2024 in Abidjan and approved the 2023-2028 Country Strategy Paper (CSP) for the… Read more »
January 23
Congo-Kinshasa: AfDB Head Adesina Backs Infrastructure Projects in Strategic Two-Day Visit to DRC
African Development Bank President Dr. Akinwumi Adesina has concluded a two-day visit to the Democratic Republic of Congo for high-level talks on accelerating strategic development… Read more »
October 12, 2023
Africa: At the DRC Agribusiness Forum, Democratic Republic of Congo Shares Its Ambition to Feed Africa and Announces $6.6 Billion in Investments in Agriculture
African Development Bank Director-General for Central Africa Serge N'Guessan and his deputy Solomane Koné, the Bank's Manager for DR Congo, actively participated in the… Read more »
March 06, 2023
Congo-Kinshasa: Democratic Republic of the Congo - African Development Bank Consults Civil Society to Assess Financial Inclusion Needs of Forcibly Displaced People.
The African Development Bank, on 28 February 2023 in Kinshasa, the Democratic Republic of the Congo, held a consultation meeting with some 20 civil society organizations to… Read more »
December 07, 2022
Congo-Kinshasa: Democratic Republic of Congo - African Development Fund Provides Grant of $12 Million to Develop the Financial Market and Drive Financial Inclusion
The African Development Bank is supporting financial sector reforms in DR Congo that will provide access to financial services for vulnerable populations in rural areas. Read more »
September 12, 2022
Congo-Kinshasa: Residents of Kasai Oriental Province in the Democratic Republic of Congo Take Ownership of Bank-Funded Drinking Water Systems
Over a one-week period, from 31 July to 7 August 2022, eleven towns in the Democratic Republic of Congo's (DRC) Kasai Oriental province took ownership of drinking water supply… Read more »
June 02, 2022
Africa: Liberia, DRC, South Sudan, Chad, Provide Lessons On Promoting Resilience in Africa
The Independent Development Evaluation (IDEV) unit at the African Development Bank has published two evaluation reports that examine the relevance, effectiveness, efficiency and… Read more »
May 21, 2022
Congo-Kinshasa: African Development Bank Support for Two Road Projects Opens Up Major Agricultural Areas in the DRC
In the early 2010s, Godelive Ngalula, a trader from Kikwit, the main town of Kwilu Province in the Democratic Republic of Congo, spent a week to travel the 350 kilometres (km) to… Read more »
November 02, 2021
Congo-Kinshasa: DRC-Africa Business Forum - Moving Africa Up the Ladder in the Battery, Electric Vehicle (Bev) and Renewable Energy Value Chain and Market
What: DRC Africa Business Forum Read more »
June 17, 2019
Congo-Kinshasa: The President of the African Development Bank Begins an Official Visit to the Democratic Republic of Congo From June 17 to 20, 2019
The President of the African Development Bank, Dr. Akinwumi Ayodeji Adesina and a delegation begin a four-day official visit to the Democratic Republic of Congo (DRC), at the… Read more »
March 27, 2019
Congo-Kinshasa: African Development Bank Approves $20 Million Facility for Green Mini-Grid Program in Democratic Republic of Congo
The African Development Bank Board has approved a $20 million facility to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities… Read more »
November 07, 2018
Africa: Kinshasa, Brazzaville Ink Landmark Bridge Project
On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed an agreement with the Democratic Republic of Congo and the Republic of Congo… Read more »
March 07, 2017
Africa: NEPAD-IPPF Approves $3.88 Million in Grants to DRC, Mozambique and Zambia for Power Interconnector Projects
The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved US $3.88 million in grants to the Governments of the Democratic Republic of Congo (DRC), Mozambique and… Read more »
October 25, 2016
Zambia: AfDB Delegation Hold Talks With Officials From Zambia and DR Congo to Identify and Address Cross-Border Trade Challenges
The African Development Bank's Zambia Field Office in conjunction with the Regional Integration and Trade Department concluded a working visit, on September 22, to Lubumbashi in… Read more »
July 07, 2016
Congo-Kinshasa: AfDB Helps DRC and Nile Equatorial Lakes Countries Increase Access to Electricity
The African Development Bank has approved a USD 11 million grant to the Democratic Republic of Congo (DRC) in support of a project to extend affordable electricity coverage within… Read more »
May 22, 2016
Congo-Kinshasa: AfDB Commits Eur 52 Million to the Republic of Congo for Broadband and E-Services Development
On Wednesday, May 18, 2016, the Board of Directors of the African Development Bank Group (AfDB) approved a EUR 52.04-million loan to the Government of the Republic of Congo to help… Read more »
December 29, 2015
Africa: AfDB Approves Ruzizi III Hydropower Plant Project, Bringing Green Energy to Burundi, DRC and Rwanda
The African Development Bank (AfDB) Group, on December 16, 2015 in Abidjan, formally approved US$ 138 million of loans and grants to finance the Ruzizi III Hydropower Plant… Read more »
December 18, 2015
Africa: AfDB Approves Regional Hydropower Ppp to Increase Electricity Supply and Integration in Burundi, DRC, Rwanda
The African Development Bank Group approved today USD 138 million[1] of loans and grants toward a project which will help develop the energy sector in Burundi, the Democratic… Read more »
November 04, 2015
Africa: Curtain Falls On 10th African Economic Conference in Kinshasa
Leaving no one behind in the development agenda will require taking bold steps by African governments including strengthening the role of state in economic transformation to… Read more »
November 03, 2015
Africa: Strong Leadership and Good Governance, Two Essentials for Reductions in Poverty and Inequalities - Ponyo
On Monday, November 2 at the third plenary session of the African Economic Conference (AEC) in Kinshasa, the Prime Minister of the Democratic Republic of the Congo (DRC), Augustin… Read more »
Africa: Experts Call for Better Policies to Promote Income Distribution in Africa
Economists have called for better policies to promote income distribution in Africa at the ongoing the 10th edition of the African Economic Conference, titled Addressing Poverty… Read more »