Washington — The World Bank approved financing in the amount of $500 million for the Kinshasa Multisector Development and Urban Resilience Project, known as Kin Elenda, which means Sustainable and Resilient Kinshasa. The financing, provided by the International Development Association* (IDA), will strengthen institutional capacity for urban management and improve access to infrastructure and services and socio-economic opportunities in Kinshasa, the Democratic Republic of Congo.
"Kin Elenda will help address issues related to a lack of access to basic services in urban neighborhoods, socio-economic exclusion, and exposure to climate-related shocks, which already affect Kinshasa and pose risks to sustainable urban development," affirms Jean-Christophe Carret, World Bank Country Director for the Democratic Republic of Congo, Burundi, Angola and São Tomé and Príncipe.
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