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DRC
Fund manager Global Infrastructure Partners wants in on Grand Inga dam project

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“Kinshasa's pan-African plans for Grand Inga”

DRC

Kinshasa's pan-African plans for Grand Inga

Although their construction is being hampered by the very scale of the project in which they figure, the huge Inga III and Inga VIII hydroelectric dams offer the prospect of being able to generate tens of thousands of megawatts of electricity. Congolese president Félix Tshisekedi, whose standing at home has been weakened by his dispute with his predecessor Joseph Kabila, is trying to position himself as the harbinger of a project capable of providing electricity for the entire African continent. To do so, he needs to find the right candidates among the hordes of investors milling at his door. [...]

The company owned by billionaire businessman Adebayo Ogunlesi is in talks with the Congolese authorities concerning a potentially huge investment in the mega-project to construct dams on the River Congo. [...]

Published on 22/06/2020 at 05:00 GMT Reading time 3 minutes

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Energy, Business

Read this article in our running story

“Kinshasa's pan-African plans for Grand Inga”

DRC

Kinshasa's pan-African plans for Grand Inga

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DRC
Adebayo Ogunlesi
Africa50
African Development Bank
African Union
Agence pour le Developpement et la Promotion du projet Grand Inga
Alexy Kayembe
BHP Billiton
Bruno Kapandji Kalala
China Power Investment
Covid-19
Development Bank of Southern Africa
Felix Tshisekedi
François Muamba
Global Infrastructure Partners
Jean-Claude Kabongo
Jim Yong Kim
Joseph Kabila
Raila Odinga
State Power Investment Corp
Terra-Gen Power
Uhuru Kenyatta
World Bank

Africa, Mauritius
Infrastructure fund Africa50 eyes continents's big investors

The African Development Bank's infrastructure platform has opened a new private fund to attract Africa's large institutional investors.

Subscribers only Infrastructure, Finance, Business 10.06.2021

DRC
AfDB wants Inga III mega-dam project put out to tender

The African Development Bank is in talks with DRC authorities over its support for one of the vast Grand Inga project hydro-electric dams and is keen to see companies compete to develop it. At stake is some $55m in financing and the bank's seal of approval.

Subscribers only Energy, Business 02.06.2021

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DRC
Adebayo Ogunlesi
Africa50
African Development Bank
African Union
Agence pour le Developpement et la Promotion du projet Grand Inga
Alexy Kayembe
BHP Billiton
Bruno Kapandji Kalala
China Power Investment
Covid-19
Development Bank of Southern Africa
Felix Tshisekedi
François Muamba
Global Infrastructure Partners
Jean-Claude Kabongo
Jim Yong Kim
Joseph Kabila
Raila Odinga
State Power Investment Corp
Terra-Gen Power
Uhuru Kenyatta
World Bank

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Kinshasa's pan-African plans for Grand Inga

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