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DRC
Kinshasa woos Cairo and Emirati banks for its infrastructure projects

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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. [...]

During a 15-23 September trip to Egypt made at Cairo's invitation, a large delegation of Congolese officials discussed the financing of several projects for power plants, a port, and a road in the DRC. [...]

Published on 25/09/2020 at 06:00 GMT Reading time 2 minutes

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Infrastructure, Diplomacy

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
Abdel Fattah al Sisi
African Export-Import Bank
Commercial International Bank
Covid-19
David Mukeba Kalengay
EG Bank
Emirates NDB
Felix Tshisekedi
GIG Egypt
Hassan Allam
Jean-Claude Kabongo
John Kanyoni
Marcellin Bilomba
Misr
Mohamed Ahmed Chaker
Nicole Bwatshia Ntumba
Samcrete

DRC
Samcrete mulls arbitration against Kinshasa over stalled road project

The asphalting of the road between Mbuji-Mayi and Kananga, due to be completed before next month's presidential election, has been delayed by the blocking of funding and of materials. The Egyptian firm contracted to do the job has accused the authorities of trying to torpedo the project.

Subscribers only Infrastructure 16.11.2023

DRC
Kinshasa negotiates $200m loan for Mbuji-Mayi-Kananga road

President Félix Tshisekedi has been involved in the discussions with Afreximbank for the financing of a project to build two roads, including a section of 188 km, in central DR Congo.

Subscribers only Infrastructure, Finance 29.03.2023

Madagascar
Egypt's EGAAD consortium to build new motorway and invest in local medicine production

EGAAD director general Reda Boulos is carrying out new projects in Madagascar. His group is to take part in the construction of a new motorway between Antananarivo and the port of Toamasina, and negotiating to set up a PPP to invest in the Pharmalagasy pharmaceuticals plant.

Subscribers only Infrastructure, Business 21.11.2022

DRC
Equity Bank and Sofibanque to fund Egyptian firm Hassan Allam's projects

The government has obtained the backing of the two Congolese banks for three infrastructure projects it plans to realise in the central part of the country. The work will be carried out by Egyptian construction company Hassan Allam.

Subscribers only Infrastructure, Business 19.08.2021

DRC, Egypt
Billionaire Naguib Sawiris goes prospecting in DRC

With his gold operations expanding but his media business struggling, Sawiris was in Kinshasa in late May to cultivate his relations with the ministers of mines and communications.

Subscribers only Mining, Business 28.05.2021

DRC
Kinshasa seeks an extra 30 MW in the West

Experts from ANSER, the brand new national electrification and rural energy services agency, are this year due to visit the western provinces of Kwango, Kwilu and Mai-Ndombe, as well as the outskirts of Kinshasa.

Subscribers only Energy, Business 13.04.2021

Egypt, Guinea
Guinea's foreign minister in Cairo to discuss Fomi dam

Guinea's foreign affairs minister Ibrahima Kalil Kaba to travel to Egypt this weekend to discuss plans for the future 90MW hydropower plant at Fomi.

Subscribers only Energy, Diplomacy 12.03.2021

In Focus | DRC
Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

As well as being the DRC's ambassador to the business world, Felix Tshisekedi's influential special adviser is careful to take care of his own oil product trading interests. In this area, he relies on the close links he has forged with members of the Sassou Nguesso family.

Subscribers only Politics, Business 01.03.2021

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DRC
Abdel Fattah al Sisi
African Export-Import Bank
Commercial International Bank
Covid-19
David Mukeba Kalengay
EG Bank
Emirates NDB
Felix Tshisekedi
GIG Egypt
Hassan Allam
Jean-Claude Kabongo
John Kanyoni
Marcellin Bilomba
Misr
Mohamed Ahmed Chaker
Nicole Bwatshia Ntumba
Samcrete

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DRC
Kinshasa woos Cairo and Emirati banks for its infrastructure projects

Kinshasa's pan-African plans for Grand Inga

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Kinshasa's pan-African plans for Grand Inga

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DRC Kinshasa woos Cairo and Emirati banks for its infrastructure projects

Kinshasa's pan-African plans for Grand Inga

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Kinshasa's pan-African plans for Grand Inga

Set up email notifications for these topics

DRC Samcrete mulls arbitration against Kinshasa over stalled road project

DRC Kinshasa negotiates $200m loan for Mbuji-Mayi-Kananga road

Madagascar Egypt's EGAAD consortium to build new motorway and invest in local medicine production

DRC Equity Bank and Sofibanque to fund Egyptian firm Hassan Allam's projects

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DRC Kinshasa seeks an extra 30 MW in the West

Egypt, Guinea Guinea's foreign minister in Cairo to discuss Fomi dam

In Focus | DRC Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

DRC, Egypt Egyptian construction giants' bumper crop of contacts

DRC Kinshasa calls on India to relaunch Grand Katende power station

DRC Eranove scoops solar farm contract worth at least $110m

Inner circles | DRC Incoming African Union chair Tshisekedi sets up his management team

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About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

DRC
Kinshasa woos Cairo and Emirati banks for its infrastructure projects

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Samcrete mulls arbitration against Kinshasa over stalled road project

DRC
Kinshasa negotiates $200m loan for Mbuji-Mayi-Kananga road

Madagascar
Egypt's EGAAD consortium to build new motorway and invest in local medicine production

DRC
Equity Bank and Sofibanque to fund Egyptian firm Hassan Allam's projects

DRC, Egypt
Billionaire Naguib Sawiris goes prospecting in DRC

DRC
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Guinea's foreign minister in Cairo to discuss Fomi dam

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Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

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