The World Bank has announced a USD100 million donation to boost Congo’s agriculture sector and another $100 million for micro-dams to bolster rural electricity access.
World Bank VP Makhtar Diop made the announcement at a press conference yesterday alongside Congo PM Augustin Matata Ponyo.
The announcement came at the close of a three-day visit during which Diop visited the construction site for the Inga III dam, a massive hydropower project. The World Bank granted $73.1 million to build the dam in March. The World Bank says Congo’s hydropower potential is estimated to be the world’s third-largest behind China and Russia.
Diop also visited an agro-industrial park 220km east of Kinshasa. He pledged a separate grant of $76 million to combat sexual violence.
THE BUZZ: World Bank promotes electricity access in Congo
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