Prime Minister Adolphe Muzito signed a $42 million loan agreement with India on Thursday for the construction of the Kakobola dam in Bandundu Province.
The Indian ambassador to the DRC, Devendra Srivastava, hailed the excellent state of relations between Congo and India, as demonstrated with the funding for the Kakobola dam and two other projects worth $33.5 million to build water supplies to rural areas.
Srivastava said that India wants to work with the DRC and intends to increase its presence in the country by funding other projects.
The Minister of Energy, Gilbert Tshiongo, said that obtaining financing for these projects responds to the desire of President Joseph Kabila to improve the DRC's water and electric supplies.
Tshiongo noted that providing electric power to Gungu and Idiofa will enable the city of Kikwit to play its full role as the economic capital of the province.
On the web: Congo News Agency | Form ACP article
Related articles
- • Felix Tshisekedi Sworn In as DR Congo President (January 24, 2019)
- • Constitutional Court Declares Tshisekedi Winner of Presidential Election (January 19, 2019)
- • Felix Tshisekedi Vows to Be the President of All Congolese (January 10, 2019)
- • Felix Tshisekedi Elected DR Congo President (January 10, 2019)
- • DR Congo Delays Results of December Election (January 6, 2019)
- • Bemba, Katumbi renew their support for joint opposition presidential candidate Fayulu (November 16, 2018)
- • Oppositioin leaders pick Martin Fayulu as joint presidential candidate (November 11, 2018)
- • Botswana Urges Joseph Kabila to Step Down (February 26, 2018)
- • No elections in DR Congo in December without electronic voting machines: INEC (February 13, 2018)
- • US Warns DR Congo Against Electronic Voting for Delayed Election (February 12, 2018)
- • Felix Tshisekedi accuses INEC of illegally prolonging Kabila's mandate (October 24, 2017)
- • DRC Seeks Arrest of Presidential Candidate Moise Katumbi (May 19, 2016)
- • Papa Wemba Is Buried in Kinshasa (May 4, 2016)
- • Papa Wemba Awarded Highest National Honor as Thousands Pay Tribute (May 2, 2016)
- • Rights Groups: DR Congo Must Free Pro-democracy Activists (April 13, 2015)
- • Police Open Fire on Crowd Protesting Election Law Change (January 19, 2015)
- • Etienne Tshisekedi Evacuated to Belgium for Medical Treatment (August 16, 2014)
- • Kerry Calls on Kabila to Honor Constitution (May 4, 2014)
- • Kerry in DR Congo for Security Talks (May 3, 2014)
- • DR Congo Takes Chairmanship of COMESA at Summit in Kinshasa (February 26, 2014)
- • DR Congo Honors Nelson Mandela, Hero and Model for Humanity (December 6, 2013)
- • Kabila Congratulates Congo Army for Defeating M23 Rebels (October 30, 2013)
- • DR Congo Eases Process for Starting a New Business (June 3, 2013)
- • Regional Leaders Sign DR Congo Peace Deal (February 24, 2013)
- • The M23 Rebels Want to Overthrow Kabila? Nonsense (November 28, 2012)
- • Protests Against M23 Rebels, Government and UN Spread (November 22, 2012)
- • Thousands Protest M23 Capture of Goma, Turn on Government and UN (November 21, 2012)
- • DR Congo Officials Vow to Defend Goma Against M23 Rebels (November 19, 2012)
- • At high-level meeting, Ban urges political solution to crisis in eastern DR Congo (September 27, 2012)
- • US Cuts Military Aid to Rwanda Over Support to Rebels in DR Congo (July 21, 2012)
Tags: |
