KINSHASA, Congo — The World Bank has announced a $100-million donation to boost Congo’s agriculture sector and another $100-million for micro-dams to bolster rural electricity access.
World Bank Vice President Makhtar Diop made the announcement at a press conference Sunday alongside Congo Prime Minister 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 135 miles (220 kilometers) east of Kinshasa. He pledged a separate grant of $76 million to combat sexual violence.
RELATED STORIES
World Bank hails PH as next Asian miracle
PH a leader in climate conversation—WB exec