Development agreement signed for mutimillion Mass Transit system in Democratic Republic of Congo
Africa Finance Corporation (AFC) has announced an agreement with Trans Connexion Congo (TCC) to develop a 300-km railway-based mass transit system in Kinshasa, Democratic Republic of Congo.
The project will be completed in 4 phases, the 1st of which will involve replacing the entire 25 km of Kinshasa's current railway track between its central station and N'Djili International Airport.
AFC is providing an initial investment of US$3 million in order to complete the Project Development operations and bring the project to financial close as soon as Q4 2023. In addition to its role as a co-developer and investor, the Corporation is also Mandated as Lead Arranger for the Project.
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June 29, 2022
BII to invest US$200 million in African Hydropower projects
British International Investment (BII) has announced its commitment to invest US$200 million in hydropower projects across Africa.
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Private partner to develop US$550 million Kinshasa-Brazzaville bridge
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DRC tenders motorway PPP project
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April 09, 2018
DP World wins US$1 billion port project in DRC
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