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World Bank signs $500m infrastructure project for Congo's capital
KINSHASA, DRC - The World Bank on Wednesday, 12 May, signed a $500m infrastructure project with Democratic Republic of Congo to improve roads, mitigate flood risks, fight erosion and develop public spaces across the capital Kinshasa.
A Congolese man carries his shoes as he wades through floodwaters along a street after the Congo River burst its banks due to heavy rainfall in Kinshasa, Democratic Republic of Congo. Reuters/Kenny Katombe
Kinshasa is the largest French-speaking city in the world with a population of just over 17 million.
Funding for the "Kin Elenda" project will include a credit and grant of $250m each, the World Bank said.
"Kin Elenda will help change the daily lives of the people of Kinshasa through the investments it will make throughout the city," said Jean-Christophe Carret, the World Bank's country director.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/