China gives gift of 7.6 million USD to DRC

14 January 2011

China has granted the Democratic Republic  of the Congo (DRC) a gift of 7.6 million dollars, it was revealed Wednesday by a release from the AFP press agency.

The signature of the agreement took place during the visit by the Chinese Deputy Prime Minister, Hui Liangyu, to Kinshasa.

This gift follows an agreement between the DRC and several Chinese enterprises and will go towards the renovation or the construction of more than 6,000 km of roads, more than 3,000 km of railway tracks, two dams, several hospitals, housing and also schools.

Elsewhere, in Cameroon, a French delegation is travelling this week to Yaoundé to prepare, with the government of Cameroon, the second Debt Reduction and Development Contract, reports the newspaper Cameroon Tribune.

With a total amount of 433 million dollars, it will go to finance infrastructure projects in the domains of agriculture, fisheries, electrification and village water supplies.
 


Categories: Transport, Energy

Subscribe to our Newsletter

This week's must-sees

Interviews, article, discussions, news of the week

Each Friday, at 8PM (Paris GMT), the Infrastructure Consortium for Africa (ICA) selects for you the moments you should not miss

To subscribe: p.wolmer@afdb.org

Subscribe now

You are currently offline. Some pages or content may fail to load.