AfDB Urges Political Coordination for Inga 3 Dam Construction in the DRC
The African Development Bank (AfDB) is calling for increased political coordination to kickstart the construction of the Inga 3 dam in the Democratic Republic of Congo (DRC), emphasized by AfDB Group President Dr. Akinwumi Adesina.
The Inga 3 dam project holds the potential to supply power to between 12 to 15 central and southern African countries, offering a possible solution to South Africa’s energy deficit.
Securing financing for this venture, including contributions from various banks such as the AfDB, has been under discussion.
Adesina highlighted the significance of addressing South Africa’s energy challenges, despite being Africa’s largest industrialized economy.
These challenges have led to a decline in industrial output, GDP contraction, and hindered job creation, impacting not only South Africa but the entire region.
