DRC to Issue First-Ever $1.5 Billion Eurobond to Finance Infrastructure and Boost Connectivity
Democratic Republic of Congo Launches $1.5B Eurobond to Fund Infrastructure and Drive Growth
The Democratic Republic of Congo (DRC) will issue its first-ever Eurobond worth $1.5 billion, the Ministry of Finance announced on Friday.
The bond aims to finance priority infrastructure projects and enhance national connectivity in line with the government’s 2024–2028 Action Program.
A Eurobond is a debt instrument issued on international financial markets in hard currency—typically U.S. dollars—to attract foreign investors.
In exchange, the issuing country commits to repaying the capital, plus interest, over an agreed period.
According to the Finance Ministry, the issuance is supported by favorable economic indicators: inflation contained at 7.8%, a modest 1.1% depreciation of the Congolese franc in the first seven months of 2025, and projected economic growth of 5.3% for the year.
The DRC also holds sovereign credit ratings of B- from Standard & Poor’s and B3 from Moody’s, both with a stable outlook. While still classified as speculative-grade debt, these ratings provide reassurance for international investors considering exposure to the country.
The government indicated that the bond issuance could be finalized before June 30, 2026. Proceeds will be directed toward accelerating economic reforms, developing nationally significant infrastructure, and fostering what authorities describe as “inclusive, diversified, and sustainable” growth.
