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Category: Infrastructural Development

Zambia Signs $110 Million Concession Agreement for Kasumbalesa Border Development and Township Roads 1 Mining in Zambia Infrastructural Development 

Zambia Signs $110 Million Concession Agreement for Kasumbalesa Border Development and Township Roads

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The Zambian government has signed a $110 million concession agreement with Ndola-based ZMart Group of Companies for the development of a One-Stop Border Post at Kasumbalesa, alongside the construction of 20 kilometers of township roads in Chililabombwe and Chingola on the Copperbelt. Attorney General Mulilo Kabesha witnessed the signing, which includes plans for a 2,000-capacity truck park, a multi-facility economic zone, a fire station, 300 shops, a hotel, and a shopping mall. The agreement was signed in Ndola by Finance and National Planning Minister Situmbeko Musokotwane, Commerce, Trade, and Industry… Read More Here
IFC’s $550 Million Investment Boosts DRC’s Energy and Infrastructure Sectors 2 Mining in DRC Economy Infrastructural Development 

IFC’s $550 Million Investment Boosts DRC’s Energy and Infrastructure Sectors

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Since 2021, the Democratic Republic of Congo (DRC) has received significant financial support totaling US$550 million from the International Finance Corporation (IFC). This funding, primarily directed toward infrastructure and energy projects, aims to foster sustainable growth and improve the daily lives of Congolese citizens. During a meeting on Thursday, November 14, 2024, Sergio Pimenta, IFC Vice-President for Africa, and Judith Tuluka Suminwa, Prime Minister of the DRC, discussed the impact of this support. According to Pimenta, the IFC’s investments have directly benefited the Congolese population by addressing critical infrastructure and… Read More Here
China State Construction Engineering to Support Kinshasa Expansion Project 3 Mining in DRC Infrastructural Development 

China State Construction Engineering to Support Kinshasa Expansion Project

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The Chinese state-owned company, China State Construction Engineering, has pledged its support for the Kinshasa city expansion project. This commitment was made during a meeting between Governor Daniel Bumba and a delegation from the firm on Tuesday, October 22, 2024, at the Hilton Hotel. This urbanization initiative aims to alleviate congestion in the Congolese capital and significantly reduce traffic and sanitation issues. The project designates 486 square kilometers for the development of a new city, representing approximately 5% of Kinshasa’s total area. Kinshasa authorities have selected China State Construction Engineering… Read More Here
Zambia Secures $50 Million from BADEA for Kalabo-Sikongo-Angola Border Road Project 4 Mining in Zambia Infrastructural Development 

Zambia Secures $50 Million from BADEA for Kalabo-Sikongo-Angola Border Road Project

Constance
Zambia has signed a cooperation agreement with the Arab Bank for Economic Development in Africa (BADEA), securing a $50 million investment for the construction of the Kalabo-Sikongo-Angola Border Road in Western Province. The agreement was formalized in Riyadh, Saudi Arabia, by Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, and BADEA President, Dr. Sidi Ould Tah. Alongside the road project, a $500,000 capacity-building initiative was also agreed upon to support the training of public officials in finance, trade, and energy development. During the signing ceremony, Dr. Musokotwane emphasized… Read More Here
Lusaka-Ndola Dual Carriageway Project Advances 5 Mining in Zambia Infrastructural Development 

Lusaka-Ndola Dual Carriageway Project Advances

Constance
The National Road Fund Agency (NRFA) and the Road Development Agency (RDA) have announced significant progress on the Lusaka-Ndola Dual Carriageway Public-Private Partnership (PPP) project. The handover of three toll gates to the Macro Ocean Investment Consortium (MOIC) is scheduled for November 30, 2024, as part of a broader agreement to upgrade the road to a dual carriageway. The toll gates to be transferred are located at Katuba (between Lusaka and Kabwe), Manyumbi (between Kabwe and Kapiri Mposhi), and Kafulafuta (between Kapiri Mposhi and Ndola). Despite the transition, NRFA Public… Read More Here
DRC Govt to Fast-Track Funding for Key Development Projects 6 Mining in DRC Infrastructural Development 

DRC Govt to Fast-Track Funding for Key Development Projects

Constance
The DRC government is set to accelerate funding for flagship development projects nationwide for the remainder of the year. This announcement was made on Wednesday by Daniel Mukoko Samba, Deputy Prime Minister and Minister of the National Economy, following an economic situation meeting with Prime Minister Judith Suminwa. Key projects include the Local Development Program for 145 Territories (PDL-145 T), focusing on rural development. This includes the construction and rehabilitation of agricultural service roads, rural water supply systems, and initiatives to promote agriculture in rural areas. “These efforts also extend… Read More Here
U.S. Invests $15.5 Million in DRC's Electricity Infrastructure Through Power Africa Initiative 7 Mining in DRC Electricity Infrastructural Development 

U.S. Invests $15.5 Million in DRC’s Electricity Infrastructure Through Power Africa Initiative

Constance
The United States has announced a $15.5 million investment to enhance electricity services in the Democratic Republic of Congo (DRC) over the next four years. This funding is part of Project Power Africa, a presidential initiative launched in 2013 to improve access to reliable electricity and support economic growth in sub-Saharan Africa. Richard Nelson, Power Africa Coordinator, shared the news during a press briefing in Kinshasa. He explained that Power Africa collaborates with local stakeholders, including government agencies, private companies, and community organizations, to implement tailored solutions for the DRC’s… Read More Here
Lusaka-Ndola Dual Carriageway Project Employs 1,747 Zambians 8 Mining in Zambia Infrastructural Development 

Lusaka-Ndola Dual Carriageway Project Employs 1,747 Zambians

Constance
The Road Development Agency has confirmed the employment of 1,747 Zambians as progress continues on the Lusaka-Ndola Dual Carriageway project. The project, led by MOIC-LN Consortium Limited, began on May 21, 2024, following a groundbreaking ceremony officiated by President Hakainde Hichilema. The initiative involves upgrading 327 kilometers of the Lusaka-Ndola Road and rehabilitating 45 kilometers of the Masangano-Fisenge-Luanshya Road under a Public-Private Partnership (PPP) Financing Model. Among the 1,747 employed, 865 are general workers, 233 are plant operators, 38 are engineers, 33 serve as administrators, and 578 are engaged in… Read More Here
DRC Prime Minister & Chinese Delegation Discuss Cooperation and Infrastructure Development 9 Mining in DRC Infrastructural Development 

DRC Prime Minister & Chinese Delegation Discuss Cooperation and Infrastructure Development

Constance
On Friday, July 19, Prime Minister Judith Suminwa met with a delegation from the Chinese Enterprise Group, the majority shareholders of Sicomines. The meeting, led by the Prime Minister, focused on enhancing Sino-Congolese bilateral cooperation and improving the business climate in the Democratic Republic of Congo (DRC). During the discussions, the Prime Minister reiterated the government’s commitment to creating a favorable environment for foreign investors. The Chinese delegation expressed its desire to maintain strong relations with the DRC and to contribute to national development through the construction of high-quality infrastructure.… Read More Here
DRC Plans to Enhance Energy and Water Supply Infrastructure 10 Mining in DRC Energy Infrastructural Development 

DRC Plans to Enhance Energy and Water Supply Infrastructure

Constance
The Democratic Republic of Congo (DRC) currently has an electrical energy capacity of 2,800 Megawatts (MW), but only 2,100 MW are utilized, according to data shared on Thursday, July 18, 2024, by Minister of Hydraulic Resources and Electricity, Teddy Lwamba Muba. The information was provided during a press briefing co-hosted with the Minister of Communication and Media, Patrick Muyaya Katembwe. Minister Lwamba outlined the government’s strategy to improve water and electricity supply, emphasizing a multi-phase approach. “The electricity sector in the DRC is growing and developing. Today, we have an… Read More Here

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