On a visit to Abu Dhabi, the capital of the United Arab Emirates, President Felix Tshisekedi is holding a series of meetings with Emirati partners to attract more investment to the DRC. Targeted sectors include energy, mining, infrastructure, and security.
DR Congo's President, Felix Tshisekedi, has secured an investment of $1 billion in addition to 30 tactical armored military vehicles from the United Arab Emirates. The announcement was made by Mohamed Ben Zayed Al-Nahyane, Crown Prince of Abu Dhabi and Supreme Vice Commander of the UAE Armed Forces, following a meeting with the Congolese leader yesterday October 10.
The two officials discussed collaboration and investment opportunities in various areas, including infrastructure, energy, health, mining, and security. According to the Congolese presidency, "both parties agreed to strengthen their relations and create a win-win partnership. The Emirates have shown a strong willingness to help the DRC fight terrorism in the east.” The Congolese government is still struggling to bring peace back to that part of the country, despite the assistance of Monusco.
Since Felix Tshisekedi came to power, Kinshasa has made strong commitments to address the security crisis, while accelerating its development projects. For several months, the provinces of Ituri and North Kivu have been under siege, to put an end to the activities of armed groups. This initiative was followed by a strengthening of cooperation with the country's partners, including the U.S., to improve the capacities of the Congolese armed forces.
Jean-Marc Gogbeu (intern)
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Kinshasa metro line could launch on Nov. 27, 2027 Government finalizing studies, financing and PPP agreement Project includes seven rail lines, 173...
First place in natural robusta, third for women producers Robusta dominates output at 10,377 tonnes in 2024-2025 Cameroonian roasters won two awards...
KYA-Energy, Optima sign Côte d’Ivoire power partnership Deal targets data centre energy solutions, joint projects Move supports KYA-Energy’s regional...
Ghana suspends Burkina Faso tomato imports after Titao attack Wholesale prices jump in Accra following trade halt Imports vital as domestic output...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...