Public Management

DR Congo: UAE pledges $1bln and 30 armored vehicles to support the army

DR Congo: UAE pledges $1bln and 30 armored vehicles to support the army
Monday, 11 October 2021 19:57

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)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Burundi launched e-KORI digital platform for online tax filing, payments Project aims to boost domestic revenue, reduce reliance on foreign aid World...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.