World Bank to fund $900 million development projects in E. Congo
Democratic republic of Congo President Felix Tshisekedi addresses the crowd as his wife Denise Nyakeru Tshisekedi (L) looks on during a ceremony at the National Assembly in Kinshasa, June 8, 2022 (AFP Photo)


The World Bank and Congo have signed two funding conventions worth $900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country, the Bank said in a statement.

The projects will focus on Congo's central west Kasai province and the eastern regions.

"These operations supplement a portfolio of operations focused on reinforcing human capital and protecting the poorest households – including women – against socio-economic hazards," World Bank Congo Director said in a statement dated Tuesday but seen by Reuters on Wednesday.

The deal was clinched at the end of a two-day visit to Congo by the World Bank's strategy and operations director for East and Central Africa, Humberto Lopez