Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Roads: Egyptian Firm Safrimex Reassured after Threatening to Stop Rehabilitation Works in DR Congo

Roads: Egyptian Firm Safrimex Reassured after Threatening to Stop Rehabilitation Works in DR Congo

Egyptian engineering firm Safrimex, contracted to rehabilitate urban roads across the Democratic Republic of Congo (DRC), has secured assurances of pending payments after days of negotiations, averting a potential work stoppage. On March 12, 2025, Venant Burume Muhigirwa, Deputy General Manager of the Office de Voirie et Drainage (OVD), confirmed that the Minister of Infrastructure and Public Works had urged the Finance Ministry to expedite payments to the company. This followed a visit by Kasaï-Oriental Governor Jean-Paul Mbuebua Kapo to Mbujimayi to inspect ongoing road modernization and erosion control projects.

The resolution came after Safrimex’s provincial director, Rida Mroue, on March 8, told Governor Kapo that cash flow constraints—exacerbated by the country’s ongoing conflict—threatened to halt operations. OVD provincial director Trésor Kashala acknowledged the company’s financial strain, noting that “in this times of war, Safrimex had sought relief from the Finance Ministry to continue work”. National deputy Tobi Kayumbi further pressured authorities by submitting a written inquiry to the Finance Minister on March 11 regarding the delayed execution of road and erosion control projects in Mbujimayi.

Safrimex, a subsidiary of Egypt’s Socimex group, has been active in the DRC since 2022 under the $138 million “Tshilejelu” program. The initiative aims to build 142 km of roads nationwide, including 25.32 km in Mbujimayi, 72 km in Kinshasa, and smaller projects in Kabinda, Lusambo, Kananga, Mwene-Ditu, and Tshikapa. By November 2024, OVD reported a 30% completion rate in Kasaï-Oriental, though progress has been complicated by the DRC’s escalating security crisis in eastern regions.

Ronsard Luabeya (intern)

 

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
dr-congo-concerned-over-us-plan-to-ban-chinese-refined-cobalt-imports
On March 24, 2025, Republican Congressman Christopher Henry Smith introduced a bill in the U.S. House of Representatives to block cobalt refined in China...
eastern-drc-conflict-u-s-demands-immediate-reopening-of-goma-airport
At the United Nations Security Council meeting on March 27, 2025, the United States called for the immediate reopening of Goma International Airport in...
uba-drc-branch-quintuples-contribution-to-group-profits-in-2024-yoy
United Bank for Africa (UBA) DRC, the Congolese subsidiary of the eponymous Lagos-based bank,  posted a net profit of 21 billion naira ($13.6...
eastern-drc-conflict-angola-steps-down-as-peace-talks-mediator
Angola is no longer mediating the talks to resolve the ongoing conflict in eastern Democratic Republic of Congo (DRC). Luanda announced its withdrawal on...

African Economies

MOST READ

Please publish modules in offcanvas position.