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World Bank Wants to Speed Up its Projects in DR Congo

World Bank Wants to Speed Up its Projects in DR Congo

On October 14, 2024, Anna Bjerde, the World Bank's Managing Director of Operations, finished a four-day visit to the Democratic Republic of Congo (DRC). During her trip, she reviewed the World Bank's projects in the country. "The World Bank is implementing 22 projects in the DRC, with an investment of around $7.3 billion. We have the opportunity to accelerate these investments to achieve rapid results," she said after meeting with top officials, including President Félix Antoine Tshisekedi and Prime Minister Judith Suminwa.

Bjerde did not share details about the progress of these projects or any challenges faced during their implementation. She also did not mention the necessary solutions to speed things up.

The World Bank's work in the DRC focuses on important areas like economic management, governance, private sector development, human capital (health, education, social protection), and sustainable development (infrastructure, agriculture, food security, electricity, and water).

Recently, the World Bank announced a billion-dollar investment in the Inga 3 hydroelectric dam project (11,000 MW), which is a key priority for the DRC. It also plans to invest $510 million in a digital transformation project starting in February 2025.

"We are very impressed by the success of the free basic education policy in the DRC," Bjerde said. A few weeks ago, Kinshasa announced it would eliminate all school fees in public primary schools. This change is expected to help 3.5 million children about 26.7% of elementary school-age kids attend school.

Olivier de Souza

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