Inauguration of re-elected President Félix Tshisekedi: The AfDB supports the development of the DRC
On Saturday January 20, 2024, re-elected President Félix Tshisekedi will be sworn into office at the Martyrs de la Pentecost stadium in Kinshasa. This major event in Congolese news will be marked by the presence of the President of the African Development Bank (AfDB), a key player in financial support for the development of the Democratic Republic of Congo (DRC).
Thanks to exemplary management at the head of the ADB, the DRC has been able to benefit from numerous financial support, particularly in the field of energy. Recently, the AfDB granted an additional envelope of $650 million to the Congolese government with the aim of stimulating the agricultural sector.
In 2021, the AfDB Board of Directors also granted a loan of $70.04 million to the DRC for the implementation of the Project to Strengthen Socio-economic Infrastructure in the Central Region (PRISE II). This financing, totaling $78.12 million, contributed to the development of projects in different key sectors of the Congolese economy.
The inauguration of Félix Tshisekedi will therefore be an opportunity to highlight the partnerships and efforts deployed by the AfDB to support the development of the DRC. The presence of the President of the AfDB at this event demonstrates the institution’s commitment to economic growth and the well-being of the Congolese.
In addition to the AfDB, nearly twenty African heads of state, as well as delegations from countries around the world, will attend this historic inauguration. This testifies to the importance of the DRC on the international scene and the hope aroused by the re-election of Félix Tshisekedi.
Beyond the event itself, this inauguration offers the opportunity to highlight the challenges facing the DRC and the development prospects for the country. Thanks to international partnerships and solid economic policies, the DRC is on the path to growth and progress, for the greatest benefit of its population.
In conclusion, the inauguration of re-elected President Félix Tshisekedi in Kinshasa will be a key moment in Congolese news. The presence of the President of the ADB testifies to the institution’s commitment to the development of the DRC. This inauguration also offers the opportunity to highlight the partnerships and efforts deployed to stimulate economic growth and improve the well-being of the Congolese.