Kinshasa and the European Investment Bank: a partnership for a promising future

Kinshasa, the vibrant capital of the Democratic Republic of Congo, recently hosted a particularly significant meeting between the city’s Governor, Daniel Bumba Lubaki, and a delegation from the prestigious European Investment Bank (EIB). The meeting, held on 9 November 2024, generated considerable interest among the international community and city residents, highlighting future development plans for the metropolis.

The EIB delegation, led by the dynamic Ms. Svetla Stoeva, Head of EIB Activities in Central and Southern Africa, announced strategic financial support to address the priorities of the provincial administration. Target areas include urban sanitation, mobility and the digital development of Kinshasa. These key sectors aim to improve the quality of life of citizens and strengthen the city’s economic attractiveness.

At the heart of this collaboration is the ambitious goal of improving waste management in the Congolese capital, thus providing a healthier and more sustainable environment for residents. In addition, emphasis is placed on the need to promote better fluidity of urban transport, thus helping to reduce congestion and facilitate travel within the metropolis.

Ms. Stoeva stressed the importance of this meeting as an exceptional opportunity to explore concrete avenues for the implementation of these large-scale projects. The EIB, as the world’s leading multilateral financing actor, has the necessary resources, in partnership with the European Union, to support these initiatives through targeted grants. This promising partnership paves the way for a more prosperous and sustainable future for Kinshasa, thus strengthening its role as a driver of development in Central Africa.

In conclusion, this meeting between the Governor of Kinshasa and the EIB delegation marks a crucial step in the transformation of the Congolese metropolis. It demonstrates the shared commitment to integrated, sustainable and inclusive urban development, thus placing Kinshasa on the path to excellence and prosperity for future generations.

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