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DRC

AfDB wants Inga III mega-dam project put out to tender

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“Kinshasa's pan-African plans for Grand Inga”

DRC

Kinshasa's pan-African plans for Grand Inga

Although their construction is being hampered by the very scale of the project in which they figure, the huge Inga III and Inga VIII hydroelectric dams offer the prospect of being able to generate tens of thousands of megawatts of electricity. Congolese president Félix Tshisekedi, whose standing at home has been weakened by his dispute with his predecessor Joseph Kabila, is trying to position himself as the harbinger of a project capable of providing electricity for the entire African continent. To do so, he needs to find the right candidates among the hordes of investors milling at his door. [...]

The African Development Bank is in talks with DRC authorities over its support for one of the vast Grand Inga project hydro-electric dams and is keen to see companies compete to develop it. At stake is some $55m in financing and the bank's seal of approval. [...] (316 words)

Issue dated 02/06/2021 Reading time 2 minutes

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Energy Business

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Former British Prime Minister Tony Blair. © Henry Nicholls/Reuters

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DRC President Félix Tshisekedi. © Gao Junya/Xinhua News Agency/Newscom/MaxPPP

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AfDB wants Inga III mega-dam project put out to tender