Friday, February 27, 2026
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

DRC government receives $155 million for agricultural program

Kinshasa, Feb 27 (Prensa Latina) The Government of the Democratic Republic of Congo (DRC) negotiated a $155 million loan with the African Development Bank (AfDB) to finance its agricultural transformation program.

Congolese Finance Minister Doudou Fwamba Likunde Li-Botayi signed the agreement, which will allocate these financial resources to the Ngandajika Agro-Industrial Park Connectivity Strengthening Project, Actualité.CD reported.

The project aims to improve the Lukalaba-Ngandajika and Nkuadi-Ngandajika-Park roads to sustainably open up the area, reduce transportation costs, facilitate trade, and create jobs, especially for young people and women.

Connectivity is considered key to the success of investments already made in governance and value chain development.

The minister stated that this is also crucial for the sustainable development of Congolese agricultural potential and the effective integration of producers into local and regional markets.

The DRC government aims to broaden the national economic base, and the agricultural sector is a strategic lever for this purpose and for food security.

abo/arm/mem/kmg

LATEST NEWS
RELATED