US advances investment push in DR Congo, eyes critical minerals, transport infrastructure

Source: News โ€“ Capital FMBy BRUHAN MAKONG👁 3 views

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NAIROBI, Kenya, Nov 7-The United States and the Democratic Republic of Congo (DRC) are advancing plans to expand American investment in the Central African country, with critical minerals, hydropower and regional transport infrastructure emerging as key areas of cooperation under their Strategic Partnership Agreement.

The two governments held the second meeting of the Joint Steering Committee (JSC) in Paris on Friday, reviewing progress on the agreement and identifying investment opportunities for American companies.

A joint statement released by the US Department of State said the US International Development Finance Corporation (DFC) had briefed the meeting on its growing investment pipeline in the DRC, while American private-sector interest in the country’s Strategic Asset Reserve (SAR) was also increasing.


Author: BRUHAN MAKONG
Source: News โ€“ Capital FM

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