Export-Import Bank of India (Exim Bank) has, on behalf of the government of India, extended three lines of credit totaling $83.11 million to the government of the Democratic Republic of the Congo (DRC).
The credit will be used to finance the installation of three solar PV power projects with a total capacity of 35MW in three provinces namely Karawa, Mbandaka and Lusambo.
Projects covered under the credit extended to the government of the DRC include hydroelectric power projects, power transmission and distribution projects, cement plant, hand pumps and submersible pumps installation, and solar power projects.
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Source: ESI Africa
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