diplomacy&development

Defence Minister Kabanda promised that within one month, more Congolese troops will be deployed to the villages where the IDPs had fled. The United Nations will work together with the authorities in the Democratic Republic of Congo (DRC), as well as other partners, in ensuring security in the eastern part of the country, said Jean-Pierre Lacroix, the UN’s top peacekeeping official.  He was speaking in Goma, the capital of North Kivu province, on the first day of his visit to the country, representing the Secretary-General, António Guterres.  Mr. Lacroix held different discussions with provincial authorities of Ituri and North Kivu and reiterated the need for the international community and other regional partners to support the DRC in providing security for the displaced people, including in Ituri province where recurring attacks from the CODECO militias in Djugu territory have left hundreds of people dead and thousands internally displaced.  Local security is a top prior...

The government’s stabilization efforts are a key pillar of this CPF. The World Bank Group Board of Executive Directors endorsed a new Country Partnership Framework (CPF) for the period of 2022-2026 in support of stabilization and development in the Democratic Republic of Congo (DRC). This CPF will guide the Bank Group’s work for the next five years, supporting the DRC government’s strategic priorities and critical governance reforms. The new CPF places strong emphasis on human development, with a commitment to strengthening systems for improved access and quality of basic services, protecting DRC’s large rainforest—the second largest in the world, strengthening governance, and supporting ongoing stabilization efforts. The DRC continues to experience conflict and violence; three out of four people live in poverty, and the number of poor is on the rise. Poverty reduction is hampered by high population growth, frail and volatile economic growth, and weak governance that preclude the count...

•  Solas Sustainable Energy Fund ICAV (SSEF), a fund advised by Solas Capital AG, reaches its first close with €140 million, including a €30 million commitment by the European Investment Bank •  The fund has a target size of €200 million and will provide debt financing to energy service companies to carry out energy efficiency and small renewable energy projects, mainly in the European Union • SSEF is classified as Article 9 or “Dark Green”, the highest classification under the European Union’s new Sustainable Finance Disclosure Regulation • The EIB investment is supported by the European Fund for Strategic Investments (EFSI) The Solas Sustainable Energy Fund ICAV, a new EU-focused fund targeting energy efficiency investments, has reached its first close with €140 million. The European Investment Bank (EIB) committed a €30 million cornerstone investment to SSEF, backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. As ...

• Kosovo Delegation visited the Bank’s headquarters in Luxemburg to meet with VP Lilyana Pavlova • The EIB is ready to increase its support to Kosovo and the Western Balkans under the European Union’s Economic and Investment Plan • Since the start of the pandemic in 2020, the EU bank has unlocked €70 million for Kosovo to accelerate recovery from the COVID-19 pandemic and improve wastewater infrastructure. The European Investment Bank (EIB) delegation led by Vice-President Lilyana Pavlova met with Kosovo’s Minister of Finance, Labour and Transfers Hekuran Murati at the Bank’s headquarters in Luxemburg for talks on sustainable development and regional integration of Kosovo. As a long-standing partner of Kosovo, the EIB is firmly committed to support Kosovo in developing energy, transportation, healthcare and environment sectors of its economy. Delegations reaffirmed their willingness to strengthen the cooperation and maximize the financial and technical assistance available under the Eu...

This partnership comes as a milestone for the two entities whose vision is to promote the MSGBC Basin’s attractiveness to international investors.   Senegal’s national oil and gas company has signed a development and cooperation agreement with Africa’s leading investment platform for the energy sector ECP is responsible for the organization of the MSGBC Oil, Gas & Power Conference & Exhibition, developed under the patronage of H.E. Macky Sall, President of the Republic of Senegal.ECP will, from now on, be integrated in an event committee led by Petrosen, that will allow further collaboration in the organization of the MSGBC Oil, Gas & Power Conference & Exhibition as well as other initiatives.The new agreement will see Energy Capital & Power (ECP) build a deeper relationship with the NOC, participating in a number of initiatives to promote the country’s energy sector throughout the year. Energy Capital & Power, Africa’s leading investment platform for the en...

Ce partenariat constitue une étape importante pour les deux entités dont la vision est de promouvoir l’attractivité du bassin MSGBC auprès des investisseurs internationaux. La compagnie pétrolière et gazière du Sénégal a signé un accord de développement et de coopération avec la principale plateforme d’investissement dans le secteur de l’énergie en Afrique. ECP est responsable de l'organisation de la conférence-exposition MSGBC Oil, Gas & Power, développée sous le patronage de S.E. Macky Sall, Président de la République du Sénégal.ECP sera désormais intégré dans un comité d'événement dirigé par Petrosen, ce qui permettra une collaboration plus poussée dans l’organisation de la conférence-exposition MSGBC Oil, Gas & Power ainsi que d’autres initiatives.Ce nouvel accord permettra à Energy Capital & Power (ECP) d'approfondir ses relations avec la CPN et de participer à un certain nombre d'initiatives visant à promouvoir le secteur énergétique du pays tout au lo...

The President of Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo standing alongside with his Turkish counterpart, President Recep Tayyip Erdogan The President of Democratic Republic  of Congo , Félix-Antoine Tshisekedi Tshilombo received, this Sunday at the Palais de la Nation in Kinshasa, his Turkish counterpart, President Recep Tayyip Erdogan, currently on an official visit to the DRC at the head of a strong delegation. The President of Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo in discussion with his Turkish counterpart, President Recep Tayyip Erdogan The two Heads of State had a face-to-face meeting followed by a working session extended to their respective delegations including ministers and business leaders. Turkish President Recep Tayyip Erdogan The two Heads of State had a face-to-face meeting followed by a working session extended to their respective delegations including ministers and business leaders. DRC President, Félix-Antoine Ts...