One billion USD investments from the United Arab Emirates to support President Felix TshisekediPar
redaction1 -
octobre 12, 2021
Still think the DRC is a risky place to do business ??
Emirates certainly do not think so.
Obe Wan hopefully they provide funding for a battery plant with Bosch in the DRC ;
High on the agenda for DRC, to value add.
Kinshasa, October 12th, 2021 (CPA) .- The United Arab Emirates have announced, on the sidelines of the state mission in this federal state, since Saturday, of President Felix Tshisekedi, the « immediate availability » of an envelope of one billion USD of investments for the benefit of the Democratic Republic of the Congo, the CPA learned from an official source. According to the source, this announcement was made by the Crown Prince of Abu Dhabi and Supreme Deputy Commander of the Emirati Armed Forces, Mohamed Ben Zayed Al-Nahyan, after more than an hour of discussions with the Head of State. Congolese.
these focused particularly on bilateral cooperation, through a win-win partnership, as well as the investment opportunities of the Emiratis in the DRC in infrastructure, energy, health, mining, security and defense, we underline. On the security front, it is further announced; the Emirates have shown a firm will to support the DRC in the fight against terrorism in the eastern part of its territory, through a donation of 30 tactical armored military vehicles.
Memoranda of understanding will be signed in Dubai by the two parties, with a view to defining the terms and conditions of use of these funds, it is said. President Tshisekedi also received on Monday a delegation from the Abu Dhabi Chamber of Commerce which expressed its willingness to develop trade with the DRC and promised to go there soon. The Head of State will participate in the sixth edition of the Global Business Forum Africa, organized in Dubai from October 13
th to 14
th, on the sidelines of Expo 2020 Dubai, by his Chamber of Commerce and Industry in partnership with Expo 2020 Dubai and placed under the theme “Transformation through Commerce”.
Visit of the Sheikh Zayed Grand Mosque
The Head of State receiving explanations from the guideIn addition, the President of the Republic visited, late Monday afternoon, on the sidelines of his state mission, the Sheikh Zayed Grand Mosque, Abu-Dhabi, the largest of the United Arab Emirates and the 9th largest in the world, named after the 1st president of this federal state. The Head of State said he was impressed, at the end of his visit, by this building erected the Emir of Abu-Dhabi to the glory of Allah, in partnership with the famous Louvre Museum in Paris, in France. The Sheikh Zayed Grand Mosque, built from 1995 to 2007 at a cost of 400 million Euros, is located in the eastern Gulf. It has an area of 22,412 square meters and a capacity to accommodate 40,000 believers.
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Support for the specifications on stability and progressThe Deputy Resident Representative of the UNDP in the DRC, Kokya Ye Dieng, in her speech, recalled the commitment made by the UNDP, during the evaluation of the first decade of implementation of decentralization in 2019, to support the specifications on stability and progress, around a mobilizing leadership and a clear vision of development beneficial to the populations. UNDP has included, in its 2020-2024 program cycle, support for the decentralization project, she said, in an integrative approach involving development planning focused on the contextualization of the SDGs and capacity building, coordination and management of public policies at all levels. “The UNDP and the United Nations Capital Development Fund (UNCDF), in collaboration with the stakeholders involved, propose to implement a range of activities aimed at strengthening the foundations of decentralization at the ETD level. The efforts undertaken have made it possible to mobilize 6.5 million US dollars from Swedish cooperation through a global financing agreement for the UNDP cooperation framework in the DRC, ”she said.
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