Sce container sol DR Congo

Will the UK invest $35 million in a new container port in DRC?

British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the first phase of a new container port in DRC. The DRC is Africa’s second largest country and the fourth most populous on the continent.

What will the new DRC port do?

The new port will serve as the single maritime gateway for all containerised imports and exports in the DRC, providing the country with logistical independence and ensuring sovereignty over its foreign trade.

Why should the DRC build a port of banana?

As the single maritime window for all containerised goods transported by sea in the DRC, the port will provide the country with logistical independence and ensure sovereignty over its foreign trade. The Port of Banana will greatly improve economic welfare for the lowest-earning rural households in the DRC.

How will DRC's economic development impact the economy?

Its development will enable the creation of approximately 85,000 jobs and c. $1.12bn in additional trade and $429m in increased economic outlook – equivalent to a 0.65 per cent increase in the DRC’s GDP, according to an evaluation commissioned by BII.

What are the major exports of Congo?

Its mining sector, however, has been driving the economy with copper, cobalt, gold, coltan, tin, zinc and diamond as among its major exports. Diamonds account for about 10 percent of the country’s revenue. Matadi is the most important port on the Congo River.