Browsing: Democratic Republic of Congo (DRC)

Bloomberg Philanthropies $40 million COVID-19 Initiative

Since Bloomberg Philanthropies launched its $40 million COVID-19 Global Response Initiative three months ago, 31 African countries have been able to expand their public health efforts to minimize the impact of the pandemic.

The Bloomberg Philanthropies initiative which is in partnership with Resolve to Save Lives is also supporting the 31 countries in building public health systems to help them better respond to epidemics that might occur in the future.

“While many of the countries that were hit earliest by COVID-19 have seen their cases peak, many countries in Africa are just beginning to see a rapid increase in infections. That’s why Bloomberg Philanthropies is supporting efforts to strengthen the response across the continent, including training health care workers, expanding lab capacity, and bolstering public health systems. This urgently important work will reduce the burden on already overwhelmed health systems and save lives, especially in the most vulnerable communities,” said …

DRC welcomes General Electric infrastructure agreement

The Democratic Republic of the Congo (DRC ) and General Electric (GE) announced the signing of a Memorandum of Understanding (MoU) in infrastructure projects that will see the increase in health modernisation programmes and the supply of electric energy.

Under the MoU, General Electric will work with the government of DRC to look into power solutions that will increase electricity in the country’s power grid and benefit thousands of homes.

General Electric will also work with the ministry of health for the modernisation of the Congo’s health system at the primary, secondary and tertiary levels. It will look into the infrastructures and equipment for maternal and child health, oncology and cardiology.

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According to the agreement, there will be focus on training and capacity building of local talent for the sustainability of the initiatives.

“Partnership with governments …

Uganda, DRC settle on trade and roads deal

Uganda and the Democratic Republic of Congo (DRC) plan to jointly construct 1,200 kilometres of roads.

Uganda’s President Yoweri Museveni and DRC President Felix Tshisekedi signed the agreement at the first Joint Business Forum held at the Speke Resort Munyonyo in Kampala. The aim of the forum was to promote bilateral trade, investment and connectivity between the two countries.

The project is set to ease the movement of goods and people, bilateral trade and investment between the two countries.

The project includes 24 kilometres Bunagana-Goma road up to Rutshuru in DRC, a 180 kilometres road from Goli in northern Uganda to Beni and 977 kilometres road from Mpondwe border post in western Uganda to Beni in DRC.

Also Read: DRC tops informal trade scale with Rwanda

Official trade data cited by Uganda’s Foreign Affairs Minister Sam Kutesa during the forum launch showed that DR Congo is one of the key …

How Aga Khan and UK are building renewable energy in East and Central Africa

UK’s Department for International Development (DFID) run and managed CDC, the mission is to support the building of businesses throughout Africa and South Asia, to create jobs, and to make a lasting difference to people’s lives in some of the world’s poorest places.

The public limited company has been working with various entities in the continent to develop structures for harnessing renewable energy in East Africa. This has been necessitated by the rising energy needs in the region as well as need for cleaner green energy worldwide.

In 2017, CDC invested in a joint venture alongside the Aga Khan Fund for Economic Development (AKFED) and Industrial Promotion Services (IPS) to develop and finance power projects in sub-Saharan Africa, mobilizing project funding of over US$ 1billion.

The platform’s flagship development project is the creation of the 147 MW Ruzizi III hydropower project to be located in the Great Lakes region (Rwanda, …