The Democratic Republic of Congo is seeking investor participation in $12 bln of power projects over the next five years to ease electricity shortages that are constraining growth, the national power utility said. Projects cover generation, transmission and distribution, including development of the Inga hydro complex — which could exceed 40,000 MW and become the largest facility of its kind — alongside other grid infrastructure. The utility said mining sector expansion is driving strong investo

2026-11-05

The Democratic Republic of Congo is seeking investor participation in $12 bln of power projects over the next five years to ease electricity shortages that are constraining growth, the national power utility said. Projects cover generation, transmission and distribution, including development of the Inga hydro complex — which could exceed 40,000 MW and become the largest facility of its kind — alongside other grid infrastructure. The utility said mining sector expansion is driving strong investor interest and that talks with financial institutions have been extensive and optimistic; government data show about 3,350 hydropower sites with theoretical capacity near 167,200 MW.

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Saudi sources said on the 4th Saudi Arabia and Syria signed a defense cooperation agreement between their defense ministries during the visit to Riyadh by Syria’s transitional government president Ahmad Shala; details were not disclosed. Shala met Crown Prince and Prime Minister Mohammed bin Salman — their second Riyadh meeting in under a month — and Syria began last month to cautiously weigh providing military assistance to Saudi Arabia. The pact was announced as Yemen’s Houthi militants contin