The African Development Bank (AfDB), which has financed the feasibility studies for the $ 73 million Inga III project, is ready to finance the implementation of this project.
This is what emerged from the visit of AfDB President Akinwumi Adesina from 17 to 20 June in the DRC.
“The ADB has decided to take the Grand Inga project to heart, because the DRC is an energy power in the heart of Africa and the maximum exploitation of the potential of the Inga site can favor the industrialization of Africa” Akinwumi Adesina said that she was amazed by this “divine gift” located in the Buindi Valley in Inga in Central Kongo Province, where God has planned everything. For him, “the time of the speeches is gone, it is necessary to pass to the act”.
“This pharaonic project is likely to satisfy not only the strong domestic demand of the DRC, but also boost the industrialization of Africa by serving nearly half of the continent,” he said.
During a dinner that was offered to him on Wednesday by the President of the Republic, Félix Antoine Tshisekedi Tshilombo, the president of the ADB, who made the same day a descent on the site where will be erected this strategic hydroelectric dam for the Africa, had indicated that his visit to Inga, convinced him that after the political alternation in the DRC, there will also be alternation on the development plan.
“I visited Inga, I’ve always heard about it, but hearing and seeing are two different things,” he said. However, during his meeting last Monday with the Head of State, Félix Antoine Tshisekedi Tshilombo, the two personalities had reaffirmed their determination to move up a gear for the realization of the project of the Inga III hydroelectric dam. produce more than 100,000 mega watts, which is 5 times the current production capacity of Inga I and II.
All these advances, it is said, are the result of the dynamism and pragmatism of the Head of State Felix Antoine Tshisekedi Tshilombo who has made things happen since his participation on May 12, at the general meetings of African banks in Malabo, in Equatorial Guinea.
Indeed, the Head of State Félix Antoine Tshisekedi Tshilombo had torn off the agreement in principle to finance by the ADB, the Inga III project works, presented as an integrative project, recalls it.