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Image header Agence Europe
Europe Daily Bulletin No. 9803
Contents Publication in full By article 25 / 31
GENERAL NEWS / (eu) eu/eib

First EIB loan to Democratic Republic of Congo since 1986 and clearing of Gécamines debt arrears

Brussels, 12/12/2008 (Agence Europe) - The European Investment Bank (EIB) has signed its first contracts in the Democratic Republic of Congo (DRC) since 1986. It has lent €110 million to the DRC government to benefit the Société Nationale d'Electricité (SNEL) for the rehabilitation and expansion of existing facilities at and around the Inga hydropower plants. The EIB has also agreed to clear the arrears of the former debt of Gécamines (Générale des Carrières et des Mines), the last...

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A LOOK BEHIND THE NEWS
EUROPEAN COUNCIL
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
SUPPLEMENT