The Congolese government has inked an agreement with the pan-African investment platform Africa50 to mobilize funds for tripling the capacity of the Congo Power Station. The infrastructure, which currently has a capacity of 300 MW, should increase its capacity to 450 MW then to 900 MW by 2027. Last year, the debt-crippled Congolese government approved a plan to dissolve its loss-making power and water utilities and replace them with three public limited companies. The government said the power company Société Nationale d’Electricité (SNE) and water utility Société Nationale de Distribution d’Eau (SNDE) had failed to reach sufficient profit levels despite heavy state investment. The capacity of already identified sites for power production is estimated at 14 000 MW.

Source: The North Africa Journal February 18, 2019 14:48 UTC