Congo Wind Power New Energy Base Station

Will enhanced electrification boost Congo's non-oil GDP growth?

The macro-fiscal returns of enhanced electrification are well documented. A recent International Monetary Fund staff report suggests that each percentage point increase in reliable electricity access could add 0.15 percentage points to Congo’s non-oil GDP growth (IMF Article IV Consultation, 2024).

Why should DRC invest in Inga 3?

“The electricity generation potential at the Inga site is one of the largest in the world. The development of Inga 3’s hydropower will be transformative for DRC. By increasing access to clean, renewable and affordable energy for Congolese households and industries, it will serve as a motor for inclusive growth and jobs.

Is access to electricity a roadblock to DRC's economic transformation?

Access to energy is one of the most significant roadblocks to DRC’s economic transformation and job creation at scale. Only 21% of Congolese people have access to electricity, but this is set to change.

What is DRC's national energy compact?

Under DRC’s National Energy Compact, aligned with the Africa-wide Mission 300 initiative, the government is embarking on a range of investments and reforms designed to increase power generation, attract private sector investors and improve the performance of the national energy utility, with the goal of lifting electricity access to 62% by 2030.