U.K. Pledges $660 Million Guarantee for British Investments in DRC
Thursday, 30 October 2025 13:13
- UK pledges £500m guarantee to boost investment in Congo
- Focus on mining and energy sectors at London summit
- British investor delegation to visit Kinshasa in January 2026
UK Export Finance (UKEF), the United Kingdom’s export credit agency, announced a £500 million ($660 million) guarantee to support British businesses investing in the Democratic Republic of Congo (DRC).
The announcement was made on the sidelines of the Financial Times Africa Summit 2025, which concluded in London on October 22.
DRC Mines Minister Louis Kabamba Watum attended the summit and joined a business meeting organized by the DRC-UK Chamber of Commerce. Discussions at the event focused on boosting investment in the Congolese mining and energy sectors.
During the meeting, UKEF confirmed the £500 million financing guarantee, aimed at encouraging and safeguarding British investment in the Congolese market.
According to the DRC Ministry of Mines, the initiative is part of a broader economic partnership between London and Kinshasa. A delegation of British investors is due to visit the DRC capital, Kinshasa, in January 2026 to explore investment opportunities.
RL, Bankable
Live News
-
Mining Veteran Campbell Baird Joins Asante to Oversee Ghana Mine Ramp-Up
14:34
-
Burkina Faso Secures $215.9 Million World Bank Funding for Agricultural Transformation
14:34
-
Africa’s Agrifood Future Will Be Shaped by Youth - The Lesson from the Central African Republic (Opinion)
14:15
-
Nigeria Positions Itself as Alternative Oil Supplier Amid Middle East Tensions
13:59
-
UK Pushes WTO Reform, Digital Trade Debate as Yaounde Prepares to Host Ministerial Conference
13:27
-
Grid constraints and supply shortfalls behind recent outages, utility says
12:45
-
Three brick and tile plants planned in Cameroon under 40 billion CFA franc programme
12:04
-
Microsoft, Education Plus Launch Free AI Training Platform for African Youth
11:30
-
Togo updates national radio spectrum allocation rules
11:20
-
Nkwel App Launched in Cameroon to Digitalise Neighbourhood Commerce
08:55
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
World Bank approves $215.9 million to support Burkina Faso agriculture Program targets rice, maize productivity, processing, market...
Asante Gold appoints Campbell Baird as chief operating officer Baird to oversee optimization at Bibiani and Chirano mines Mines target 500,000 ounces...
By David Adama, Senior Specialist for Continental and Regional Engagement at AGRA, and Henry Lagat, Lead for Generation Africa Youth Voice and Empowerment...
Nigeria urges Gulf producers to invest in its oil sector Minister says Nigeria can help diversify global hydrocarbon supply Call comes amid Middle...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...