500 Million Dollar Railway Agreement Between KDC and Russia

million dollar railway agreement between kdc and russia
million dollar railway agreement between kdc and russia

23 In October, within the framework of the Russian-African Economic Forum in Sochi, Alexander Misharin, First Deputy General Director of Russian Railways and Didier Mazengu Mukanzu, Minister of Transport and Communications of the Democratic Republic of the Congo (DRC), signed the 500 million dollar railway agreement.

According to African media reports, the Russian Railways Company (RZD) announced on its website that during the Russian-African Economic Forum in Sochi, RZD officials and KDC Transport and Communications Minister Didier Mazengu Mukanzu repaired and expanded the KDC rail network. signed a goodwill agreement.

The project included the modernization, construction and development of the railways in the KDC and the amount of 500 million dollars.

KDC President Felix Tshisekedi, in a message he shared on his social media account, said that in November, a delegation from Russia will come to the capital Kinshasa.

According to Russian media, Niger reached an oil and transportation agreement worth $ 2,5 with Guinea and the KDC, the Russian businessman Konstantin Malofeyev, sanctioned by the US and the European Union.

On the other hand, the Moscow administration plans to sell $ 4 billion worth of arms to Africa later this year.

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