The World Bank Thursday approved a 73.1-million-dollar grant in support of a controversial giant dam project in the Democratic Republic of the Congo (DRC).
Watchdog groups here are warning that a deal has been struck that would see Chinese investors fund a massive, contentious dam on the Congo River, the first phase of a project that could eventually be the largest hydroelectric project in the world.
There are big aspirations for Africa’s largest hydroelectric project, the Inga III that is set to be built in the Democratic Republic of Congo. But analysts are sceptical that such an ambitious project will ever be realised.