Policy Update

France extends debt relief contract with DRC

The Democratic Republic of Congo (DRC) and France signed a Debt Reduction-Development Contract (C2D) on November 12, 2019, an extension of 2013 C2D between Paris and Kinshasa. The initial contract, valued at €106 million (US$118 million), was used to conduct numerous projects in the areas of governance, water, and sanitation, as well as education and vocational training. 

The second C2D, signed in November of 2019, is valued at €65 million (US$72 million) and extends those projects by allocating new resources to education (€25 million / US$27 million), vocational training (€10 million / US$11 million), governance (€17 million / US$18 million), health and water (€10 million / US$11 million), as well as to studies and supervision (€4 million / US$4 million). 

Press release - French Development Agency (AFD)