DFC VII
Sector: Manufacturing (Industrial) • Location: Congo, Democratic Republic of
Source: World Bank Group
The Seventh Societe Financiere de Developpement (SOFIDE) Project will finance the foreign exchange component (US$33.5 million) of the capital investment requirements of subprojects approved by SOFIDE in the agricultural, transportation, industrial and agro-industrial sectors. At least US$5.0 million will be for export oriented projects and at most, US$4.0 million may be reserved for SOFIDE's equi
- Status
- Closed
- Sector
- Manufacturing (Industrial), Raw Materials, Government
- Location
- Democratic Republic of the Congo
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Seventh Societe Financiere de Developpement (SOFIDE) Project will finance the foreign exchange component (US$33.5 million) of the capital investment requirements of subprojects approved by SOFIDE in the agricultural, transportation, industrial and agro-industrial sectors. At least US$5.0 million will be for export oriented projects and at most, US$4.0 million may be reserved for SOFIDE's equity participations, provided SOFIDE finds measures satisfactory to IDA to protect itself against the foreign exchange risk. The remaining US$2.5 million of the Credit will finance: (a) technical assistance and studies to improve industrial sector policy formulation and project selection (US$2.25 million); and (b) training and other assistance needed by CEPETEDE to help it improve its effectiveness as a training institute in project analysis and implementation (US$0.25 million). |
Original sector | Financial Sector |
Location
Country | Democratic Republic of the Congo (DRC) |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Raw Materials, Government |
Article published date | 2025-12-17 |
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