DRC : TRANSCO bolsters its fleet with 16 new Mercedes-Benz buses

Congo’s public transport company, TRANSCO, on Monday took delivery of a new batch of 16 Mercedes-Benz buses assembled in Kinshasa by Suprême Automobile. This acquisition is part of the government’s program to modernize TRANSCO’s fleet and improve the quality of public transport services. The reception ceremony was attended by TRANSCO’s Director General Cyprien Mbere Moba, the Secretary General for Transport, and a representative of the Deputy Prime Minister and Minister of Transport and Communication. Mr. Mbere Moba expressed his gratitude to President Félix Tshisekedi and his government for this crucial…

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AFREXIMBANK GRANTS A $100 MILLION CREDIT TO BOOST TRADE FLOWS TO AND FROM THE DRC

Afreximbank Accorde un Crédit Commercial de 100 Millions de Dollars à Rawbank en RDC

The African Export-Import Bank (Afreximbank) has signed a landmark agreement for a US$100-million trade finance facility with Rawbank, a leading commercial bank in the Democratic Republic of Congo (DRC). This significant deal aims to enhance trade flows into and out of the DRC, providing much-needed support for the country’s economic development. This facility, the largest trade finance agreement ever extended by Afreximbank to a commercial bank in the DRC, is expected to alleviate pressure on the country’s balance of payments. The facility utilizes the trade finance instruments offered by the…

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DRC: 10 new Mercedes-Benz buses “made in DRC” to expand Transco’s fleet

On Thursday, April 11, 2024, the Minister of Transport, Roads, and Decongestion of the Democratic Republic of Congo (DRC), Marc Ekila, presided over a ceremony to hand over ten (10) 49-seat buses, Mercedes-Benz “made in DRC”, to the General Director of the Congo Transport Company (Transco). “This second delivery will be added to the 21 vehicles already received on November 17, 2023, from the company “Supreme Automobile” which has a contract with the Congolese government for 230 buses for its public transport company,” said a press release from Transco. During…

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DRC: HEAD OF STATE INAUGURATES THE FIRST “MERCEDES BENZ” BUS ASSEMBLY PLANT

The President of the Republic, Félix Antoine Tshisekedi Tshilombo, inaugurated the “Suprême automobile” plant in Kinshasa on Saturday, June 10. The plant specializes in the assembly and manufacturing of Mercedes Benz bus bodies. The establishment of this company in the Democratic Republic of Congo (DRC) is a historic event that comes more than 30 years after the departure of the American automotive giant, General Motors, and marks the return of an automotive industry to Congo. It is the realization of the vision of the Head of State, who aims to…

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Kinshasa’s mass transit system to be rebuilt by Africa Finance Corporation and Trans Connexion Congo

Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, has entered into a joint development agreement with Trans Connexion Congo (TCC), to jointly develop a mass transit system covering a linear route of 300km of railroad in Kinshasa, Africa’s most populous city, in the Democratic Republic of Congo.   The development of this urban train is to be executed in four phases, with the first phase being a 25km rail connection from the central station of Kinshasa to the city’s N’Djili International Airport. Implementation will involve…

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DRC: Transco puts 100 new buses on the road in Kinshasa, in the face of transport difficulties

The country has been facing a fuel shortage since last September 5. In order to help the population to face the transport difficulties linked to this situation, the government has decided to put 100 new buses in circulation in the capital Kinshasa.   This decision to reinforce the fleet of the public company of public transport (Transco) was made public on Wednesday, September 07, 2022, last by the minister of hydrocarbons, Didier Budimbu.   “TRANSCO aligns 160 buses in Kinshasa. But with the measures which were taken by the Government,…

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WESTERN UGANDA ROADWAY PAVES THE WAY FOR HIGHER INCOMES, MORE TOURISM REVENUE IN THE REGION

The Kigumba–Masindi–Hoima–Kabwoya road in western Uganda has opened for traffic, paving the way for increased regional trade, tourism and oil production. A $109 million loan from the African Development Fund and $34 million from the Ugandan government funded the Road Sector Support Project 4, which included civil works for upgrade of the 135-km  road from gravel to bitumen standard. With the road upgrade, travel time to northern Uganda is expected to reduce by 50 percent. The roadway also links the region to the east of the Democratic Republic of Congo…

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