Cooperation

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AfDB Executive Directors' Consultation Mission to Congo-Brazzaville Ends

On Friday, March 25, 2022, the last day of its consultation mission to Congo-Brazzaville, the African Development Bank (AfDB) Group Executive Directors' delegation visited the Maloukou Tréchot Special Economic Zone (SEZ), where the road-rail bridge that will link it to Kinshasa (DRC) will be built, as well as the Kintele International Conference Centre, where the AfDB Annual Meetings will be held in May 2026. At the end of this consultation mission, the head of delegation, Mbuyamu Ilankir Matungulu, spoke to the press about the visit.  

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Congo/AfDB Cooperation

The Congolese Minister of Finance, Budget and Public Portfolio, Rigobert-Roger Andely, on Monday, March 21, 2022, received a delegation of 10 Executive Directors from the African Development Bank (AfDB) Group. The delegation led by Mbuyamu Ilankir Matungulu, AfDB Executive Director for the Central Africa Group, was accompanied by two Directors General of the AfDB-Central Africa Region.

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CONGO -BADEA COOPERATION

This Financing Agreement for the construction of the Maloukou SEZ was signed on 11 July 2021. However, due to Covid-19's health restrictions, the exchange of initials only took place on Monday 14 February 2022, in the meeting room of the Ministry of Finance, Budget and Public Portfolios, in Brazzaville, between the Congolese Minister of Finance, Rigobert Roger Andely, and the Director General of this bank, Sidi Ould Tah.  Following this exchange of initials, Minister Rigobert Roger Andely spoke to the press in the following interview.

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BDEAC and Congo sign a Loan Agreement of CFAF 100 billion

On Friday 10 December 2021 in Brazzaville, Fortunato-OfaMboNchama, President of the Development Bank of Central African States (BDEAC), and Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio signed the CFAF 100 billion BDEAC financing agreement for the first phase of the Brazzaville-Ouesso (Republic of Congo) - Bangui (Central African Republic) - N'Djamena (Republic of Chad) multimodal corridor development project.

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France-Congo cooperation

On Monday 29 November 2021, the Minister of Finance, Budget and Public Portfolio, Rigobert Roger Andely, representing the Congolese government, and the French Ambassador to Congo, François Barateau, for the French government, signed the Third Bilateral Agreement on the suspension of debt servicing with regard to France within the framework of the Debt Service Suspension Initiative (DSSI) decided by the G20 in 2020.

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Swiss investors received in audience

On Tuesday 19 October 2021, in the conference room of the Ministry of Finance, Budget and Public Portfolio, Ludovic Ngatsé, Minister Delegate for the Budget, received a delegation of investors from the AACID-REFAI-NGO Foundation (International agency for the refugee environment &family affairs), led by REFAI-NGO board member, Thierry Sengier.

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Congo-World Bank cooperation

On Wednesday 22 September 2021, Ludovic Ngatsé, Minister Delegate in charge of the Budget to Rigobert Roger Andely, Minister of Finance, Budget and Public Portfolio, received in audience Mrs Korotoumou Ouattara, Resident Representative of the World Bank (WB) in Congo and Mrs Carine Clert, Human Development Programme Coordinator for Central Africa.

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Meeting between African Finance Ministers and IMF Managing Director

The Congolese Minister Delegate for the budget, Ludovic Ngatsé, represented on Thursday 30 September 2021, his colleague of Finance, Budget and Public Portfolio, Rigobert Roger Andely, at the biannual meeting between African Ministers of Finance and the International Monetary Fund (IMF), represented by its Managing Director, Kristalina Georgieva. 

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IMF Press release

Following the consultation mission on the economic policies implemented by the Congolese government, under the provisions of Article IV of the International Monetary Fund (IMF), conducted from 12 to 24 September 2021, the Executive Board of this institution, held on 24 September 2021 in Washington (United States), examined the mission report and noted with satisfaction that the Congolese economy is in a recovery phase. However, to strengthen this trend, it will need to undertake major additional structural reforms, as described in the final communiqué below.

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