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DRC: AfDB Approves Over $48 Million to Improve Living Conditions in the Crisis-Affected East
On April 29, 2026, the AfDB Board approved $48.83 million in financing for PRECAPE. The project will benefit over 800,000 people in Uvira, Beni and Wali...
On April 29, 2026, the AfDB Board approved $48.83 million in financing for PRECAPE. The project will benefit over 800,000 people in Uvira, Beni and Walikale, with social infrastructure, youth training and the deployment of the AXIS program.
DRC: African Development Bank Approves Over $48 Million to Improve Living Conditions in the Crisis-Affected East
Abidjan, April 29, 2026
A major milestone for the people of eastern Democratic Republic of Congo. The Board of Directors of the African Development Bank Group approved on April 29, 2026 in Abidjan a $48.83 million financing package through the Crisis Response Project to Support Affected Populations in Eastern DRC (PRECAPE).
This project, coordinated by the Social Fund of the DRC (FSRDC), will provide targeted responses to urgent community needs while laying the foundations for sustainable development in areas affected by the military-political crisis.
A Multi-Dimensional Financing Package
The financial commitment consists of:
- $33.91 million – Transition Support Facility loan
- $4.95 million – Transition Support Facility grant
- $9.97 million – African Development Fund grant (concessional window)
Total: $48.83 million
"A Targeted Response to the Most Pressing Needs"
"The project will provide a targeted response to the most pressing needs while contributing to the establishment of sustainable solutions to combat fragility and alleviate the suffering of vulnerable populations. Its goal is to restore economic assets that promote the social inclusion of youth and women, reduce economic, social and climate marginalization, and consolidate peace and community resilience, the foundation of sustainable development."
- Mohamed Cherif, Bank Country Manager for the DRC
Infrastructure for Resilience
- 5 vocational training centers
- 7 schools
- 7 health centers
- 5 water and sanitation facilities
- Markets
- Recruitment of beneficiary populations for labor-intensive rehabilitation work
The AXIS Program Serving Communities
PRECAPE will facilitate the deployment of the natural resource tokenization initiative through support for the AXIS program, aimed at valuing community assets. This flagship initiative mobilizes resources to finance the economy and improve rural incomes through digital tools. The pilot phase focuses on gold and carbon.
Training, Empowering, Protecting
- 1,500 youth trained in promising trades (including green jobs)
- 2,000 youth and women receiving entrepreneurial capacity building and financial education
- 4,500 women survivors of gender-based violence receiving psychosocial and medical care
Intervention Areas
Uvira (South Kivu) • Beni (North Kivu) • Walikale (North Kivu)
Massive Impact
800,000+
people, including internally displaced persons and host communities, will have access to quality social services (health, education, water and sanitation).
The project will also support the DRC Delivery Unit based at the Prime Minister's Office to strengthen government coordination and facilitate monitoring of the Resilience Compact that the country has adopted.
Official Press Release
Read on AfDB websiteShare this news:
#PRECAPE #AfDB #FSRDC #AXIS #DRC #EastDRC #Uvira #Beni #Walikale #Financing #Tokenization #Resilience #MohamedCherif #Rehabilitation #VocationalTraining #GenderBasedViolence
Ebimisami na: Direction Communication · 29 sánzá ya mínei 2026