Improving the living conditions of the most vulnerable
Managing natural resources sustainably
Classified as a lower-middle income country, the Republic of Congo faces numerous challenges to its social and economic development. These challenges include an undiversified and volatile economy, insufficient infrastructure, very poor social indicators, a lack of resource development, and a need for capacity building.
According to the 2012-2016 National Development Plan, Congo’s interventions revolve around eight priorities: improving governance, diversifying the economy, strengthening the private sector and competitiveness, improving infrastructure, fostering education and training, promoting job creation, encouraging social development and inclusion, and ensuring balanced and sustainable development.
AFD has been a major partner of Congo since 1960 and is helping to implement these strategic priorities by working primarily in the following three sectors:
- Infrastructure (water, energy, transport, sanitation)
- Human development (health, social protection, vocational training and higher education)
- Sustainable development (forest, environment, agriculture).
AFD is also working with the private sector through bank guarantees that enable SMEs to improve their access to credit.
With commitments of close to 600 million euros granted over the 2011-2017 period, AFD has become established as one of Congo’s closest partners.
To allow for the production of timber while preserving conservation values, forestry regulations in the Congo Basin have made Forest Management Plans (FMPs) mandatory in logging concessions. This paper ...