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DRC, World Bank Forge Pact Promoting Women

FILE: Image of World Bank logo, taken November 30, 2015.

The World Bank and Congo have signed two funding conventions of$900 million to boost female entrepreneurship and access to water and electricity in the east and west of the country, the Bank said in a statement.

The deal was clinched at the end of a two-day visit to Congo by the World Bank's strategy and operations director for East and Central Africa, Humberto Lopez.

In announcing the deal, Jean-Christophe Carret, World Bank Country Director for the Democratic Republic of Congo, said "These operations supplement a portfolio of operations focused on reinforcing human capital and protecting the poorest households - including women - against socio-economic hazards,"

Going beyond those benefits, Carret added "Complementing its successful social safety net model, the project will leverage its reputation, experience, and resources to address social infrastructure needs in vulnerable communities by increasing access to health and education services and enhancing policy dialogue on the integration of refugees into national systems."

The projects will focus on Congo's central-west Kasai province and eastern regions.