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- Line of Credit to SOFIDE
Line of Credit to SOFIDE
Congo, DR
| Borrower | DR Congo |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Financial |
| Approved | 02.03.1977 |
| Signed | 17.05.1978 |
| Status | Completed |
| Loan Administrator | IDA |
| Executing Agency | Société Financière de Développement (SOFIDE) |
| Co-financiers | IDA, EIB, KfW |
| OPEC Fund Contribution (US$m) | 5.00 |
| Total Project Cost (US$m) | 19.00 |
The project provided financing to productive Zairian enterprises in the manufacturing, agro-industrial and other sectors; and supported the activities of SOFIDE by strengthening its resource base and promoting domestic investments.