British International Investment has committed $35 million to develop the Port of Banana, DR Congo's first deepwater container port, aiming to enhance trade, create jobs, and promote economic growth.

Target Information

British International Investment (BII), the UK’s development finance institution and impact investor, has pledged to invest up to $35 million into the first phase of the Port of Banana, the Democratic Republic of the Congo's (DRC) inaugural deepwater container port. As Africa’s second-largest country and fourth most populous, the DRC stands to significantly benefit from this investment, which aims to enhance the nation’s access to international markets and ultimately stimulate economic growth.

The Port of Banana will serve as the primary maritime gateway for all containerized imports and exports in the DRC, providing the country with much-needed logistical independence and enhancing its sovereignty over foreign trade. The port is expected to generate approximately 85,000 jobs and contribute about $1.12 billion in additional trade along with an increase of $429 million in economic output annually.

Industry Overview in the DRC

The Democratic Republic of the Congo is characterized by a growing need for improved infrastructure to support its vast economic potential. Currently, the country struggles with significant logistical challenges that im