South Africa is preparing to back one of the largest infrastructure projects on the continent: the Inga III hydroelectric dam in the Democratic Republic of the Congo. A new report from CIC’s Congo Research Group and Phuzumoya Consulting, I Need You, I Don’t Need You: South Africa and Inga III, places South Africa’s backing of Inga III in the context of foreign policy, arguing that the contradictory and uncertain dynamics of South African support for the dam puts into question the bankability—and indeed the feasibility—of the whole project.
Congo’s $14 Billion Dam Project Threatened by Disagreements
Bloomberg cited the "Inga III: Kept in the Dark" report by the Congo Research Group and Resource Matters.
The article mentions the report's revelation of a letter exchanged between the Chinese consortium and Congolese agency responsible for the project, after the parties involved in the construction failed to agree on the shares each would receive.