Letter of Intent with CAFI 

In April 2019, the CAFI Board formalized in a decision its willingness to launch a policy dialogue and start the negotiations on a Letter of Intent with the Republic of Congo, with consideration of a minimum amount of US$ 45 million through the CAFI Trust Fund, and an additional minimum amount of US$ 20 million in new and aligned bilateral funding. 

In the Republic of Congo, the Prime Minister led the negotiations of the Letter of Intent and established an inter-ministerial working group under his office to pilot the implementation of the National Investment Framework. 

On 3 September 2019, the Letter of Intent was signed in Paris between Presidents Macron (France) and Sassou Ngesso (Republic of Congo). 

 

Ambitious commitments