Africa’s largest financier, Pretoria-based Public Investment Corp. (PIC) is looking to gain further access in the continent by funding what could be the world’s largest power generation complex: Democratic Republic of Congo’s (DRC) Grand Inga.
The firm’s CEO Elias Masilela said in an interview with Bloomberg that PIC plans to “play the lead in the energy space.” He added, “Energy is one of the biggest barriers for the continent and if we don’t deal with it it is going to deal with us.”
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