The European Investment Bank (EIB) is holding off on decisions to finance the $760-million Ruzizi III hydropower plant in Central Africa, due to fighting between Rwandan-backed rebels and the Democratic Republic of Congo, a spokesperson said. Europe is ramping up pressure on the adversaries following January’s blitzkrieg by Congolese rebels that saw them overrun the strategic cities of Goma and Bukavu, attacks condemned by African leaders and Western countries.
