Waterway Project in DRC Seeking $21.5M for Transportation and Naval Engineering
Waterway
Financial Details
- Asking Price:
- $21,500,000
- Cash Flow / SDE:
- $21,500,000
- Profit Metric:
- Amount Sought
- Valuation Multiple:
- 1.0x
- Location:
- Kinshasa, CD
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing represents a funding request for the 'Waterway Project,' an ambitious initiative aimed at revolutionizing transportation and logistics within the Democratic Republic of Congo (DRC) and surrounding sub-regions. The project, spearheaded by Waterway, a subsidiary of MJ Center Sarl, focuses on establishing a comprehensive naval mobility solution. Key components include the development of a creative shipyard capable of building tailored vessels, the introduction of Kinshasa's first taxi boat transport service, and the operation of long-haul commuting boats across the country. Leveraging the DRC's extensive waterways, which are often the only means of access to remote areas, the project targets a vast market of over 200 million people. The business model is designed to overcome the limitations of existing infrastructure and models, aiming for leadership in the naval transport sector. The company forecasts profitable cash flow from the first year of operation, with plans for progressive sales growth, business expansion, and steady pace development. The funding sought will be used for working capital to create a sustainable water transportation system, enhance accessibility, and boost economic growth while positively impacting local communities and the environment.
Industry Information
- Industry Description:
- Transportation / Aviation / Logistics
- Classification:
- Transportation & Storage
Real Estate & Lease
- Status:
- Not_specified
Listing Details
- Listing ID:
- e75c90a2-3bd3-477b-8768-51b20e8e77bc
- Deal Status:
- For Sale
- Date Posted:
- March 14, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD