Invest in the Democratic Republic of the Congo Forum at Expo 2020 Dubai – Dubai Blog

Investment in the Democratic Republic of the Congo Forum held on the 17th^day October 2021, Dubai Expo 2020 Dubai Exhibition Center North Suite 1. The 2021 Investment in the Democratic Republic of the Congo Forum welcomes hundreds of participants and top speakers of the 2020 World Expo. Its agenda is aimed at promoting and addressing the investment-friendly business environment in the Democratic Republic of the Congo.

IDRC 2021Forum brings together ministers, government officials, public and private sector organizations, investors, policy experts and consultants. They discussed important growth areas and key investment opportunities in the Democratic Republic of the Congo, such as building a favorable business environment, policy and regulatory updates In terms of topics of interest, new laws of the country, new projects and opportunities for investors, training and skill development, and sector development.

The Investment in the Democratic Republic of the Congo Forum started with a welcome speech, followed by a keynote speech by the Minister of State and Planning Minister Christian Mwando Nsimba Kabulo on “The Strategic Development Plan of the Democratic Republic of the Congo-Progress Prospects”, Democratic Republic of the Congo. “Because of its huge untapped economic potential, the African continent offers countless opportunities for investors. It is also becoming one of the most popular investment destinations. In particular, the Democratic Republic of the Congo has some of the most abundant natural resources on the planet. With a strong economy, rich farmland and rich mineral resources, Congo is moving towards a brighter future. We are proud to say that this event encourages people to do business in our country and encourages sustainable and innovative development in the Democratic Republic of the Congo Business culture,” said His Excellency Christian MwandoNsimba Kabulo.

Followed by a keynote speech from HE. Theo Ngwabidje Kasi, Governor of South Kivu, Democratic Republic of Congo, delivered a theme entitled “Unleashing the Real Potential of the Democratic Republic of Congo”. HE Theo Ngwabidje Kasi introduced to the audience some projects in the mining, infrastructure, energy and industrial sectors in his province that are seeking funding

Subsequently, Mr. Anthony Nkinzo Kamole, Managing Director of the National Investment Promotion Agency of the Democratic Republic of Congo (ANAPI), delivered a short keynote speech on the topic “Managing Foreign Direct Investment: Regulatory Incentives”.

The President of the Democratic Republic of Congo, Felix Tshisekedi, stated that his country is constantly seeking opportunities and investors from all over the world to invest in the country. The country’s investment promotion agency ANAPI promotes foreign investment by simplifying investment processes, increasing transparency, assisting new foreign investors, and improving Congo’s image as an investment destination.

Due to the adverse effects of the Covid-19 pandemic, after the Democratic Republic of the Congo experienced its first recession in 18 years in 2020, if the pandemic is brought under control and global demand recovers, the economic outlook of the Democratic Republic of the Congo in 2021 and 2022 will be Is advantageous. Real GDP is expected to grow by 3.3% and 4.5% in 2021 and 2022, respectively, mainly due to the rise in prices of major mineral products, the recovery of consumption and investment, and major projects in the agriculture, infrastructure, and ICT sectors. In addition, the government’s continuous efforts to rationalize public finances should be able to reduce the inflation rate to an average of 11.7% during the period 2021-2022.

The event also had a roundtable discussion on the “Democratic Republic of Congo Experience” with Congolese entrepreneurs, Yves Kabongo, Managing Director of KGB Capital, and Eric Monga, Managing Director of KIPAY Energy. They shared their field experience of doing business in the country.

After the panel discussion, themes included “Exchange economic expertise in investment-ready and competitive economies”, “Mainstream ESG Initiative”, “Democratic Republic of Congo Digital Perspective”, “Economic diversification and access to credit information are driving economic One of the main achievements of development” Omar Khan, Director of the International Office of the Dubai Chamber of Commerce, delivered a speech respectively; Balaji Nagabhushan, Chief Administrative Officer of Samsung Group; Dominique Migisha, Special Advisor on Digital Issues of the Head of State of the Democratic Republic of Congo; Miguel Azevedo, Head of Investment Banking, Middle East and Africa, Citigroup ; Jean-Bosco Kayombo, Administrator and Managing Director of SNEL, the National Electricity Company of the Democratic Republic of Congo.

The keynote speech and panel discussion ended with a lunch break, followed by the G2G, G2B and B2B web conferences in the venue.

Mr. Walid Farghal, Director General of the Annual Investment Conference, said: “Digitalization is considered to be one of the most powerful tools for the effective implementation of the 2030 Agenda for Sustainable Development and Africa’s 2063 Agenda, and is expected to create income-generating opportunities for millions of people in the region. Congo The Democratic Republic is one of the fastest-growing economies in the world. With its huge potential, the “Investment in the Democratic Republic of the Congo Forum” has become a powerful driving force to strengthen the country’s economic stability, sustainability and growth.”

Participants participated in the “Invest in the Democratic Republic of the Congo Forum” to learn more about the business environment in the Democratic Republic of the Congo and more about investment opportunities in the Democratic Republic of the Congo. The event brought inspiring speeches from key speakers and inspired attendees with inspiring business stories that are expected to revolutionize the country’s economy and growth. Invest in the Democratic Republic of the Congo Forum is a catalyst to bring investment and foreign direct investment to the country to actively shape the country’s future.

For more information about investment opportunities in the Democratic Republic of Congo, please contact anapi@investindrc.comOr visit https://www.investindrc.cd/en.