News and Events
- Investments in the DRC (5/25/2019) Posted in: Local news
President Tshisekedi sends a delegation led by his adviser Migisha to South Korea to identify opportunities
This delegation headed by Dominique Migisha, advisor to the Head of State in charge of digitization, has for mission to identify investment opportunities that fit with the vision of the President of the Republic in different areas, with the sole purpose of attracting investors for the well-being of the Congolese people …
- LIMBERING UP ON MONETARY POLICY (5/23/2019) Posted in: Local news
Central Bank of Congo: The key rate reduced from 14% to 9%
The Central Bank of Congo (BCC) has decided to ease the measures of its monetary policy by reducing the policy rate from 14% to 9%. This is the essence of the 3rd ordinary session of the Monetary Policy Committee chaired on Tuesday, April 30 by Deogratias Mutombo Mwana Nyembo.
At the same meeting, the Issuing Institute raised its economic growth rate from 5.1% to 5.9% in 2019 … read more …
- Kinshasa Digital Week (3/12/2019) Posted in: Local news
Kinshasa Digital Week 2019, the annual meeting of technological innovations and decision-makers
What is Kinshasa Digital Week ?
Kinshasa Digital Week brings to Kinshasa the most innovative stakeholders and tech companies from Africa. Be ready to live 2 inspiring, sharing and learning days to make the future your own ! Join Kinshasa Digital Week Summit on April 12 & 13 at Pullman Hotel of Kinshasa for two days full of education, networking and demo of pan african innovation to connect your company to the future … read more …
- A multipolar growth for the DRC (7/9/2018) Posted in: Local news
To avoid the mistakes of the past, the governor of the Central Bank of Congo advocates a multipolar growth
The Central Bank of Congo organized a conference-debate in Lubumbashi on the theme: “From stabilization to sustained and sustainable growth: issues and perspectives”. Speaking during the press conference, which preceded the meeting of the Monetary Policy Committee (CPM) on June 18, Governor Déogratias Mutombo returned to the motives for organizing this high-level meeting. He proposed some guidelines to correct the mistakes of the past and keep a sustained and sustainable growth in the DRC.
According to him, the country needs to implement strategic orientations that induce multipolar growth. This growth, he continued, implies the significant contribution of each sector of the economy to GDP … read more …
- Better business and investment climate in DRC (7/2/2018) Posted in: Local news
ANAPI publishes the report of the impact and satisfaction survey on the reforms
Legal and judicial insecurity, difficult access to finance, lack of transparency in administrative operations and so many other factors are the main concerns of private sector investors in R & D. Congo. It is on this subject that was presented on June 28 2018 the report of the impact and satisfaction survey on the reforms relating to the improvement of the business climate and investments by the National Agency for Investment Promotion (ANAPI) … read more …
- Congo Business Forum will be held on June 30 in Paris (6/24/2018) Posted in: Local news
Invest in the heart of Africa
Organized by the Congo Millennium Business Club (CMBC), the meeting will bring together the professionals and entrepreneurs of the Congolese diaspora and all those interested in business opportunities in the Democratic Republic of Congo.
The Congo business forum (CBF), “driven by Congolese expertise at the international level”, according to the organizers, wants to be the reference meeting for professionals and business leaders in search of a new market. For Jean Ishaku, one of the co-founders of the CMBC, the establishment of this forum should mark a new momentum in the diaspora, with the aim of creating a movement in investment and encourage more of companies to look to Congo … read more …
- She Okitundu encourages French investments in the DRC (6/24/2018) Posted in: Local news
The Deputy Prime Minister in charge of Foreign Affairs and Regional Integration and the Ambassador of France in the DRC launched Wednesday, June 13 in Kinshasa, the 5th edition of the French Week.
The ceremony took place at the Capitol of the Pullman Hotel Kinshasa.
Under the theme: “Securing business in the DRC: A necessity, a challenge”, this meeting, which will take place until June 16, aims to foster economic relations between French operators and the Congolese business community. All in the ideal to become a rendezvous of the economic landscape of the DRC.
In her communication, the PMO She Okitundu welcomed the substantial contribution of France in the peace process in the DRC. France, he said, continues to play a key role in the peace and stability process in the DRC as a permanent member of the United Nations Security Council.
“The relationship between the DRC and France is fueled by a special relationship. That of the Francophonie” hinted the VPM She. The defense of the French language requires an investment in culture, because language is an important vector and facilitates the establishment of French companies in the DRC, said the boss of the Congolese Diplomacy … read more …
- Litigation between DRC and Glencore (6/24/2018) Posted in: Local news
KCC litigation: an agreement found between GECAMINES and Katanga Mining
The Congolese mining company GECAMINES reached an agreement on Tuesday with Katanga Mining, a subsidiary of Glencore with which the Congolese General Mines conflicted in the management of dividends generated by the mining company Kamoto Cooper Company (KCC).
A statement released Wednesday by GECAMINES speaks of a new win-win partnership.
According to this agreement, GECAMINES will begin to collect for the first time from fiscal year 2019 dividends cumulatively estimated at more than two billion US dollars. The Congolese mining giant will also benefit from a significant increase in the valuation of its stake in KCC which, the statement said, was zero because of the high level of indebtedness of KCC … read more …
- Launch of Capacity Building Project for DRC Integration in COMESA (6/24/2018) Posted in: Local news
The Capacity Building Project for the Implementation of DRC Regional Integration in the Common Market for Eastern and Southern Africa (COMESA) Free Trade was launched on Tuesday, June 5 in Kinshasa.
According to finance minister Henri Yav Mulang, who kicked off the project, the DRC’s geostrategic position in the heart of Africa is destined to play a major role in sub-regional economic complexes.
The specific objective of the project launched is to strengthen, among others, the capacities of the Congolese Control Office (OCC), to contribute to the effective implementation of the Simplified Trade Regime and to strengthen the capacities of customs personnel and other actors … read more …
- Katanga: Launch of Kasumbalesa Dry Port Works (6/24/2018) Posted in: Local news
Katanga: Kasumbalesa dry port launched at a cost of $ 300 million, 5,000 jobs expected
Head of State Joseph Kabila Kabange launched Friday, June 1, 2018, the construction of the dry port of Kasumbalesa, in the province of Upper Katanga, a project led by the Multimodal Freight Management Office (OGEFREM).
In his address, the general manager of OGEFREM justified the choice of Kasumbalesa for the construction of this dry port, because of the strategic position occupied by this city … read more …