Title: The KBM, a major event to stimulate the region’s economy
Introduction :
The Forum Katanga Business Meeting (KBM) opened in Lubumbashi, Democratic Republic of Congo, to discuss the definition of a new coordinated and integrated economic policy. This annual event brings together companies from different sectors of Haut-Katanga and aims to share knowledge and experiences to develop the region’s economy. In this article, we will explore some of the themes covered at KBM and highlight the importance of this event in boosting the local economy.
Define a new coordinated and integrated economic policy:
One of the main topics of discussion at the KBM is the definition of a new coordinated and integrated economic policy. Participants discussed the need to find solutions to the economic challenges facing the region, such as access to finance, infrastructure development and the promotion of local entrepreneurship.
The role of public and private institutions:
During panels and conferences, representatives of public and private institutions shared their ideas and experiences to support the economic development of the region. Organizations such as the Industry Promotion Fund (FPI) and the National Agency for the Promotion of Investments (ANAPI) presented their financing solutions and reforms aimed at improving the business climate and encouraging investments.
Special economic zones as an engine of growth:
Another highlight of the KBM was the discussion on the potential of special economic zones (SEZs) to boost economic growth. Participants underlined the importance of developing well-structured SEZs, integrated into the local economic fabric and oriented towards exports. They also took up the challenge of local processing of raw materials to stimulate the local economy and create jobs.
The role of banks in financing projects:
Managers of financial institutions also took part in the discussions, highlighting the financing solutions available to support innovative projects. However, they stressed the need for companies to provide strong guarantees to access this financing. They also addressed the challenges of increasing interest rates and limited access to financing.
Conclusion :
The KBM is a key event for the economic development of the Haut-Katanga region. It offers a platform for exchange and reflection on the challenges and opportunities of the local economy. Discussions around the definition of a new coordinated and integrated economic policy, the role of public and private institutions, special economic zones and project financing reinforce the search for concrete solutions to stimulate economic growth in the region. The KBM thus plays an important role in promoting local entrepreneurship, job creation and sustainable economic development.