The latest news takes us to New York, where the President of the Republic Félix Antoine Tshisekedi Tshilombo participated in the Global Africa Business Initiative (GABI). This conference, focused on promoting sustainable economic growth in Africa, provided a platform to discuss investment opportunities on the continent and the role of the Democratic Republic of Congo (DRC) in the global energy transition.
During the special panel dedicated to investment opportunities in Africa, President Tshisekedi highlighted his vision of local transformation of natural resources. He notably mentioned the particular case of the DRC, which took the decision to build a local value chain for its precious minerals such as copper, cobalt, lithium and manganese. Indeed, the DRC wishes to develop these resources on its territory rather than exporting them raw.
President Tshisekedi also shared the DRC’s projects in the field of batteries for electric vehicles. He announced the creation of a battery production factory in collaboration with Zambia, with financial and technological support from the United States of America. This initiative is part of the DRC’s desire to become a major player in the battery market, by exploiting its significant reserves of minerals necessary for their manufacture.
This participation in the GABI was an opportunity for President Tshisekedi to call on investors to come to the DRC to support this new industrial vision and contribute to the country’s economic growth. He underlined the importance of GABI as a platform for promoting business in Africa and met project leaders for the valorization of strategic minerals from the DRC.
This meeting also brought together Congolese stakeholders in the cobalt ecosystem, such as the Congolese Battery Council, the General Cobalt Company and the Presidential Strategic Watch Council. They were able to discuss with the Head of State the challenges and opportunities linked to the responsible and sustainable exploitation of these resources.
This participation of President Tshisekedi in GABI demonstrates his commitment to promoting economic growth in the DRC and attracting investments in key sectors such as energy and natural resources. With its vision of local transformation and mineral valorization, the DRC aspires to become a key player on the African and global economic scene.
This presence of President Tshisekedi at an international conference of this scale is also a positive sign of the DRC’s openness to foreign investment and cooperation with other countries to promote the sustainable development of the African continent..
The Global Africa Business Initiative is part of the efforts made by the DRC to diversify its economy, reduce its dependence on exports of raw materials and stimulate economic growth through the creation of local jobs and the promotion of innovation technological.
In conclusion, President Tshisekedi’s participation in GABI underlines his determination to transform the Congolese economy and take advantage of the country’s natural resources to promote sustainable and inclusive development. The DRC is positioned as a key player in the energy transition and battery production, thus offering attractive investment opportunities for international entrepreneurs and investors.