Fatshimetrie has just published an in-depth analysis on the challenges faced by businesses in the Democratic Republic of Congo in terms of business climate, power cuts and digitalization. The conclusions leave no doubt about the significant obstacles that Congolese entrepreneurs have to face on a daily basis.
The report shows that setting up a business in the DRC can be a real obstacle course, with registration times that can extend over several weeks or even months. This administrative complexity constitutes a major obstacle to the development of the private sector in the country.
As for power cuts, the phenomenon is unfortunately commonplace in the DRC, directly impacting the productivity and profitability of businesses. Concrete examples of companies such as Ivanhoe Mines, forced to reduce their production forecasts due to the instability of energy supplies, testify to the scale of the problem.
Furthermore, digitalization, a crucial element of economic competitiveness in the modern era, remains a work in progress in the DRC. The lack of advanced digital infrastructure and qualified human resources is an additional obstacle to the development of online public services.
Faced with these alarming findings, it is imperative that the Congolese authorities take concrete measures to improve the business climate, ensure a reliable electricity supply and accelerate the transition to a digital economy. Reforms must be implemented effectively and coherently, in order to stimulate private investment and promote the country’s economic growth.
In conclusion, the DRC must resolutely commit to modernizing and simplifying administrative procedures, making energy supplies more reliable and strengthening digital infrastructure. It is by creating an environment conducive to business that the country will be able to fully exploit its economic potential and offer new opportunities to local and international entrepreneurs.