Fatshimetrie
The Democratic Republic of Congo (DRC) recently attracted the interest of Canadian investors at the “Africa Accelerating 2024” forum held in Ottawa. Prime Minister Judith Suminwa extended an invitation to Canadian entrepreneurs, encouraging them to invest in a country rich in natural and human resources.
During this event organized by the Canada-Africa Chamber of Commerce in collaboration with the Canadian government, Judith Suminwa praised the DRC’s economic assets and called for enhanced cooperation on sustainable development. She highlighted the transformation of the country, which was once seen as a fragile giant, to become a land of investment for a better future.
This prospect opens up interesting opportunities for foreign investors, but also raises questions about what measures should be taken to attract more capital to the DRC.
To analyze this invitation and the country’s economic development levers, we sought the advice of three experts:
– Fabrice Ngabo, expert in taxation and finance: According to him, the DRC must establish an environment favorable to foreign investments, by guaranteeing political and legal stability, as well as by offering attractive tax incentives.
– Daddy Saleh, professor and development specialist: He emphasizes the importance of investing in infrastructure and education to strengthen the country’s human capital, which will help attract more investors in the long term.
– Lems Kamwanya, economist: Former Deputy Chief of Staff at the Ministry of Transport and Communication, he emphasizes the importance of transparency in financial transactions and calls for increased collaboration between the public and private sectors to promote the DRC’s economic development.
In conclusion, Prime Minister Judith Suminwa’s invitation to Canadian investors represents a unique opportunity for the DRC to boost its economy and promote sustainable development. To do this, the country will have to implement structural reforms and create an environment conducive to foreign investment, while ensuring that these investments benefit the entire Congolese population.