Financing tourism in the Democratic Republic of Congo (DRC) is a crucial subject that requires an innovative approach. In this context, the intervention of Alain Kaninda, Director General of the Insurance Regulatory and Control Authority in the DRC (ARCA), takes on its full meaning. During the Congolese Tourism Week, he highlighted the importance of the insurance sector in financially supporting tourism in the DRC.
By relying on the ecosystem of tourist villages, Alain Kaninda proposes an innovative approach consisting of developing a varied range of insurance products. These products could generate revenues intended to sustainably finance the tourism sector in the DRC. He highlights the potential of insurance as a catalyst for investment and financing in the Congolese economy.
Alain Kaninda’s intervention highlights the essential role of insurance in global economic development. Indeed, he emphasizes that, on a global scale, insurers play a key role in terms of investments. Contrary to the widespread idea that banks are the main actors in financing, Alain Kaninda highlights the catalytic role of insurance through its ability to mobilize savings and put them at the service of the economy.
The liberalization of the insurance sector in the DRC is presented as a major opportunity for financing tourism. Alain Kaninda emphasizes that insurance has a dual role: protecting individuals and households, while contributing to economic development by guaranteeing the security of investments. This comprehensive approach helps create a favorable business climate and promote the emergence of new economic sectors, including tourism.
In conclusion, Alain Kaninda’s intervention highlights the still largely underexploited potential of the insurance sector in financing tourism in the DRC. By adopting a proactive and innovative approach, it is possible to create beneficial synergies for the Congolese economy as a whole. Close collaboration between the insurance sector, tourism companies and public authorities could open up new perspectives for sustainable development of tourism in the DRC.