Fatshimetrie
Albert Zeufack, eminent economist and World Bank country representative in the Democratic Republic of Congo, recently highlighted the major economic assets of this booming country. His speech at a Business cocktail entitled “Investing in the DRC”, which was held on Thursday, October 17, 2024 in Brussels, on the sidelines of the 10th Rebranding Africa Forum, aroused particular interest.
According to Albert Zeufack, the Democratic Republic of Congo, rich in its many natural resources, has a major geostrategic role to play in becoming an engine of growth for the entire African continent. He highlighted the diversity of wealth present in the country and underlined its strong investment potential.
The economist particularly insisted on the need to support the DRC in an economic diversification strategy, highlighting the agricultural sector as a promising development path. He stressed the importance of adding value to the mining sector and promoting agribusiness development.
He also recalled that agricultural development is a priority for the World Bank in the DRC. Currently, the World Bank’s investment portfolio in the country stands at $7.3 billion, with prospects of reaching $9.5 billion if ongoing projects come to fruition, including budget support and the Inga project.
This optimistic and constructive vision of Albert Zeufack underlines the crucial importance of focusing on the economic potential of the Democratic Republic of Congo and actively supporting its development. His analysis highlights the unique opportunities that this country offers to investors as well as the key actions to be put in place to ensure sustainable and inclusive growth.
In conclusion, Albert Zeufack’s speech reaffirms the importance of fully exploiting the resources and potential of the DRC, while encouraging economic players to engage in innovative and promising initiatives for this country in the heart of Africa.