breaking news
Vincent Mwepu: “Activa Assurance aims to cover the DRC in three years”
Activa Assurance aims to cover Congolese national territory over a period of three years. This was announced by the general manager of this insurance company, Vincent Mwepu. He is delighted that this pan-African society brings, for the benefit of the Congolese, its expertise and its 21-year-old African experience.
“A liberalization in a sector like this after 50 years of monopoly is still something non-negligible. I am proud to build this story to be able to bring products adapted to the Congolese population. I know that this sector will contribute a lot to the economic development of the DRC, “said Vincent Mwepu in a recent interview with Zoom Eco.
Indeed, the potential of the Congolese market is estimated at 5 billion US dollars for the next ten years, whereas currently the Congolese insurance market is estimated at 71 to 80 million USD of volume of premiums. According to SONAS official figures, this level represents a penetration rate of less than 0.5% (making the volume of premiums in relation to the country’s GDP).
In this environment, Activa RDC is among the first insurance companies to have obtained the approval of the Authority for Regulation and Control of Insurance (ARCA) in the DRC. It is preparing to launch its offer of insurance products adapted to the needs of the market and accessible to scholarships of Congolese citizens.
“We hope to open the office to the general public at the end of May or the beginning of June. Activa DRC will start in Kinshasa, the capital by taking advantage of the various distribution points (brokerage and intermediary as well as our direct network). And we will spread across the country to materialize the ambition to participate in the development of the country and the well-being of the Congolese, “said Vincent Mwepu.
Activa’s action is based on values such as listening to the customer, responsiveness, commitment, innovation and availability. The search for customer satisfaction has pushed this company to earn ISO 90001 certification, which has been successfully renewed three times in a row.
The common challenge with the ARCA remains the awareness of the Congolese population on the importance of having insurance in their daily lives.
“It’s true that we have to start from scratch. We will put the bases. Insurance is done primarily to protect property and people. So, we will explain and use all possible channels to give assurance to all, “reassured the Director General of Activa DRC.
Eric TSHIKUMA
The NBA is mourning the loss of one of its greatest defensive icons. Dikembe Mutombo, the former 7-foot-2 center, passed away at the age of 58 due to a brain cancer, as reported by The Athletic on Monday, September 30.
A defensive record-holder
Born in the Democratic Republic of Congo, Mutombo left an indelible mark on the NBA with his exceptional defensive skills. During his career, he won the Defensive Player of the Year award four times (1995, 1997, 1998, 2001), a record he shares with Ben Wallace and Rudy Gobert. Gobert, in achieving this feat, highlighted the legacy Mutombo left on the game.
Drafted in 1991 by the Denver Nuggets, Mutombo went on to play for several notable teams, including the Atlanta Hawks, Philadelphia 76ers, New Jersey Nets, New York Knicks, and finally the Houston Rockets, where he retired in 2009.
A life of commitment beyond basketball
Although Mutombo never won an NBA championship, with two finals losses (in 2001 with the 76ers and 2003 with the Nets), he was inducted into the Hall of Fame in 2015. Beyond his impressive sports career, he dedicated his life to humanitarian efforts, particularly in Africa. He worked tirelessly to develop basketball across the continent and to help those in need.
NBA Commissioner Adam Silver praised his contributions in a statement: “Dikembe dedicated his life to helping others. He was not only a great player but also a global ambassador for basketball and a humanitarian. His commitment to the community, especially in his native Congo, will be forever remembered.”
Mutombo’s legacy continues to inspire generations of players and humanitarians around the world.
ZoomEco
Africa is home to 83% of the world’s non-electrified population. A thundering paradox, given the continent’s immense hydroelectric potential.
The continent faces a shortage of affordable, reliable and sustainable energy. A think tank dedicated to the development of long-term public and energy policies points out that this is holding back the momentum of individuals and companies alike.
According to the experts, the pace of electrification needs to triple in order to absorb this deficit, rethink several economic models, and put Africans on the path to prosperity.
Dynamic project vehicles on the move
The World Bank Group has pledged to connect 250 million people to electricity, while the African Development Bank (AfDB) will do the same for a further 50 million.
The World Bank Group’s investments are already providing the impetus needed to reach the target, illustrated in its ambitious “Mission 300” program.
East Africa
On Thursday September 25, 2024, Bruno Tshibangu Kabaji, Managing Director of the Agence Nationale pour la Promotion des Investissements (ANAPI), and Hesham El Mekwad, the Egyptian ambassador accredited to the Democratic Republic of Congo, exchanged views on investment and trade issues.
The Egyptian diplomat was accompanied by Adham Thabet, development cooperation advisor at the Embassy of the Arab Republic of Egypt.
Discussions between the two personalities focused in particular on the role of ANAPI as the body responsible for supporting investors in the DRC.
While stressing the need to increase economic and commercial cooperation between Egypt and the DRC, the two parties encouraged Egyptian investors to step up their presence in several fields in the DRC, notably energy, transport, infrastructure and agriculture, fisheries and livestock.
With this in mind, the Egyptian Ambassador expressed the wish to establish regular contacts with ANAPI to support this mutual ambition.
Nadine FULA
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