breaking news
DRC: Ambroise Tshiyoyo pleads for an active “economic Francophonie”
The president of the Franco-Congolese Chamber of Commerce (CCIFC), Ambroise Tshiyoyo pleaded for an active and powerful “Francophonie economique”. This implies that Europe and France are rethinking economic cooperation structures with Africa and the DRC by directing, he recommended, financial resources towards the private sector, the only creator of wealth and jobs, and by Therefore true development engine.
“Such an orientation of the economic Francophonie would, from our point of view, constitute a real economic lever for African countries in general and an initial response to the question of illegal immigration, which is at the root of the tragedy that is being played out today. in the Mediterranean”, he said in his words of circumstance, at the opening of the sixth French Week in Kinshasa.
Indeed, this argument is based on the weakness according to which the volume of commercial transactions between the DRC and France reflects neither the excellence of the institutional relations, nor the quality of the cultural affinities between the two countries.
At the CCIFC, the official instrument of economic cooperation between France and the DRC, efforts are being made and hopes remain valid.
“There is a way to do better if we put in place a win-win partnership to, on the one hand, give the European (French) industry a chance to breathe new life, and on the other hand to allow our economy to become competitive through the appropriation of new technologies and the installation of the value chain”, said Ambroise Tshiyoyo.
Some of the reforms undertaken by the government at the normative, regulatory and even legislative level to improve somewhat the climate of the Businesses are hailed by the CCIF and many other operators as well as partners of the development.
If they combined with the good performance of public finances by making the DRC maintain the stability of the macroeconomic framework, the latter remains very fragile due to the almost chronic dependence on the extractive sector, itself exposed to the vagaries of the markets. international commodity prices.
Ouverture de la 6e édition de la Semaine #française de #Kinshasa le 12/06. Jusqu’au 15/06, venez nous y rencontrer au #Pullman Hotel @Semainefrançaise2019 #SFK2019 #RDC #Congo @PepeleMobile pic.twitter.com/FCO3jp6Vlw
— Trust Merchant Bank (@TMB_CD) June 13, 2019
Hence, the need and the urgency to diversify the sources of income and install a value chain to integrate the largest segment of the population in the production chain and create a true Congolese middle class that will ensure growth sustainable and inclusive.
Ambroise Tshiyoyo took the opportunity to draw the attention of entrepreneurs and investors to other areas of interest for Diversification, Transformation for a New Momentum. This is the case of agribusiness, tourism, manufacturing, the industrial fishery, the forestry industry, etc.
“We remain convinced that the exploitation of all these sectors is the most effective way to ensure the resilience and inclusivity of our economy; and enable the DRC to play its proper role in the development of the economies of Africa as a whole. The DRC, should not continue to be considered only as a market, we must build an economy that brings something to the rest of the world and this can only be done through the diversification and installation of the value chain”, he pleaded.
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
-
breaking news5 ans agoDRC: dam Zongo II, a project poorly evaluated technically and financially (study)
-
breaking news5 ans agoDRC: Government incorporates IDEF into the cost of airfare
-
breaking news5 ans agoDRC: International Banker Awards SOFIBANQUE Two 2019 Best Bank Awards
-
Banks5 ans agoDRC: Equity Bank strengthens its partnership with VISA inc.
-
breaking news5 ans agoDRC: Dandy Matata calls for a state of emergency in the education sector
-
breaking news5 ans agoDRC: Polaris Group in the Emirates wishes to invest in the agricultural sector
-
breaking news5 ans agoDRC: DIVO launches renovations to the Tata Raphael stadium
-
breaking news5 ans agoDRC: Government hires developer for Maluku Special Economic Zone