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DRC: how to develop relationships that lead to success for African entrepreneurs?

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DRC: how to develop relationships that lead to success for African entrepreneurs

The Congo Business Network International Network held an online event on July 6, 2019 on Cisco WebEx from 5pm to 7pm in Kinshasa. The theme of this session was “Strategic Partnerships: How to Build Relationships That Lead to Success for African Entrepreneurs ?

The purpose of this conference was to give the floor to Professor Jeff Reuer to talk to Congolese entrepreneurs and those in other African countries about what they need to do to develop strategic partnerships that lead to success in the business world.

In the business world, relationships are the most important benefit an entrepreneur can have, whether with investors, customers, suppliers or collaborators.

Marc Luanghy, an intellectual property expert and a member of the Congo Business Network, was among the participants at this event, which was organized through LinkedIn Events and Cisco WebEx. He is the founder of IP Stance, an intellectual property consulting firm based in Geneva, Switzerland.

The firm specializes in supporting entrepreneurs, research centers and start-ups in the strategic use of intellectual property to grow the value of their activities. IP Stance helps customers protect their businesses, commercially exploit intellectual property and enforce their rights.

During the event, Marc Luanghy advised participants to know that the majority of entrepreneurs do not know where the value of their activities really lies. Nowadays, intangible assets are by far the most valuable assets that a company can possess.

To gain and maintain a competitive advantage over its competitors, it is imperative to consider a strategic use of its intellectual property. It alone will allow you to enjoy multiple benefits. This is all the more relevant when concluding a strategic partnership; in these situations, any prudent entrepreneur must take into consideration:

  1. The valuation of the intellectual property portfolio resulting directly from the trade with exposure risk during the collaboration. In this case, it is important to audit the intellectual property of your company before you engage in a formal strategic partnership. In this way, you will know first and foremost what is in your possession and possibly at risk.
  2. Anticipating risks and identifying new intellectual property assets that may arise as a result of the collaboration. Primarily, the contractor needs to evaluate plausible and realistic scenarios from such collaboration, and listing and evaluating them will help you identify new IP assets to consider.
  3. Negotiation and protocol around this new asset class. When concluding your partnership agreement, do not neglect the discussion about the control and management of new intellectual property assets directly derived from collaboration.

Congo Business Network is an international network of Congolese professionals and entrepreneurs. The network brings together experienced professionals and entrepreneurs in cities such as Hong Kong, Montreal, New York, Paris and Kinshasa.

Professionals work at companies such as Microsoft, BNP Paribas, Deloitte, Airbnb and Société Générale. The organization is led by a former US Army soldier, Noel K. Tshiani, president of Agere Global, a New York-based investment advisory and trading strategy firm.

The sponsors and partners of this session were Sodeico, led by Djo Moupondo based in Kinshasa; Nzuri Market, chaired by Blaise Biringanine based in Amsterdam; and Ebutelo, under the direction of Pierre Kabamba basé in Kinshasa.

Eco Zoom

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Dikembe Mutombo, NBA legend, passes away at age 58

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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

 

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World: 83% of the non-electrified population live in Africa

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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

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DRC: Egyptian Ambassador Hesham El Mekwad pays a courtesy visit to ANAPI

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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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