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DRC: Rawsur and Rawsur Life headquarters inaugurated in Kinshasa

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RAWSUR SA and RAWSUR LIFE SA are among the first companies to obtain approval from the Insurance Regulatory and Supervisory Authority (ARCA). This allowed the group Rawji, owner of these two companies, to proceed to their inauguration, Monday, June 10, 2019, in their headquarters located on the boulevard of June 30 in front of the cemetery of Gombe.

Why two insurance companies?

This is to comply with the Insurance Code which requires that the insurance of various risks and life be contacted by two separate legal entities. According to the official explanations, each of these two institutions offers different services.

RAWSUR SA offers a range of non-life insurance products, called P & C. It will provide coverage for property. This is the case of citing civil liability, motor insurance, fire, all risks construction site, transport of goods for import, travel insurance.

There are also specific risks related to the mining sector, hydrocarbons, agriculture and renewable energy.

RAWSUR LIFE SA, will provide coverage for risks related to the life of human capital. For this life branch, they will offer different retirement products related to life, planning and investment of capital.

Apart from Kinshasa, these two insurance companies will cover the West, East and Greater Katanga areas.

Innovations and peculiarities

“The two companies are revolutionizing the insurance market by paying particular attention to the treatment of any customer demand and the rapid settlement of claims, customer experience, experienced human skills with expertise and technical sophistication, the system of last generation information”, said Zain Rawji, CEO of RAWSUR SA.

They set up a training strategy for the benefit of employees, which explains the creation of an academy to train new recruits

Four values ​​constitute their identity: “trust, innovation, excellence, respect.”

RE(READ) : « bank-insurance », RAWSUR LIFE willing to collaborate with the banking sector

With these two insurance companies, this is the beginning of an economic era, said Yashwin Hawoldard, Managing Director of RAWSUR LIFE SA. Because, they will create direct and indirect jobs by the different professions related to insurance. They will also support access to health care.

To get off to a good start, these two insurance companies have injected as capital for each of them an amount of 10,000,000,000 CDF.

Nadine FULA

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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.

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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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