Browsing: child soldiers in DRC

It is important to outline how the DRC stands to become a crucial investment hub in Africa. Foreign and domestic private entities reserve the right to establish business ventures across the nation and engage in all forms of remunerative operations, this is according to the US State Department as it outlines its engagement strategy with the country.

The DRC’s investment agency—the National Agency for Investment Promotion (ANAPI) provides essential facilitation services for initial investments over US$200,000 and is responsible for simplifying the investment process, make procedures more transparent, assist new foreign investors and improve the business image of the DRC—as the investment destination. 

The DRC has potential sectors that are essential for investment and boosting the nation’s economic landscape for the betterment of the region. The sectors do not only create enough revenue to expand the welfare of the population, but create sustainable systems that creates millions of job opportunities. 

• In 2020, the DRC imported goods of over US$333 million from Belgium, with products such as blood, vaccines, refined petroleum and packaged medicaments topping the imports
• Including the DRC in the EAC provides Belgium with almost all the imports they source from Africa from one region, the East African region
• The atrocities committed by King Leopold II are dragging the relationship between these two countries

The war between Russia and Ukraine is shifting the focus of European countries to Africa as an alternative market for gas and food products. Among the relationships that have registered an upward trend is a partnership between the Democratic Republic of Congo and Belgium.

The trade relationship between the two countries has been in existence for decades now, performing well economically. In 2020, the Democratic Republic of Congo (DRC) imported goods of over US$333 million from Belgium, with products such as blood, vaccines, refined petroleum…