Browsing: Congo DRC

ANAPI/DRC

The government of the Democratic Republic of Congo (DRC) under President Félix-Antoine Tshisekedi has adopted a comprehensive strategy to fast-track economic development and attract investment to the country. Thus, through its Ministry of Planning, the government has established the National Agency for the Promotion of Investments, more commonly known by the acronym ANAPI.…

  • DRC’s agriculture and vast extractive industry are prime targets for global investors. UAE investors have already struck a deal with the Kivu and Maniema Gold Company (SAKIMA).
  • Investors can expect huge returns with DRC estimated to be Africa’s fastest growing economy at 4.7% this year.
  • Through reforms, Kinshasa has cut business opening process to just three days.

While global economic growth is projected to average between 2.7% and 3.2%, the Democratic Republic of Congo (DRC) will be Africa’s fastest growing economy posting 4 percent jump this year.

This high rate of economic growth is getting the eye of investors from across the globe who are eyeing DRC’s promising returns in investments. Which begs the question: What is driving investors into DRC? I set out to find out why.

DRC’s key investment areas

According to this year’s Africa’s Macroeconomic Performance and Outlook report by the African Development Bank Group (AfDB), the …

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.