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Home Economy/Technology

DRC is ripe for business

DRC

The Matters Press by The Matters Press
April 3, 2023
Reading Time: 1 min read
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DRC is ripe for business

Business leaders from East Africa say that the Democratic Republic of Congo is ripe for business following commitments by Kinshasa that it is reviewing regulations to ease doing business in the country.

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Executives who spoke at the inaugural Nation Media Group East African Business Conference and Trade Fair in Kinshasa at the end of the week expressed optimism with the reforms that the Felix Tshisekedi administration has instituted to facilitate investment in the country that has suffered decades of political uncertainty.

In his keynote address at the event, Congolese Government Spokesman Patrick Muyaya assured investors of the changing investment climate in the country, noting that the time had come for Congo to be defined by other issues than violence.

“There are enormous opportunities in DRC, we have a president who is changing the story of the country. We’ve changed laws to capture the aspirations of our citizens,” said Mr Muyaya, who is also the Communications minister.

“The war must be considered as one of the challenges to be overcome. We have problems in the east of the country and we have a problem with Rwanda, but we have to coexist and all these shall pass,” the minister said.

“We acknowledge the problem and that’s where we will start.”

Published by The EastAfrican

Tags: DRC
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