Equity Group has organized an Investors’ Roadshow in Kinshasa, DRC, ending March 8, to showcase trade and investment opportunities within the East African Community (EAC) region.
The roadshow marks the fourth installment of events organized by Equity Group in the DRC.
About 500 investors from 20 countries worldwide are participating to explore potential investment avenues in Kinshasa and Lubumbashi.
The initiative seeks to position the DRC and the East African Region as significant global trade and investment hubs.
The Minister of Industry in the DRC, Julien Paluku, says key sectors ripe for investment in the country include agriculture, energy, mining, infrastructure, and establishing a railway network.
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Despite challenges, she described the DRC as a stable nation with vast potential, characterized by rapid economic expansion.
“DRC boasts an array of investment opportunities, underpinned by our vast population and abundant arable land.”
“Our government continues to implement measures to foster a conducive environment for investment and I invite you to join us in discovering and capitalizing on the wealth of opportunities that await in the DRC,” she added.
On his part, the World Bank Country Director in the DRC, Albert Zeufack, highlighted the remarkable economic growth occurring in the country, labeling it as one of the most notable growth stories in sub-Saharan Africa.
He emphasized the vast potential of the DRC, characterized by its expansive territory and rapid economic expansion.
Zeufack stressed the importance of diversification to unlock the economy's full potential, citing opportunities in mining, agriculture, and value chain creation.
He invited investors to capitalize on the abundant opportunities in the DRC and participate in shaping its vibrant economy, emphasizing its attractiveness as an investment destination both presently and in the future.
Equity Group Managing Director and CEO James Mwangi highlighted the organization’s leadership in organizing trade missions and investors’ roadshows over the past three years to promote investment opportunities in Kenya, the DRC, and the wider East African region.
He emphasized aligning these initiatives with Equity Group’s vision of driving socio-economic prosperity across Africa.
Mwangi underscored the significance of the March 2024 Investors’ Roadshow, providing foreign investors with a vital platform to explore opportunities in the DRC.
On the other hand, Equity BCDC Managing Director Celestin Mukeba highlighted the significant transformation in the banking industry in the DRC over the years, emphasizing its role in driving investment and economic growth.
He expressed dedication to showcasing the vast potential of the DRC to global investors, building upon initiatives such as the Africa Recovery and Resilience Plan.
Mukeba emphasized Equity’s role in connecting investors with the right opportunities through the investors’ roadshow.
“We stand ready to provide the necessary financial support and expertise to empower entrepreneurs and investors seeking to capitalize on the boundless opportunities present in the DRC. Together, let us embark on a journey of growth, prosperity, and shared success in the Democratic Republic of Congo,” she stated.
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