Titles:
▪️Expanded day to showcase trade and investment opportunities for the Democratic Republic of the Congo
▪️ A warm welcome from the Democratic Republic of the Congo to the Egyptian private sector
▪️ Huge opportunities in agriculture, mining, construction, and building in the Democratic Republic of the Congo
Yesterday,(EABA) was held under the chairmanship of Dr. yousrey El Sharkawi runs its expanded virtual conference Business Day for the Republic of Congo for the purpose of sharing, learning, brainstorming, networking, and building good relations between the private sector in the countries of the African continent with EABA with the aim of developing public and private entrepreneurship partnership that leads to profitable growth in the short, medium and long term.
Mohamed Sabah, Vice-Chairman of the International Trade and Foreign Relations Committee of the Association, confirmed that this expanded meeting was held with goals and a systematic strategy as follows:
Showcase the experiences of Congolese entrepreneurs within the East Asia and Pacific region, Africa and beyond.
Constant communication, nurturing profitable relationships and marketing services that Congolese businessmen can offer to their counterparts in Egypt and in Africa better penetrate the East Asia region, Africa and beyond.
Identify and attract potential foreign investors to the Democratic Republic of the Congo, Egypt and abroad to implement projects that are profitable for all partners.
Dr. Yousrey El-Sharkawy stated that the Democratic Republic of the Congo has important commercial participation and profitable trade relations with Egypt and all parts of the continent, and this is due to its affiliation with many regional economic blocs including the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa ( COMESA), and the Southern African Economic Community. Central African States (ECCAS) and the Economic Community of Great Lakes Countries (ECGC). This provides many incentives for foreign investors and they have huge potential in the fields of mining, agriculture, energy (hydroelectric), and infrastructure.
Elsharkawi stressed that from a purely economic point of view, the Democratic Republic of the Congo and Egypt, through the heads of state * President Sisi, the President, and Tshisekedi * recently agreed to strengthen relations and consolidate strategic cooperation in the political, economic, security and cultural fields as well as coordination between the two countries in the development of human capacities to support construction and energy projects and infrastructure, as well as increasing Egyptian investments in the Democratic Republic of the Congo and maximizing technical support. Last year, they reached an agreement to launch the Kinshasa expansion project by building a new city and administrative capital and two twin towers.
Elsharkawi stressed that the association promotes international trade and investment between all African countries and abroad to promote Africa’s African market.
This came in the speech of Dr. Al-Sharkawi, Chairman of the Board of Directors, and it was a welcoming speech to all the committee members, conference members, speakers, and attendees who hope to build and increase profitable relations between EABA, Africa, and the Democratic Republic of the Congo in a clear line that has been prepared in the short, medium and long term.
The conference was attended by 9 members from the Democratic Republic of the Congo, including the moderator of the session, Mr. Akhnaton Kaimbe, representative of the Egyptian-African Businessmen Association in Congo, and they are:
- Rudy Kilo – CEO, ODI Group.
- Patrick Palme – CEO of PalmTV.
- Jeremy Salvador – CEO of the Salvador Group.
- Tozi Kiako – Founder and Chairman of 4K Mineral Ltd.
- Olga Schira – CEO of OL-Waste Recyclage Sarl.
Dark Mboy – Coordinator of the National Institute of Vocational Preparation. - Kakol Mbomb is a fundraiser and strategist at the National Confederation of Young Entrepreneurs of the Congo.
- Didier Manzo – Director of Agrovolailles Multiservices.
- Akhenaten Kaembi – Creator and CEO of Deliver Express Logistics and EABA Country Representative.
The summary of the talk was about Ruddy Kielo – CEO of ODI Group’s request for a real need to invest in the ICT education sector in order to capitalize on this sector.
Patrick Palmy – CEO of PalmTV confirmed the penetration of the Maghreb region in order to take advantage of the importance of controlling and opening direct sales to companies.in the retail sectors
Mr. Jeremy Salvador – CEO of the Salvador Group spoke of a fair vision for investors coming from Egypt to take advantage of the competitive advantage in the business sector in the Democratic Republic of Congo.
Mr. Dark Mbwe – Coordinator of the National Institute for Vocational Preparation presented the vision of increasing cooperation between Egyptian investors and their institutions in order to provide quality training from the public and private sectors.
Kakel Mbumb and Didier Manzo respectively requested that funding from the National Union of Young Entrepreneurs of Congo and the management of Agrovolilles Multiservicces should see Egyptian investors bring in capital to benefit from the agricultural sector in the Democratic Republic of Congo due to the country’s high potential in arable land.
In the end, the conference came out with a number of recommendations, and the representative of the association in Congo expressed his sincere gratitude to the board of directors of the event and warmly invited investors working with EABA to visit the Democratic Republic of the Congo and benefit from building, increasing and developing a sustainable business, which makes Africa in general and the Democratic Republic of the Congo, in particular, more competitive and wonderful than By winning win relationships.
The next step as a vision of the relationship between the two countries.
There is an aspiration to increase investments between the two countries and to maximize technical and technological support.