NEWS & PRESS

FIRST-EVER PRIVATE INVESTMENT CONFERENCE FOR THE GREAT LAKES REGION CONCLUDES AFTER PARTICIPATION FROM DRC PRESIDENT JOSEPH KABILA, UN GENERAL SECRETARY BAN KI-MOON AND AFRICAN LEADERS

Event convened investors from across the globe to highlight investment opportunities in the region

KINSHASA – The first-ever Private Sector Investment Conference (PSIC) for the Great Lakes Region concluded today in Kinshasa after participation from President Joseph Kabila, UN General Secretary Ban Ki-moon and several heads of state and government from across the region.

The conference was held in the DRC’s capital city from February 24-25, and brought together investors from across the globe to (1) showcase a variety of promising business opportunities in the region; (2) inform existing and potential investors on the investment climate, security situation and available financing options; and (3) promote networking opportunities among attendees to help stimulate new partnerships that can help catalyze further development in the DRC and beyond.

Addressing the opening session of the conference, DRC President Joseph Kabila called for more integration among the economies of sub-Saharan Africa to help move beyond conflicts of the past and rebuild trust. Reminding participants that "The great enemy in the Great Lakes region is poverty,” President Kabila encouraged collaboration to capitalize on the region's vast potential and promote growth.

Also participating in the opening session, UN Secretary General Ban Ki-moon highlighted the importance of providing more opportunities to the people of the Great Lakes region so they can more effectively use their abundant natural resources to solve the underlying causes of conflict and help transform the region.

““Together, you have begun identifying regional investment opportunities, reviewing the investment climate, and beginning a dialogue between public and private sectors on how best to move forward,” he said. “But it will not happen on its own. Everyone must play a part.”

“This conference succeeded in bringing together leaders from across the region to champion the many potential investments and partnerships that exist in the Great Lakes region,” said DRC Director of the National Agency for Investment Promotion (ANAPI). “The DRC hopes that the dialogues, workshops and activities of this event to help to activate economic cooperation, expand trade opportunities and stimulate job creation to bring about long-term stability and peace in the region.”

The Private Sector Investment Conference featured a number of interactive and informative sessions with high-level speakers from the public and private sectors. Attendees had the opportunity to hear first-hand from leading businesses in the region, and had direct access to political leaders who shared their perspectives on the strides being made to promote a secure and competitive business climate. They also met with representatives from financial institutions and development agencies who addressed available funding options.

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