Tshisekedi to woo investors at Africa CEO Forum

18Mar 2019
The Guardian Reporter
DAR ES SALAAM
The Guardian
Tshisekedi to woo investors at Africa CEO Forum

PRESIDENT of the Democratic Republic of Congo (DRC) Félix Tshisekedi is scheduled to participate in the Africa CEO Forum next week in the Rwandan capital, Kigali, where he will present his economic recovery plan to investors.

PRESIDENT of the Democratic Republic of Congo (DRC) Félix Tshisekedi.

A statement released yesterday by the organizers of the forum said the recently elected Head of State is expected to use the two-day event—March 25 and 26—to woo international investors to the natural resource rich country.

The DRC is faced with challenges ranging from diversifying an economy that is highly dependent on the mining sector to developing the country’s infrastructure and agriculture, fighting mass unemployment, and improving the business climate to spur investments, the statement underlined.

The Africa CEO Forum will enable President Tshisekedi to present his economic recovery plan to the community of international investors and business leaders gathered in Kigali,” it said.

The President of Togo, Faure Gnassingbé is also scheduled to participate in the 7th edition of the forum, it said.

“He will present his 2018-2022 national development plan before an audience of 1,500 business leaders and investors from Africa and around the world,” the statement noted.

From positioning Togo as a top-tier logistics and financial hub, to stepping up the development of agricultural, manufacturing and mining business clusters, consolidating social development and shoring up mechanisms for inclusion will be the key levers of his presentation, it said.

First is the National Development Plan (NDP) intended to drive the structural transformation of the Togolese economy. Scheduled to span from 2018 to 2022, the plan's implementation is expected to be 65 per cent financed by the private sector.

“In light of this need, the Togolese Head of State will present his plan’s objectives and projects before an audience of business leaders, donors and investors gathered for the Invest in Togo session,” it elaborated.

The Africa CEO Forum is an international gathering of African private sector decision-makers and financiers.

At its previous edition in Abidjan, Côte d'Ivoire, in March 2018, it brought together 1,500 business leaders, public decision-makers and investors from Africa and around the world for two days of discussions around the need to transform African champions in the face of international competition.

The Forum is organised by the Jeune Afrique Media Group, publisher of Jeune Afrique and Africa Report and by Rainbow Unlimited, a Swiss company specialising in the organisation of economic promotion events.

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