Xerof
Flaming 1967
*Fyi, The following is likely to make you all want to either
Launch of the work of the 2ᵉ country risk conference 2023
View attachment 39023
The Prime Minister, Jean-Michel Sama Lukonde, opened, this Wednesday, June 28, 2023, the second edition of the Country Risk Conference of the Democratic Republic of Congo for the year 2023, in Kinshasa.
Organized by the Ministry of Finance, this conference is an important moment to review the 2023 Country Risk Study report, which aims to map the country's investment risks, a report prepared by Bloomfield investment corporation (BIC), a pan-African rating agency.
Presenting the results of the study, the Chairman and CEO of Bloomfield investment corporation, Stanislas Zeze, combed through the five important elements that have made it possible to better understand the risks that the DRC represents in terms of investments.
These include the business climate, macroeconomic performance achieved by the Government, public finance management, the soundness of the financial system and socio-political risk.
Basically, the Democratic Republic of the Congo improved its rating from 5.1 in 2022 to 5.5 in 2023.
This represents an increase of 40 points.
A positive note which places the DRC in a position of moderate risk for investments.
The Democratic Republic of Congo does not present any obstacle to investments even if a lot of efforts are to be made in improving the business climate.
The Minister of Finance, Nicolas Kazadi, who reacted to this study, was satisfied with the progress made in the DRC.
For him, this positive rating obtained is sufficient testimony to the efforts made by the Sama Lukonde Government in several sectors.
The DRC is therefore on a very positive dynamic economically.
Officially opening the work of this conference, the Prime Minister, Jean-Michel Sama Lukonde thanked the Bloomfield Investment Corporation Agency for the honesty and transparency with which it conducted this study.
The Head of Government welcomed the positive note obtained by the DRC.
However, he stressed the need to place particular emphasis on investments with the private sector.
“I would like to thank Mr. Stanislas Zeze for a second time that he paints us a clear picture of what is the investment risk here in our country.
I salute the honesty with which he made this assessment.
Here is an opportunity for us to look in the mirror and assess how we can improve things where they have not been and project ourselves into a better future.
I would like here, after this evaluation that was given to us and this fortunately progressive rating, going from 5.1 to 5.5, and therefore an increase of 40 points, to mention that the Government's effort to improve not only the business climate, but especially our investment potential, goes in the direction of answering a social question at the highest level, that of the creation of jobs and the creation of wealth.
Here it goes through the diversification of our economy.
We recognize that beyond the efforts we make, the real answer will come from the private sector with the investments we expect.
This is why we are here, to talk about precisely this, the investments that must be made,” said Prime Minister Jean-Michel Sama Lukonde.
It should be noted that this conference gives the floor to key players in the socio-economic environment, during open debates through four panels addressing the main issues raised in the country risk report.
It is therefore a question of leading to reflections making it possible to generate solutions on the various aspects mentioned in the DRC 2023 country risk report.
mediacongo
*Sounds like someone needs to "Enlighten" the Chairman / CEO of Bloomfield investment corporation, Stanislas Zeze on AVZ / Manono imo
Food for thought
Frank
Bloomfield appears to be the only African based 'rating agency', based in Ivory Coast. Fuck me, what an endorsement that must be. Go Sama, you're absolutely on fire
@Frank a range of emotions - first I
, then , then
then thought what a pile of
