Tuesday, 25 April 2017
HOT NEWS
ANAPI will take part at the DRC Mining Week which will be taking place in Lubumbashi on 23-24 June: DRC Mining Week is a well-established annual mining investment event aimed at creating an enabling environment to boost the industrialisation of the mining sector. The three-day programme will feature: a two-day conference for international and national stakeholders to gain knowledge and                                                    ANAPI will take part at the Annual Investment Meeting 2017: Annual Investment Meeting is a premier event focusing on foreign direct investment (FDI) in growing markets. It is the leading global platform aimed at facilitating strategic networking and promoting investments while providing a rich learning experience. It gathers the international                                                    Burey Gold expands in Kilo-Moto greenstone belt: Mining company Burey Gold inked an agreement with Emirati firm Medidoc FZE to buy a 60% onterest in Tendao project which comprises five exploration licences covering a total of 1,456 km², in North-Western part of DR Congo. The deal will                                                    AfDB and Japan to spend $3bn to boost growth in Africa: During the sixth edition of the Tokyo International Conference for Africa’s Development (TICAD VI) recently held in Nairobi, Kenya, the African Development Bank (AfDB) and the government of Japan signed a $3 billion agreement to boost growth in private sector                                                    DRC will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi: The Democratic Republic of Congo will take part at The Sixth Tokyo International Conference on African Development (TICAD VI) Summit in Nairobi, Kenya's capital. The delegation led by the Managing Director of the National Vocational Training Institute (INPP), Maurice Tshikuya                                                    kwilu: sensitization of executives of the public administration on the improvement of the business climate: Executives of the public administration and the private sector in the province of Kwilu and particularly those from Bandundu city, the capital of the province have been sensitized for two days on the reforms implemented to improve the business and                                                    Need to adapt the geological map of the DRC to the understanding of new minerals: Mr. Ikoli, Deputy Chief of Staff of the Minister of Mines, noted the need to adapt the old geological map of 1972 to the understanding of new minerals at the opening of the validation workshop of the new geological map                                                    FIKIN opens its doors this Saturday 16th of July 2016: The fair activities of Kinshasa for the year 2016 will start on Saturday, July 16 and close on 15th August, announced the Director General of the International Fair of Kinshasa (FIKIN), Eugene Bokopolo. The N ° 1 of FIKIN engaged with the                                                    The Government has committed to improving the income of farmers for agricultural growth of at least 6%: The Government of the Democratic Republic Congo is planning to sustainably promoteagricultural and food sectors in priority and develop the agri-business between 2015 and 2016. The aim is to improve farmers' incomes and achieve an agricultural growth of at least 6%                                                    The African Development Bank (BAD) approves a grant of US $ 11 million for DRC to access electricity at lower: The African Development Bank (BAD) approved on Wednesday a grant of 11 million US dollars for the Democratic Republic of Congo. These funds support the «Subsidiary Action Program of the Equatorial Lakes of the Nile (NELSAP)" according to the Energy                                                   

Investment Protection Mechanisms

  • The Constitution and Laws of the countries enacts that the property (private and collective) of any person in the Democratic Republic of Congo is sacred. Nobody can touch it (except cases provided by law, particularly in cases of court sentences for certain offenses).
  • The Law (the Investment Code) expressly excludes nationalization and expropriation of investment made in the country (except in extreme cases for a public purpose for a fair and just compensation paid in advance).
  • The Law provides and guarantees equal treatment to all national and foreign investors. No discrimination can thus be made between a Congolese investor and a foreign investor.
  • The Investment Code guarantees respect for the rights acquired by investors : no subsequent law or regulation can shake or restrict an advantage previously granted in a legal and regular manner to an investor.
  • It also guarantees the freedom to transfer abroad without any restrictions, revenues, dividends and other earnings from investments made in the Democratic Republic of Congo.
  • The Law emphasizes, in case of any investment dispute, an amicable settlement or arbitration.
  • The Democratic Republic of Congo is member of the ICSID (Convention of 18 March, 1965 on the Settlement of Investment Disputes between States and Nationals of other States) since April 29, 1970. This legal instrument provides particularly for dispute resolution mechanisms consistent with business requirements and that focuses on amicable settlement and arbitration.
  • The Democratic Republic Congo is a member of MIGA (Multilateral Investment Guarantee Agency), a branch of the World Bank Group that ensures international investors against non-commercial risks such as insurgencies, civil wars, popular uprisings, looting, etc.
  • She is a member of the Agency for Trade Insurance in Africa (ACA) based in Nairobi, Kenya. This international institution is aims to facilitate, encourage and develop the provision or support for insurance and reinsurance, guarantees and other financial instruments for purposes of trade, investment and other producing activities in Africa. The guarantees it offers may cover political and commercial risks or non-commercial risks.
  • The Democratic Republic of Congo has become a fully member of OHADA (Organization for the Harmonization of Business Law in Africa) since July 13, 2012. This modern business law in Africa entered into force in DRC since September 12, 2012. As it is known, the OHADA law is characterized by simplifying procedures as regards business and increased legal and judicial security for investors through its various mechanisms, including a Common Court of Justice and Arbitration (CCJA), the simplified procedure of setting up a business, debt collection, the regular procedure for informing and warning of shareholders, etc.
  • The Democratic Republic of Congo has signed several bilateral agreements for the promotion and reciprocal protection of investments with several partner countries including the United States of America, France, Belgium, Luxembourg, Germany, Greece, Sweden, Italy, Switzerland, China, South Korea, Republic of South Africa, Jordan, Israel, Egypt, etc.

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