Position:Democratic Republic of the Congo - Brief Article

DRC President, Joseph Kabila, asked South African business to display confidence in the future of his country. Kabila was addressing a conference at Midrand, South Africa, on investment opportunities in the DRC. Several of his cabinet members also attended the conference to brief a strong turnout of business people on opportunities in the DRC.

"There should be a sense of adventure in everything, business included. The Congo is quite vast and so are the opportunities, and business people in countries such as the United States, Germany and Belgium tended to be sceptical about the DRC - I don't know why, I am not inviting multi-billion dollar ventures, but there are many opportunities."

Kabila also assured the audience that his government was working all-out to end the three-year civil war in the DRC. "We will get peace and we will pacify the Congo. Whilst the process is well under way, you must be patient about seeing full democracy in the DRC. Set down the pace, but be patient enough to give us time for stability to be achieved. In 10 or 20 years' time, democracy will be a way of life in the Congo."

Also addressing the conference was Trade and Industry Minister Alec Erwin who announced that South Africa and the DRC had agreed to set up a joint structure for cooperation. "Our two governments will immediately start acting together on several fronts," he said. Erwin confirmed that the agreement was reached during talks between Kabila and President Thabo Mbeki in Pretoria. "We will meet again in a few weeks to continue this process in a systematic and organized way" the Minister pledged.

The structure would operate under the finance ministers of the two countries. Joint work...

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