Page 29 - Nile Explorer Issue 006

We can see it easily. At the same time,
there have been concerns about security
and peace issues in the Eastern part of
the DRC. It was quite timely when
leaders of this Great Lakes region
adopted the Framework Agreement on
Peace, Security and Cooperation for the
DRC and the region. erefore, inviting
foreign direct investment to this country
will be very important for the
sustainable development of the region.
at is why I came to participate in this
conference.” ese words of the
Secretary General were a clear
recognition that peace and development
are two sides of the same coin,
particularly at this opportune moment,
in the wake of EAC Common market, the continent fuels political instability
which the DRC has indicated interest to and war. e initial signatory countries were
join, the recent establishment of the Angola, Burundi, Central African
Africa Continental Free Trade Area It is signi cant to note, that this Republic, Democratic Republic of the
Agreement (AfCFTA) and the adoption Conference is being organized Congo, Republic of Congo, Rwanda,
of the 2030 Sustainable Development
Museveni and the delegation discussed Agenda, the Paris Agreement on following a decision of the leaders of the South Africa, South Sudan, Tanzania,
e upcoming Great Lakes Investment private sector is an important addition the need for strengthening the Climate Change and the Sustainable region during the second meeting of the Uganda and Zambia. Kenya and Sudan
and Trade Conference slated for March, in the achievement of the Pact for Peace, integration processes in the region Development Goals, in which world Regional Mechanism for Monitoring later joined on 31 January 2014, thus
this year is a major boost for peace and Security and Development in the Great advocating for greater private sector leaders had pledged to end poverty by the Framework Agreement for Peace, becoming the 12th and 13th signatories
security in the region, and this is besides Lakes region,” underscoring the role of partnership between the Chamber of 2030. e inaugural conference was Security and Cooperation for the DRC of this peace agreement.
seeking to promoter investments and trade and investment in pursuing peace Commerce of the respective countries then called e Private Sector and the Region held in Addis Ababa,
Ethiopia, on January, 2014. e event is
cross border trade. e conference is and stability. that constitute the Great Lakes’ Region. Investment Conference for the Great jointly organized by the O ce of the According to most recent country
estimates, the collectively the region has
coming at a particularly important e President commended the work Lakes. United Nations Special Envoy for the a massive population of 420, million.
moment when the region is e meeting with the Ugandan and role played by the private sector Great Lakes region, the International is is in addition to the extensive
experiencing improved stability. President held a er the launch of the through sensitization and working e Peace, Security and Cooperation Conference on the Great Lakes Region natural resources endowments and
General elections were held in the Great Lakes Region Private Sector together for economic integration. Framework Agreement (PSC-F) (ICGLR) Private Sector Forum and existing economic opportunities to be
Democratic Republic of the Congo on Forum round table meeting in signatory countries convened the other partners supported by the harnessed.
30 December 2018, to determine a Kampala, ahead of the conference to be While the name of the event may sound Great lakes Investment and Trade governments of the member states.
successor to President Joseph Kabila,[1] held in Kigali, Rwanda from March new, the Great Lakes Investment and Conference (GLITC) as a follow-up
as well as for the 500 seats of the 18-20, saw Museveni pledge US$ Trade Conference, was rst held, in action to the rst Private Sector
National Assembly and the 715 elected 100,000 towards the conference. Ngatia 2016, in Kinshasa, in the Democratic Investment Conference, held in 2016 in
seats of the 26 provincial assemblies. was accompanied by the UN Resident Republic of Congo. Joseph Kabila, then Kinshasa. e mobilization of private
Félix Tshisekedi was sworn in as the 5th Coordinator in Uganda, Ms. Rose DRC President, and the then United sector investment into the region is
President of the Democratic Republic of Malango, the President of Uganda Nations Secretary-General attended the intended to harness the extensive
natural resources endowments and
the Congo on 24 January 2019, making Chamber of Commerce, Ms. Olive opening ceremony. Addressing the existing economic opportunities that
it the rst peaceful transition of power Kigongo and the UN Senior Program inaugural conference, Ban Ki-moon could be catalytic in creating shared
in the country since it became Management O cer in the O ce of the said: “ is is a good initiative. e prosperity and destiny. In the long run,
independent from Belgium in 1960. Special Envoy of the Secretary General Democratic Republic of the Congo has private sector investment bears the
of the Great Lakes’ Region, Gabor made good socio-economic potential to contribute to the towards
At a recent meeting with President Beszterczey, among others. e meeting development progress. sustainable peace, stability and the
Museveni of Uganda, Richard Ngatia, was held at statehouse, Entebbe. transformation of the Great Lakes
Chair of the ICGLR Private Sector region. Indeed, there is an established
Forum and newly-elected president of According to Uganda’s Minister for East nexus between and unemployment and
the Kenya National Chamber of African Community A airs Kahinda insecurity, which in many countries on
Commerce and Industry, said thus: " e Ota ire, who attended the meeting,
Mr Ngatia President of KNCCI at a meeting with President Museveni
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