Karibu Invest in DRC: A Strategic Business Luncheon in Toronto
Fairmont Hotel, Toronto, CA, March 3rd, 2025.
On March 3, 2025, the prestigious Fairmont Hotel in Toronto hosted the third edition of the “Karibu Invest in DRC” business luncheon, organized by MD Services Sarl under the patronage of the Embassy of the Democratic Republic of Congo (DRC) in Canada. Under the theme “DRC: At the Heart of Strategic Minerals for Global Economic Development – Challenges and Opportunities”, the event brought together key decision-makers from the mining industry, investors, and representatives of the Congolese government.
A Platform for Networking and Investment Opportunities
The event commenced with a 30-minute networking cocktail, accompanied by a young African saxophonist, creating a relaxed yet dynamic atmosphere for meaningful exchanges. Madame Dorcas Josepha Daniels, the Master of Ceremonies, introduced the meeting theme, followed by a moment of silence in tribute to the victims of conflicts in eastern DRC.
The CEO of MD Services Sarl addressed the audience, emphasizing his company’s commitment since 2019 to promoting investments in the DRC through “Karibu Invest in DRC.” Now in its third edition, this initiative aims to attract capital and highlight the country’s vast economic potential.
Expert Panels: Investment Opportunities and Governance in the Mining Sector
Two panel discussions structured the event, focusing on investment opportunities and governance in the DRC.
Panel 1: Investment Opportunities in the DRC
Moderated by Nana Ngobila and Christian Lusakueno, several experts shared their perspectives on the growth of the Congolese mining sector:
- Mark Bristow (CEO, Barrick Gold) emphasized that the DRC is a land of opportunities with vast natural resources. However, strengthening infrastructure is essential for sustainable growth.
- Olivier Binyingo (Regional Director, Ivanhoe Mines) highlighted the increasing integration of artificial intelligence and clean technologies in the mining industry.
- H.E. Joska Kabongo (Ambassador of the DRC to Canada) stressed the importance of a stable mining code to reassure investors.
- Serge Mudogo (Representative, Congo CSS) called for better access to financing for Congolese entrepreneurs and improved competitiveness in international markets.
Panel 2: Governance and Regulation in the Mining Sector
This panel, moderated by the same hosts, focused on governance and transparency challenges:
- Popaul Mabolia (CEO, CAMI) advocated for strict adherence to the mining code to ensure legal security for investors.
- Jean Jacques Kayembe (CEO, ITIE) explained the crucial role of transparency in resource management to guarantee fair wealth distribution.
- Roby Mudogo (Shareholder, MD Services) emphasized the need to overcome administrative hurdles to improve the business climate in the DRC.
Key Takeaways and Future Perspectives
Key Findings
- The DRC possesses immense economic potential, but legal stability and infrastructure development remain crucial.
- Foreign investment is essential but should be accompanied by strong support for local businesses.
- The adoption of new technologies (AI, sustainable mining) is a strategic lever for modernizing the sector.
- Governance and transparency are fundamental to ensuring equitable distribution of mining wealth.
Actions to Implement
- Facilitate access to financing for local mining enterprises.
- Strengthen regulatory frameworks to stabilize the market and reassure investors.
An Event That Reinforces the DRC’s Investment Appeal
Once again, the Karibu Invest in DRC Lunch has established itself as a must-attend event for stakeholders in the mining sector. By highlighting investment opportunities and addressing key challenges, this event contributes to fostering a business-friendly environment in the DRC.
MD Services Sarl extends its heartfelt thanks to all participants, partners, and speakers for their dedication to the economic development of the DRC. See you in 2026 for an even more ambitious edition!
Written in Toronto, March 3, 2025
Dorcas J. Daniels
General Coordinator / Karibu Invest in DRC by MD Services Sarl