Since the inaugural Private Sector Investment Conference (PSIC) which took place in Kinshasa, Democratic Republic of the Congo (DRC) on 24-25th February, 2016, plans have been underway to convene a successor investment conference whose ultimate goal is to promote the various investment opportunities in the Great Lakes Region that were presented at the first conference. The projects identified at that time from the region have now been subjected to both economic and financial analyses for their viability and bankability and most of these are now ready for presentation to potential investors. This is the genesis of the forthcoming Great Lakes Investment and Trade Conference (GLITC). Subsequently, the Office of the UN Special Envoy for the Great Lakes region (O/SESG), the International Conference on the Great Lakes Region (ICGLR) and the Government of the Republic of Rwanda are organizing the second GLITC that shall take place in Kigali, Rwanda, from 14th to 16th October 2019.

 

Objectives of the Great Lakes Investment and Trade Conference 2020:

GLITC aims to focus attention on aspects of the recommendations of the inaugural PSIC by sustaining dialogue between public and private sectors, including through high-level interactive sessions that focus on cross-border economic opportunities that promote the development of business in agriculture and logistic value chains, natural resources management and joint development of resources, including tourism, through public-private partnership between DRC, Rwanda, Burundi, Uganda and Tanzania. The GLITC will focus on cross border trade, and investment corridors with the private sector actors in the border regions as the prime participants. The areas that will be covered are Agriculture, Mining, Energy and Services including Tourism and will involve five countries: Rwanda, DRC, Uganda, Burundi and Tanzania. Other countries of the Great Lakes region are also welcome.

 

 

Participants:

High level government representatives will interact with the investors at the panels, but also face to face meetings and small group discussions will be offered and organized on demand. Among the expected 500 participants will be;

  • Government representatives;
  • CEOs of international companies investing and operating in the region;
  • CEOs of prospect individual and institutional investors to the region;
  • Equity Firms and banking institutions;
  • Pension Funds and Sovereign wealth funds;
  • Bilateral and multilateral development institutions;

 

Structure of the GLITC:

The Conference will be designed to foster interaction, learning and ‘matchmaking’ of concrete investment opportunities with context setting, plenary and wrap-up sessions. Each session will start with high level speakers from the public and private sectors, followed by Q&A in plenary and summary by the moderator. There will be break-away parallel dialogue sessions around priority sectors. There will also be parallel exhibitions from Member States and project promoters on the side-lines of the main conference. The Conference will aim for some specific ‘announcements’, investment and trade deals which will be prepared and nearly finalized before its opening. 6-7 such cross-border projects will be identified and prepared by the organizers and the investors in preceding months to the Conference. A small preparatory group, consisting of regional private business representatives will make a dedicated effort to prepare these specific investments by the Conference. At least one internationally recognized investor will be engaged as keynote speaker at an early stage.

 

Venue and Date:

The Conference is proposed to be held at the Kigali Convention Centre, Rwanda on 18th to 20th March, 2020. Side events across the border in Goma highlighting benefits to invest in cross-border economic activities will be considered, as well as site visits to Goma-Gisenyi-Ruzizi-Bukavu areas.