Félix Tshisekedi salutes the prowess of Miguel Kashal of the ARSP 1Mining in DRC Governance Mining Policy 

Félix Tshisekedi salutes the prowess of Miguel Kashal of the ARSP

The President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, expressed his satisfaction with the work carried out by the Regulatory Authority for Subcontracting in the Private Sector (ARSP) headed by Miguel Kashal Katemb.

Félix Tshisekedi said this on October 30, 2023, during an evening in honor of young Congolese entrepreneurs called “Meet the President” at the Cité de l’Union Africaine in Kinshasa.

In just ten months of work, the ARSP has recorded several actions followed by concrete results. This includes ongoing uncompromising monitoring. An action which made it possible to create new Congolese millionaires according to the vision of the Congolese Head of State, Félix Tshisekedi.

In his address, President Félix Tshisekedi expressed the wish to see young entrepreneurs continue to trust the institutions of the Republic.

“I now understand that we have not worked in vain, that there is really hope in this country and that I was right to believe in Congolese entrepreneurship,” he said. affirmed.

Previously, several entrepreneurs, some of whom already have the status of millionaires, gave their testimonies on the support and support received from public structures which work in their sectors, in particular the Regulatory Authority for Subcontracting in the private sector (ARSP); the Congo Entrepreneurship Guarantee Fund (FOGEC); the National Agency for the Development of Entrepreneurship in Congo (ANADEC); the Agency for the Promotion of Middle Classes (APROCM)
as well as the Special Fund for financing youth entrepreneurship (FSFEJ).

The Congolese Head of State did not fail to express his satisfaction with the feats achieved by the General Directorate of the ARSP having accomplished a titanic task in just ten months. This established uncompromising control of all ancillary or related activities.

“If our fathers experienced the fight for political independence, history will remember that you accomplished a great deal of work for the economic independence of our country. », Underlined Miguel Kashal Katemb to the applause of the audience.

Several entrepreneurs who achieved under the mandate of Félix Tshisekedi the challenge of exceeding 1 million turnover took the floor to testify and encourage other young people.

This is the case of Don Israel Mbuyi who operates in the province of Lualaba and who has just won a contract in the mining sector valued at more than 24 million US dollars with Tenke Fungurume Mining SA and Kisanfu.

This is also the case of Pascal Kanyiki who manages Scoolap, a company specializing in the production of school tablets which has just achieved a significant feat of growth in turnover estimated at less than 10 thousand dollars in 2019 but estimated today at more than a million US dollars. This, thanks to the support and supervision of the Congolese Government through its services.

Some encouragement prizes were presented to the winners by the Congolese Head of State, Félix Tshisekedi. He was accompanied by authorities invited for the occasion such as the President of the Senate, Bahati Lukwebo and many other personalities.

After this high-level meeting, President Félix Tshisekedi proceeded the same day in the commune of Limete, in Kinshasa, to the inauguration of the first house of entrepreneurship and innovation. A sign that President Félix Tshisekedi is very committed to promoting youth entrepreneurship. Also, he is realizing step by step his vision of creating Congolese millionaires.

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