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Periodical article Periodical article
Title:L'agence national pour la promotion des investissements et la promotion de l'etat de droit: cadre juridique et défis actuels
Author:Kassilam, William Katembo
Periodical:KAS African Law Study Library (ISSN 2363-6262)
Geographic term:Congo (Democratic Republic of)
External link:https://www.nomos-elibrary.de/index.php?doi=10.5771/2363-6262-2021-4-566
Abstract:This article focuses on the challenges of the investment sector with respect to the legal mechanisms for investment promotion in the DRC. the study presents the organization, functioning and missions of anapi which is a national institution to support the government in the promotion of investments. this institution is created and organized by the law n° 004/2002 of february 21, 2002 on the code of investments in the democratic republic of congo which determines the modalities of functioning of the anapi and assigns to it the mission to see to it that the action of the government can promote the investments for the development of the nation. it is organized around its board of directors; the approval council; the general management; and the college of auditors and accompanies investors and ensures the proper use of public aid available to support viable investment projects. with regard to the mechanisms of its functioning and the modalities for the granting of public funds to investors to support their investment projects, this article demonstrates the need to strengthen the control and monitoring mechanisms upstream as well as downstream so that the support or funds granted to investors can be properly used and contribute to the development of the country.