MINISTRY OF FOREIGN TRADE: TECHNICAL MEETINGS WITH THE COMPANY PHOENIX LLC ON BUSINESS OPPORTUNITIES TO BE CAPTURED IN THE DRC AND THE INTERNATIONAL TRADE CENTER-CCI ON THE ORGANIZATION IN THE DRC OF THE FORUM ON THE VALUATION OF COBALT
Very attracted by the business opportunities offered by the Democratic Republic of Congo in the sectors of Mining, Energy, Special Economic Zones and Digital, the company Phoenix LLC Specializing in these areas came this Monday, February 23, 2026 to draw on the expertise of the Minister of Foreign Trade, Julien Paluku Kahongya on the Master Plan for the Industrialization of the DRC with the development of Special Economic Zones including he had set up, then Minister of Industry.
On this occasion, the Minister of Commerce reassured CEO Phoenix LLC, Iqbal Meer Sharma on the consolidation of the improvement of the business climate in the DRC, while encouraging this company and its partner, the Special Development Support Agency - ASAD to develop a Special Economic Zone around the deep water port of Banana in Kongo Central, because the first phase of this project will end by the end of 2026, with the docking of first large ships carrying containers.
Also this company was called by the Congolese Government to join the major project around the battery and electric vehicle industry that the DRC is developing in the Special Economic Zones of Kinsevere in Haut-Katanga and Musompo in Lualaba.
The opportunities offered by the markets conquered by the DRC, including Chinese, American with AGOA, Emirati and British, where many products made in the DRC are exempt from customs duties, have not been missed.
Note that two senior advisors to Prime Minister Judith Suminwa took part in this meeting.
Just after, the implementation of strategies for the success of the organization in the DRC in the coming months of the Forum on the valorization of cobalt, with the support of the International Trade Center-CCI was at the center of a technical meeting with Hernan Manson of the CCI accompanied by the Director General of the Congolese Battery Council-CCB, Dénis Lecouturier.
