The World Bank approved the disbursement of $100 million to support Congo’s digital migration strategy. The information was reported last week by Léon Juste Ibombo (pictured), the Minister of the Digital Economy, following a meeting with a World Bank delegation.
Samia Melhem, Lead Policy Officer for the World Bank Group's Transport and ICT Practice, who was a member of the delegation, said the project will "propel the digital economy in Congo through reforms in the legal and regulatory framework and investments in infrastructure for digital inclusion.” The World Bank support will also “promote the growth of e-business, the use of platforms that will allow young people to find jobs,” she said. Welcoming the initiative, Guy Roland Tsimba, director general of digital economy development at the Ministry of Telecommunications, said digital transformation will turn Congo into a "full-fledged information and knowledge society."
As a reminder, a few days earlier, the European Union also approved €15 million for the same purpose as the World Bank
Muriel Edjo
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Intra-African trade seen rising 10% to $230 billion in 2026 Growth driven by AfCFTA implementation and regional trade reforms Manufacturing and...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...