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
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Portuguese glass-packaging group BA Glass seeks approval to acquire a 41.28% controlling stake in Tunisia’s Sotuver. The transaction values the block...
Shareholders rejected a A$170 million equity placementinvolving Afriland Bourse & Investissement and Eagle Eye Asset Holdings. Canyon Resources...
Proparco commits $15 millionto the African Transition Acceleration Fund (ATAF), a vehicle targeting early-stage climate infrastructure in...
Shell identified gas shows in the Sirius-1X exploration well drilled offshore Egypt in the Mediterranean. The well lies in the North East El‑Ameriya...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...