PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606261

Primary Business Area

Financial Institutions Group

Disclosure Date

Jan 16, 2022

Country

Congo, Democratic Republic of

Region

Africa

IFC Approval Date

Dec 16, 2021

Status

Completed

Estimated Total Budget

$428,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 22, 2026

Project Estimated Start Date

Jun 1, 2021

Project Estimated End Date

Jun 30, 2023

Project Description

This FIG Advisory project specifically aims to prepare DRC’s banking sector to eventually better leverage digital finance to increase and deepen financial access. An initial industry engagement will be with MultiPay, which is a switch owned by the three biggest banks in DRC

Development Results

E&S Risks / Impacts and Mitigation