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Visa Looks to Partner With Congo’s Central Bank on Digital Payments

Visa, the global digital payments company, has renewed its interest in forming a partnership with the Central Bank of Congo (BCC) to help modernize the country’s financial system. On November 20, Aminata Kane, Visa’s senior vice president for Central and West Africa, delivered a letter to BCC Governor André Wameso, signed by Visa president Oliver Jenkyn, confirming the company’s commitment.

According to a note from the BCC, the proposed cooperation would rest on three pillars. The first is the creation of the Central Bank’s Financial Innovation Center, or CIF-BCC, designed to position the Democratic Republic of Congo as a francophone hub for digital payments, market infrastructure, and fintech regulation.

The second element focuses on strengthening financial inclusion, with programs aimed at universities and the public sector to speed the adoption of modern, secure payment tools. The third centers on supporting investment in Congolese fintech firms, especially those building digital products tied to financial inclusion.

Read more: https://www.ecofinagency.com/news/2711-50905-visa-looks-to-partner-with-congo-s-central-bank-on-digital-payments