State-backed guarantee fund FOGEC has begun talks with CRDB Bank Congo and Koto Service to establish a financing scheme for motorcycle taxi drivers. A meeting held on April 3 in Kinshasa outlined an initial framework built around credit guarantees, lending and insurance solutions. No formal agreement has been signed or made public.
Under the proposed arrangement, roles would be divided among the three parties: FOGEC would provide loan guarantees, CRDB Bank Congo would handle financing, and Koto Service would provide motorcycle supply and maintenance services. The scheme is designed to help motorcycle taxi operators access funding to purchase or maintain their vehicles, as well as tailored insurance products.
The project aligns with FOGEC’s mandate to improve access to financing for entrepreneurs, including micro, small and medium-sized enterprises, startups and businesses underserved by the conventional banking system. On Feb. 3, 2026, FOGEC launched Bokeli, a digital platform aimed at helping entrepreneurs structure business plans and submit financing applications in formats aligned with bank requirements.
The appeal of the initiative for the motorcycle taxi segment reflects the growing role of this mode of transport in urban mobility in Congo. According to a study by Target SARL, 71% of users in the Democratic Republic of Congo relied on motorcycle taxis as their primary mode of transportation in 2025, up from 67% in 2023. The increase is driven in part by traffic congestion, limited public transport options and poor road conditions.
Drivers report steady income levels, with daily earnings reaching up to 120,000 Congolese francs, the equivalent of roughly $52 at the current exchange rate, and as much as $60 on busier days.
For CRDB Bank Congo, the initiative could help gradually expand its customer base. The bank opened its first branch in Kinshasa in December 2025, marking its entry into the country’s main banking market. According to its Pillar III report as of June 30, 2025, performance at that time was largely driven by interest on Treasury bills, which accounted for about 77% of net banking income. Income from customer transactions represented around 19.7% of net banking income, not 15.6% as previously reported.
Boaz Kabeya
