Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DR Congo: Government Approves Draft Decree Concerning Digital Handling of Public Contracts

DR Congo: Government Approves Draft Decree Concerning Digital Handling of Public Contracts

On October 4, 2024, the Council of Ministers in the Democratic Republic of Congo (DRC) approved a draft decree for the electronic management of public contracts. According to the Council’s minutes, the new decree will guide how public contracts are handled electronically. No further details were provided.

The new decree aligns with an emergency reform plan adopted a year ago, on November 2, by Congolese authorities. The plan, which aimed to improve the local business environment, included measures to simplify taxes, and better protect taxpayers from harassment. It also included publishing all court rulings, revitalizing the one-stop shop for starting businesses, and continuing reforms in public procurement. 

A year before the emergency plan was adopted, in November, the country launched the Integrated Public Procurement Management System (SIGMAP). The SIGMAP automates public procurement processes, reduces processing times, ensures traceability, and generates statistics. It features a web portal that provides the public with information about procurement procedures.

The platform, however, is underused. As of October 8, 2024, the last public procurement plans posted on this site were from fiscal year 2023. The government acknowledges that most public procurement processing is still done manually.

"This situation creates significant risks of corruption and does not ensure traceability, transparency, or complete information in managing public orders," the government stated. They added that "the draft decree aims to address these threats."

GAB

 

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
drc-diamond-producers-can-sell-freely-again
Diamond producers in the Democratic Republic of Congo (DRC) recently regained the freedom to sell their production without restrictions tied to a limited...
drc-government-to-release-12m-to-revive-flagship-textile-company-sotexki
The Congolese government announced on June 2, 2025, plans to release $12 million under the second phase of funding for the revival of Société Textile de...
drc-finca-s-profits-drop-32-in-2024-yoy
Profits of Finca RDC SA, a leading microfinance institution in the Democratic Republic of Congo, dropped 32% in 2024. According to the entity’s Pillar 3...
first-bank-drc-eyes-100-000-banking-agents-by-2029-against-2-800-now
First Bank aims to have 100,000 banking agents in the Democratic Republic of Congo  (DRC) by 2029. Disclosed in the lender’s 2024 Pillar 3 report,...

African Economies

MOST READ

Please publish modules in offcanvas position.