DRC Transport Minister Jean-Pierre Bemba said Wednesday that Equity BCDC will finance the purchase of 1,000 buses for the public transport operator Transco, a move meant to improve transport in Kinshasa and other cities.

Speaking at the Makutano forum, Bemba said negotiations on the deal are almost complete. He said the financing is supported by a digital ticketing system for Transco that Equity BCDC has already funded.

The minister explained that the system allows the bank to track revenues in real time, ensuring loan repayment because each ticket sale is automatically deposited into a dedicated account.

In October, Transco Director General Sylvestre Bilambo and Equity BCDC CEO Willy Mulumba Kabadi met with Bemba to review progress on the initiative. During the meeting, Mulumba reaffirmed the bank’s commitment to improving transport services in Kinshasa.

Bemba said the partnership demonstrates that reliable risk-mitigation tools exist in the sector and urged other banks to finance similar projects.

Ronsard Luabeya