Financial Crime World

CONGO, DEMOCRATIC REPUBLIC OF: Cybersecurity Financial Institutions Face Unique Challenges

The Democratic Republic of Congo (DRC) has emerged as a significant market for mobile telephony and internet services, with a penetration rate of 44% and approximately 3% of its population having access to the internet. However, the country’s poor physical infrastructure, particularly in terms of last-mile connectivity, has hindered growth in the sector.

Opportunities for American Cybersecurity Firms

Despite these challenges, the DRC presents opportunities for American cybersecurity firms to offer their services to financial institutions operating in the country. The government’s lack of understanding of ICT issues has led to a reliance on international firms to implement digitalization and management projects.

A Successful Partnership Example

In 2015, the water distribution company REGIDESO completed a data center designed to improve billing and payment for water services, with American firms playing a significant role in executing the project. This highlights the potential for cybersecurity companies to partner with local institutions and offer their expertise to enhance security and compliance.

Cybersecurity Challenges

Cybersecurity challenges are particularly pressing in the DRC, given the country’s limited infrastructure and reliance on mobile telephony operators as de facto internet service providers. The government’s shutdown of the internet in response to anti-government protests in 2015 also underscores the need for robust cybersecurity measures.

Leading Sub-Sectors in the ICT Sector

Leading sub-sectors within the ICT sector include:

  • Internet distribution
  • Mobile applications
  • Telecom equipment supply
  • Data centers and data management

American firms may find opportunities to develop and market applications for mobile telephone users, partner with local telecommunications ventures to expand their networks, and offer cybersecurity services to businesses operating in the DRC.

Resources Available to American Firms

The following resources are available to American firms looking to tap into this market:

  • DRC Chamber of Commerce
  • Congo Business
  • Global Trade Atlas
  • ANAPIAR
  • Single-Window for Business Creation
  • USAID and UNDP

For more information on doing business in the DRC, contact the U.S. Commercial Service trade specialist at your nearest office or visit http://export.gov/usoffices.