On October 31, 2026, President Felix-Antoine Tshisekedi Tshilombo of the Democratic Republic of the Congo (DRC) expressed satisfaction with the country's removal from the Groupe d'action financière (GAFI) grey list. This development acknowledges the DRC's progress in combating money laundering and terrorist financing. According to President Tshisekedi, this advancement reinforces the DRC's international financial credibility.

The GAFI grey list removal is expected to have a positive impact on the DRC's economy. President Tshisekedi noted that this newfound credibility will facilitate smoother foreign transactions, better financing opportunities for Congolese businesses, and increased investments that create jobs. The enhanced credibility also aims to protect national resources necessary for development.

To achieve these goals, President Tshisekedi emphasized the importance of continued reforms. He called on the government to maintain its efforts to consolidate gains, increase transparency, and ensure that this renewed confidence benefits the population. The President also commended the government, particularly the Minister of Finance, and other institutions involved in achieving this outcome.

The DRC's removal from the GAFI grey list is a result of significant reforms implemented by the government. These reforms aim to strengthen the country's anti-money laundering and counter-terrorist financing framework. President Tshisekedi stressed that the ultimate goal of these reforms is to improve the living conditions of Congolese citizens.

The President's comments highlight the importance of translating this progress into tangible benefits for the population. He emphasized the need to transform this advancement into opportunities for entrepreneurs, jobs for young people, and investments that contribute to the development of the country's territories.

The DRC's exit from the GAFI grey list is a significant milestone in the country's efforts to strengthen its financial sector. President Tshisekedi's comments underscore the importance of continued efforts to maintain this momentum and ensure that the benefits of this development are shared by all Congolese citizens.

The government's commitment to continued reforms and transparency will be crucial in sustaining this progress. President Tshisekedi's call for rigueur in implementing these reforms highlights the importance of maintaining the trust of international partners and investors.

Key points

  • The DRC's removal from the GAFI grey list enhances its international financial credibility and is expected to improve investor confidence.
  • The country's progress in combating money laundering and terrorist financing was acknowledged by the GAFI.
  • President Tshisekedi emphasized the need for continued reforms to consolidate gains and ensure that the benefits of this development are shared by all Congolese citizens.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.