FirstBank DRC and Transco, a public transportation entity in the Democratic Republic of Congo, have officially signed a partnership agreement to digitalize and secure public transport revenue collection. The agreement was signed on September 17, 2026, at the Four Points by Sheraton in Kinshasa. The partnership aims to provide an integrated solution for revenue collection, enabling users to make electronic payments in a simple, secure, and traceable manner.
The partnership seeks to reduce cash handling, enhance transparency, and improve passenger experience. For Transco, this initiative is a significant step in modernizing its operations and improving the quality of public transportation services. The partnership will also provide better visibility into revenue streams, strengthen control mechanisms, and contribute to more efficient resource management.
Transco's Director General, Jérémie Kilubu Matondo, stated that the partnership marks the beginning of a new operational phase in Transco's digitalization process. The goal is to ensure a gradual and controlled transition to a modern, reliable, and accessible payment system. FirstBank DRC will provide its financial and technological expertise, as well as a secure payment infrastructure, to facilitate transaction processing and guarantee a smooth user experience.
FirstBank DRC's Director General, Olajide Ayeronwi, emphasized that the partnership is a transformation initiative designed to benefit citizens. By providing modern, secure, and fully traceable payment solutions, FirstBank DRC is contributing to the modernization of public institutions and improving the daily experience of users. The project implementation will be gradual, involving technical deployment, testing phases, team training, and user awareness and support.
The partnership between Transco and FirstBank DRC aims to build a more efficient, transparent, and inclusive payment ecosystem that meets international standards and supports the modernization of public transportation in the Democratic Republic of Congo. The agreement was signed in the presence of senior officials from both organizations, including Transco's management committee and FirstBank DRC's directors and agents.
The digitalization of public transport revenue collection is expected to have a positive impact on the transportation sector in the Democratic Republic of Congo. The project will help to reduce revenue leakage, increase efficiency, and improve the overall passenger experience. The partnership is also expected to contribute to the country's economic growth by increasing transparency and accountability in the transportation sector.
The implementation of the project is expected to be completed in a phased manner, with the first phase focusing on technical deployment and testing. The second phase will involve training and awareness-raising for Transco staff and users. The project is expected to be completed within a reasonable timeframe, with FirstBank DRC and Transco working closely together to ensure its success.
Key points
- The partnership between FirstBank DRC and Transco aims to digitalize and secure public transport revenue collection in the Democratic Republic of Congo.
- The partnership seeks to reduce cash handling, enhance transparency, and improve passenger experience.
- The project implementation will be gradual, involving technical deployment, testing phases, team training, and user awareness and support.
