$Pay Rem, Inc. Group Africa, a US-based company that provides financial services modernization for Africa, has signed a partnership agreement with the Republic of Congo to boost its digital economy.
The collaboration was formalized between Minister Jacqueline Lydia Mikolo and Pay Rem Group Africa CEO Andre Bouassa, to support digital and technological projects for small and medium enterprises (SMEs).
The initiative aims to promote the integration of digital technologies into SMEs, modernize the Congolese economy, and create jobs in the technology sector.
Backed by Congo's 'Congo Digital 2025' strategy to foster equitable access to digital services and a reduction of the digital divide, this initiative will focus on training, developing digital solutions, as well as facilitating access to funding for SMEs operating in technology.
This is a growing trend in Africa of public-private partnerships to accelerate digital transformation. So, to overcome the constraints of very limited digital infrastructure and skills gaps, Congo leverages private sector expertise and resources. This could be the model for other African countries that want to increase their digital economy and support SMEs in adopting new technologies.
