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Rawbank Partners with OADC to Boost Digital Transformation and Financial Inclusion in the DRC

Kinshasa, Democratic Republic of the Congo (DRC), October 17, 2024Rawbank, a leading force in banking innovation in the DRC, has announced its partnership with OADC – Texaf Kinshasa, the country’s first Tier-III certified, carrier-neutral data centre. This move is part of Rawbank’s strategy to enhance its digital banking services and promote financial inclusion by investing in world-class infrastructure.

As the DRC continues its rapid economic growth, Rawbank has solidified its position as a leader in digital transformation, driving innovations that meet the evolving demands of the market while supporting the expansion of the digital economy. By colocating at OADC – Texaf Kinshasa, Rawbank ensures a secure, scalable and reliable environment for its digital assets, enabling the bank to enhance services like its mobile money platform illicoCash and reach more underserved communities. This partnership will strengthen Rawbank’s ability to deliver innovative, accessible banking solutions across the country.

We are excited to welcome Rawbank to our OADC – Texaf Kinshasa data centre, said Mohammed Bouhelal, Managing Director of OADC – Texaf Kinshasa. This collaboration highlights the critical role our facility plays in driving digital transformation in key sectors, including banking. Rawbank’s decision underscores our value in terms of connectivity, resilience and scalability.

OADC Kinshasa signs Rawbank for colocation in the DRC
Rawbank and Open Access Data Centres Kinshasa

Rawbank’s efforts to promote financial inclusion have earned international recognition, with key partnerships with institutions like the International Finance Corporation (IFC), the African Development Bank (AfDB) and the African Guarantee Fund (AGF), providing valuable resources to drive growth.

This partnership with OADC – Texaf Kinshasa marks a major step in our journey to modernise banking services in the DRC,” said Mustafa Rawji, General Manager of Rawbank. By leveraging world-class digital infrastructure, we are reinforcing our commitment to providing secure, accessible, and efficient banking solutions for all Congolese. We look forward to the new opportunities this collaboration will unlock for our customers and the broader community.

About Rawbank

For 22 years, with total assets of $5 billion, Rawbank supports the development of the Congolese economy. A leading bank in the DRC for the past 12 years, Rawbank offers the most modern products and services to its 500,000+ corporate, SME and individual clients through a network of 100+ branches in 19 provinces of the country, a digital offering with Illicocash, Internet banking and 250+ ATMs. Rawbank’s work has been rewarded with the African Bankers Award 2022 for the best regional bank in Central Africa, a Moody’s CAA 1 rating, ISO/IEC 20000 and ISO/IEC 27001 certifications. Partners who trust RAWBANK include: AfDB, AGF, BADEA, the IFC, Shelter Africa and TDB. For more information visit our website: www.rawbank.com/en

About OADC Texaf – Kinshasa data centre

The OADC Texaf – Kinshasa data centre, a 2MW-capable facility, is the DRC’s first live open-access, carrier-neutral, and Uptime Institute Tier-III certified data centre. Designed to support the nation’s growing demand for digital services, this facility is a world-class and essential building block in the expansion of the DRC’s digital ecosystem, particularly for the banking industry. https://openaccessdc.net/oadc-kinshasa/

About TEXAF

Established in 1925, TEXAF is the only listed company with all its activities in the Democratic Republic of the Congo (DRC). Currently, these are concentrated on real estate and quarrying, although TEXAF is beginning to develop a new branch of activity in the digital field and aims to become a major player in this sector. This listing on the stock exchange and the resulting obligations of good governance and transparency constitutes a major asset for the group’s development and for the promotion of the formal sector in the DRC.

www.texaf.be