Equity BCDC | EQUITYBCDC and FIPE are joining forces to support sustainable development and environmental protection in the DRC

Whistleblowing

Eazzy Banking

EquityBCDC and the Environmental Intervention Fund (FIPE) announce the signing of a Memorandum of Understanding aimed at strengthening their collaboration in support of sustainable development, environmental protection, and the energy transition in the Democratic Republic of Congo.

This partnership is part of Equity Group’s Africa Recovery & Resilience Plan (ARRP), and more specifically its Pillar 5 dedicated to environmental protection, combating climate change, and sustainable development. This Pillar 5 involves pooling the efforts of both institutions to implement high-impact socio-economic environmental projects, including financing for renewable energy, energy efficiency, access to drinking water, sustainable agriculture, and expanding access to banking services within the FIPE ecosystem.

“This alliance with FIPE embodies our commitment to supporting balanced and environmentally responsible development in the DRC. We will leverage our banking expertise and network to serve the ecological transition and financial inclusion for the benefit of all,” stated Hugues Boketsu Efole, Deputy Managing Director of EquityBCDC. The memorandum of understanding establishes a non-exclusive framework for collaboration covering several key areas, including renewable energy, energy efficiency, smart agriculture, financial inclusion, environmental health, and social protection.

“This partnership with EquityBCDC will allow us to accelerate the implementation of our strategic plan and strengthen our capacity to finance green projects. Together, we will make a tangible contribution to the DRC’s international commitments regarding climate and biodiversity,” emphasized Manassé Ngadi Muanda, Managing Director of FIPE. In accordance with the terms of the initial three (3) year agreement, EquityBCDC will become the FIPE's partner bank, managing its funds, digitizing royalty collection, and providing tailored banking products.

About EquityBCDC:

EquityBCDC is a subsidiary of Equity Group Holdings Plc, resulting from Equity Group's acquisition of a majority stake in Banque Commerciale du Congo (BCDC) in July 2020. Present in the Democratic Republic of Congo since 1909, EquityBCDC is committed to facilitating access to banking services for all and financing micro, small, medium, and large enterprises through inclusive financial products and services. Our vision is to champion socio-economic prosperity for the people of Africa.

About FIPE:

The Environmental Intervention Fund, abbreviated as "FIPE," has the primary mission of building up material and/or financial assets, in kind or in cash, to exclusively finance the implementation of various projects and programs related to environmental protection, ecology, and sustainable development.

Press Contact:

Lesly Tungwa
Director of Communication & Marketing
Equity Commercial Bank of Congo
Email: lesly.tungwa@equitybcdc.cd
Website: https://equitygroupholdings.com/cd/

Albert Boliko
Director of Cooperation and Communication
Environmental Intervention Fund
albertboliko@fipe-rdc.cd
www.fipe-rdc.cd

Call Toll Free: 0800 211 178

Eazzy Banking

EQUITYBCDC and FIPE are joining forces to support sustainable development and environmental protection in the DRC

Related stories

EquityBCDC launches the Libanga Account: an inclusive banking solution for the informal sector in the DRC

EquityBCDC and the TRANSFORME DRC Project join forces to support SMEs and strengthen entrepreneurship

Process for strengthening compliance with policies and procedures on conflict of interest and the code of conduct and ethics

FPM SA and EquityBCDC join forces to boost women’s entrepreneurship and support MSMEs in the DRC

EquityBCDC strengthens its commitment to education with the launch of its annual “Kelasi Plus Credit” campaign

EQUITY GROUP RECOGNIZED AS A SUPERBRAND IN EAST AFRICA

DR. JAMES MWANGI AWARDED THE FREEDOM OF THE CITY OF LONDON FOR HIS COMMITMENT TO INCLUSION AND EQUITABLE COMMUNITIES

CONVENING NOTICE

EquityBCDC, Leading Bank for the Collection of Subcontracting Fees, alongside ARSP, ANADEC, FOGEC, and APROCM

EquityBCDC launches CDF salary advance credit via its digital products

EquityBCDC Responds with Solidarity to Kinshasa Flood Emergency

EquityBCDC inaugurates its first five Equity Afya clinics in Kinshasa to strengthen access to healthcare in the Democratic Republic of Congo (DRC)

Equity BCDC and the Province of Kasaï Central sign a memorandum understanding for the province's socio-economic development

EQUITYBCDC ANNOUNCES THE APPOINTMENT OF IGNACE MABANZA METI AS CHAIRMAN OF THE BOARD OF DIRECTORS

DR. JAMES MWANGI JOINS THE COUNCIL ON FOREIGN RELATIONS GLOBAL BOARD OF ADVISORS TO INFORM WORLD OF AFRICAN OPPORTUNITIES

Back in pictures |

EquityBCDC announces the second drawdown of $282,000,000 Million relating to its groundbreaking syndication with FirstBank DRC SA, Ecobank RDC and Standard Bank in collaboration with the Congolese government for the financing of oil debt.

EquityBCDC Launches Its Seasonal Campaign: “Let’s All Celebrate with EquityBCDC”

DR. JAMES MWANGI APPOINTED TO THE WORLD BANK GROUP HIGH-LEVEL ADVISORY COUNCIL ON JOBS TO TACKLE LOOMING CRISES

EQUITYBCDC ANNOUNCES BOARD AND SENIOR MANAGEMENT APPOINTMENTS DESIGNED TO STRENGTHEN CAPABILITY AND GROW OPERATIONS IN THE DEMOCRATIC REPUBLIC OF THE CONGO

Clarification following incidents at EquityBCDC's Kananga branch on Wednesday, October 30, 2024

EquityBCDC : 2024 CUSTOMER WEEK | NETWORKING BRUNCH

EquityBCDC a procédé à son exercice annuel de Simulation d’Incendie au siège de la

Partnership between EquityBCDC and Plantations huileries du Congo ( PhC) for sustainable socio-economic development

EquityBCDC Launches Third Cohort of the Equity Leaders 2024 Program

EquityBCDC Wins First World Elite Card Award in the DRC at Mastercard MENA West BusinessForum 202417th

EquityBCDC Announces the Launch of the World Elite Card in Partnership with Mastercard

EquityBCDC welcomes Harvard students

Promotion of Sustainable Food Security in the DRC by EquityBCDC and WFP

EquityBCDC highlights progress and ambitions for 2024 through its first press conference of the yea

MoneyGram Terms and conditions

Mining Indaba 2024, Interview with the CEO of EquityBCDC Mr. Celestin Mukeba

Unprecedented Syndication of $123,500,000 between EquityBCDC, FirstBank DRC SA, Ecobank RDC, Standard Bank, and the Congolese Government to Finance Oil Debt

EquityBCDC announces launch of Cybersource, an online payment platform in partnership with VISA

One year after the merger, EquityBCDC's results show exponential growth

Equity BCDC Unveils New Identity as It Positions to be the Bank of Choice in DRC

KENYA’S PRESIDENT UHURU KENYATTA UNVEILS EQUITYBCDC

United Nations Uganda and Equity Bank Uganda establish new partnerships for acceleration of attainment of the SDGs

Equity Bolsters its Support to SMEs in Kenya, Uganda, Rwanda & DRC with USD 75 Million Women Guarantee Fund with African Guarantee Fund

THE KENYA- DRC TRADE MISSION COMES TO AN END AFTER FOUR CITIES WITH THE CONCLUSION OF THE MBUJI-MAYI LEG

EquityBCDC launches Equity Leaders Program (ELP) a mentorship and leadership development program

Equity Bank Congo Contributes 1 Million Dollars in the fight against Covid-19

THE GOVERNMENTS OF DRC AND KENYA ANNOUNCE TRADE MISSION OF KENYAN ENTREPRENEURS TO DRC IN PARTNERSHIP WITH EQUITY GROUP AND ITS SUBSIDIARY EQUITYBCDC, TO STRENGTHEN BILATERAL TRADE IN EAST AND CENTRAL AFRICA

EQUITY BANK CONGO AND BANQUE COMMERCIALE DU CONGO (BCDC) RECEIVE REGULATORY APPROVAL FOR MERGER

Equity ranks position 7 in the list of top 10 banks in Africa in The Banker’s Top 100 African Banks 2020