On Thursday, July 4, the car dealer Congo Motors signed a memorandum of understanding in the Democratic Republic of Congo (DRC) with Equity Banque Commerciale du Congo (Equity BCDC) (Equity BCDC), a subsidiary of the Kenyan financial services holding company Equity Group Holdings.

The agreement between Congo Motors and Equity BCDC focuses on the establishment of an asset financing mechanism aimed at accelerating the mechanization of agriculture by facilitating farmers' access to a wide range of agricultural machinery, including tractors. The bank is committed to pre-financing 80% of the cost of purchasing machines from Congo Motors for the benefit of farmers and agricultural cooperatives under this partnership. According to Célestin Mukeba, managing director of Equity BCDC, “the beneficiaries é will not need to provide mortgage guarantees.

A en croire Mouadh Ben Ameur, directeur g n Summer ral de la compagnie Congo Motors Sarl, “cette collaboration porte galement sur l 'E' offre de services de maintenance des quipements par une Summer quipe d di Summer e, des techniciens qualifi é s as well as a technical assistance and training program to ensure effective use of the machines