U.S. technology leader Cybastion signed a partnership agreement with the Democratic Republic of Congo (DRC) on April 15 to expand the central African country's digital infrastructure and strengthen cybersecurity capabilities during a high-level reception in Washington, D.C.
Held on the sidelines of the IMF and World Bank Spring Meetings in Washington, D.C., Cybastion convened senior U.S. and African government officials, investors and technology executives for a high-level reception aimed at amplifying investment opportunities in Africa's growing digital economy.
The historic partnership agreement between Cybastion and the DRC marked a new phase in the U.S.-Africa digital partnership and an expansion of the company’s Digital Fast Track program.
The evening reception showcased the milestones and progress of the company's Digital Fast Track program, an accelerated roadmap to advance Africa's digital transformation and unlock unprecedented U.S. trade and investment opportunities across the continent.
H.E. Augustin Kibasa Maliba, the DRC's Minister of Digital Economy, said the agreement aligns with the country's vision for digital sovereignty, expanded connectivity and talent development.
The Cybastion-DRC agreement establishes a framework for partnership in areas such as data centers, connectivity, cybersecurity, fintech and artificial intelligence. “This partnership reflects a shared commitment to creating secure and resilient digital ecosystems capable of supporting long-term economic growth,” saidCEO of Cybastion Dr. Thierry Wandji.
Last year, the U.S. State Department unveiled its new approach to commercial diplomacy aimed at boosting support for U.S. businesses.Dan Travis, Director of Economic and Regional Affairs for the Africa Bureau of the U.S. Department of State, outlined the State Department's vision for deepening U.S. commercial diplomacy in Africa.
As U.S. companies increasingly seek new opportunities in emerging markets,Florie Liser, President of the Corporate Council on Africa (CCA), highlighted ways in which US companies can enter the digital sector in the DRC and across Africa.
Dr Guevera Yao, vice president of the US-Africa Business Center of the United States Chamber of Commerce, highlighted the Chamber's series of commitments at the presidential and ministerial levels to attract American investments to the DRC, particularly in digital transformation, critical minerals, infrastructure and energy.
Bintou Kaboré Zerbo, Executive Director of the Institutional Investor Network (IIN), spoke about IIN's partnership with Cybastion to catalyze funding for the tech company's digital transformation projects in Africa.
To learn more about the Digital Fast Track program, visit the Digital Fast Track page.
