Congo-Brazzaville offers significant opportunities for international merchants who want to expand their E-commerce business into new markets. Here are few among others:
● With only 18% of the population having a bank account and less than 2% using credit cards, mobile money is the dominant digital payment method. Around 58% of adults rely on services like MTN MoMo for daily transactions, making them essential for E-commerce adoption.
● The Republic of Congo’s digital commerce market is valued at 434 million USD and is projected to grow at a compound annual growth rate of 22.9%, reaching 1 billion USD by 2029. As more consumers embrace online shopping, merchants have a growing opportunity to expand their digital presence.
● Mobile and internet penetration are at 95% and 60%, respectively for people over 15. Ongoing investments in broadband and mobile networks are further accelerating digital adoption, creating a more connected consumer.