#BinanceSquare Since his official appointment on July 23, 2025, André WAMESO NKUALOLOKI asserts himself as a committed and visionary governor at the head of the Central Bank of Congo, abbreviated BCC.

Here is what he has already accomplished better laid as foundations, in 3 months, to strengthen monetary sovereignty and restore confidence in the Congolese franc.

#binanceWrite2Earn Indeed, named by presidential ordinance No. 25/239, this worthy son of the capital Kinshasa, LIVULU neighborhood stronghold of the Elites of the University of Kinshasa ex Lovanium, succeeds Malangu Kabedi Mbuyi, former Governor and former Deputy Chief of Staff to the Head of State in charge of economic and financial issues. Thanks to his coordinated start of duties with the Government, inflation was brought down to 7.9% year-on-year by the end of July 2025, compared to 21.8% in June 2024 and 23.8% in December 2023.$BTC $BNB $ETH

#FederalReserve Currently, the exchange rate of the Congolese Franc shows a depreciation of less than 1% over the period compared to much higher rates previously.

#AndreWamesoNkualoloki His action plan to restore confidence in the Congolese franc can be summarized in three verbs that the common Congolese people have forgotten, namely: favor the preference for the Congolese Franc in national financial transactions; encourage banks to grant loans in local currency, particularly in the housing sector; and strengthen savings in Congolese francs through vehicles such as treasury bonds or local currency pension funds.

As for his active monetary policy, it is based on interventions in the foreign exchange market where the BCC, under his leadership, has implemented a series of measures aimed at smoothing the imbalances caused by mandatory reserves, particularly when they were set without taking into account deposits in foreign currencies, of sad memory at the writing of this publication. Notably, the announcement of a decrease in the key rate from 25% to 17.5%, reducing the cost of credit, along with the marginal lending facility rate declining from 30% to 21.5%.

It should be noted that supporting such an ambitious policy involves institutional strengthening and internal reforms, which led to the installation of a new management team at the BCC, with the appointments of cabinet directors and deputies made public, focusing on internal governance, institutional transformation, and digitalization that induce the establishment of a strategic plan aimed at modernizing the central bank, monetary sovereignty, structural resilience, local savings, and reducing dependence on foreign currency.

Certainly, challenges that shift the lines! Only the action of giving the population renewed confidence in the Congolese Franc "CDF" to reduce the use of foreign currencies, which remain predominant in internal transactions.

Also, preserving the purchasing power of Congolese people in the face of external pressures: prices of imported goods, economic shocks citing the effects of the trade war, the war in Ukraine, the war in the East of the country, etc., while maintaining low inflation.

In the age of digital and cryptographic revolution, the Governor of the Central Bank of Congo, André WAMESO NKUALOLOKI, is adamant about further digitizing banking services and payments to reach remote areas and formalize the informal economy.

Moreover, André WAMESO NKUALOLOKI does not only set macroeconomic objectives; he also proposes an inclusive vision of the DRC, viewed not just as a simple reserve of raw materials but as a key player in technological and financial development in Africa, which inevitably involves social reforms through education, financial inclusion, housing, etc., through citizen participation and institutional strengthening. "He who builds on solid ground does not tremble when the winds blow."

#BanqueCentraleDuCongo