BDO East Africa, a public accounting, tax, and advisory firm is planning to start operations in the Democratic Republic of Congo by 1st October tapping into increased opportunities that have been amplified following the central African nation’s admission to the East African Community.
BDO East Africa CEO Sandeep Khapre said the firm’s DRC expansion reflects the firm’s zeal to take its advisory and consultancy services closer to its clientele across the continent and a response to the demand for new and cutting-edge technologies by companies trading in the DRC.
Sandeep Khapre, the CEO of BDO in East Africa said the firm’s expansion into DRC reflects its zeal to take its Audit and Assurance, Taxation, and Business Advisory services closer to its clientele across the continent, as a response to the growing demand for businesses expanding into DRC following her admission into the EAC.
“We have a wealth of experience in setting up operations in new territories that have made it possible for clients to access the latest in financial services solutions which are becoming increasingly necessary to assist them to navigate the ever-changing business landscape. Our soon-to-be-open Kinshasa office will offer clients these solutions,” said Mr. Khapre while speaking to Press during the BDO Financial Services Roadshow held at the Kempinski Hotel in Nairobi, Kenya.
The two-day event aimed at sharing ideas and solutions to global challenges and emerging trends including increased competition, rising customer expectations, outdated mobile experiences, security breaches, regulatory compliance, changing business models, customer retention, continuous innovation, and antiquated applications.
Panelists at the BDO Financial Services Roadshow added that increased intra-Africa trade such as what the DRC’s EAC acceptance heralds, will be accelerated by the adoption of emerging technologies such as blockchain.
“We need to explore solutions such as blockchain technology which has the potential for developing innovative applications that can ease transactions,” said BDO Partner and Head of Financial Services Technology Nevellan Moodley.
Panelists at the roadshow also discussed other key challenges facing financial institutions including the newly introduced Data Protection laws.