In most of developing countries, the public transportation remains the challenges for most of the population. This inherent situation is observed in Democratic Republic of the Congo (DRC) where the demand of public transportation exceeds the supply. It has been found that public transportation companies are created, but they eventually fall into bankruptcy. The causes can be of course diverse. The objective of this study is to trace and describe the life cycles of these transportation companies of DR Congo in the diachronic and synchronic perspective. Using the documentary analysis of secondary data and interviews, the findings provide a description of the life cycles of the DRC transportation companies according to their cycle duration, types and steps in the diachronic and synchronic perspective.