Africell to launch Afrimoney product to millions of customers Africa accounts for two-thirds of $1.3 trillion transactions
Africell Holding SAL will launch new financial services this weekend in Angola, a country that’s lagged behind as the rest of Sub Saharan Africa dominated the mobile payments market.
Also read: Angola rises five positions in Global Innovation Index
The firm invested more than $150 million to build out its mobile phone network in Angola and has attracted 7 million customers since started operating in the country in 2022. The Afrimoney product is now rolling out after being available via Africell in the DRC, Gambia and Sierra Leonne.
Source:
Bloomberg
