Wallets | |
Development | Developing |
Send or Receive |
Send Register/Log In |
GDP ($m) |
61,403.28 Register/Log In |
HDI classification | Medium |
Mobile Connections (m) |
13.636 Upgrade to Bronze |
Currency | AOA |
Class | |
CountryISO | AO |
Sovereignity | Country |
Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["AO",17.019,56]],"options":{"title":"Countries","region":"AO","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["Unitel",7794958],["Movicel (Angola Telecom)",5841346]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",25000],["Q4 2001",87616],["Q4 2002",140795],["Q4 2003",330244],["Q4 2004",740000],["Q4 2005",1400000],["Q4 2006",2868700],["Q4 2007",4807000],["Q4 2008",7071600],["Q4 2009",9318039],["Q4 2010",11515556],["Q4 2011",13636304],["Q4 2012",15586773],["Q4 2013",17365760],["Q4 2014",18943504]],"options":{"title":"Connections"}}
Channel Analysis |
No data to report Upgrade to Bronze |
COT Analysis |
No data to report Upgrade to Bronze |
Persona Analysis |
No data to report Upgrade to Bronze |
Products |
No data to report Upgrade to Bronze |
PI Analysis |
No data to report Upgrade to Bronze |
Central Bank | |
Key Regulations |
Angola Payment Systems Law establishes legal framework for payment services Upgrade to Bronze |
Type of law |
Civil Upgrade to Bronze |
Legal System |
Civil legal system based on Portuguese civil law; no judicial review of legislative acts Upgrade to Bronze |
Law is based on |
Based on Portuguese civil law Upgrade to Bronze |
Approach |
Ex Ante Upgrade to Bronze |
Sectors active in Digital Money | |
Exclusivity | |
Certainty | |
Openness | |
Proportionate? | |
Allowed Models |
Bank Led Upgrade to Bronze |
DominantModel |
E-Money |
Only Bank; Banco Sol Kumbu rechargeable VISA prepaid card Upgrade to Bronze |
Payment | |
Agent |
Only bank; For bank a/c Need National Identity Card(BI), drivers license or foreign passport; Many lack the BI - Drive to provide all by 2015 Upgrade to Bronze |
Money Transfer |
Only banks allowes. Restricted with Exchange controls on current account transactions, even low value. Upgrade to Bronze |
Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",60.43],["Banked",25],["Internet",1],["Urban",56],["Adult",54],["Literate",67.4]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
Population m | 17.02 |
Adult % | 54.00 |
Migrants % |
0.34 Register/Log In |
Stock Immigrants ('000) |
65.40 Upgrade to Bronze |
Emigration Rate % | |
Internal Migrants ('000) | |
Internal Migration Rate % | |
Intl Movement Rate % | |
Urban % | 56.00 |
Female % | 51.10 |
Literate % | 67.40 |
Annual Growth % |
-1.70 Upgrade to Bronze |
Mobile Penetration % | 60.43 |
Banked % | 25.00 |
Access to FS % | 25.00 |
Internet % | 1.00 |
Branches per 100k adults | 5.53 |
ATMs per 100k adults | 7.82 |
POS per 100k adults | 24.64 |
Prepaid % | 99.00 |
Prepaid SIM Registration | |
MobileUnbanked (m) | 7.71 |
Monthly ARPU |
26.50 Upgrade to Bronze |
Cards 2010 ('000) | |
Propensity % |
Overall | |
Population | |
On Remittance Sent | |
On Remittance Received | |
Mobile Unbanked | |
Migrant % | |
MP % | |
Banked % | |
Development |
Can Provide Payments? | |
Can Market under Brand? | |
Can issue E-Money? | |
Can Open Customer Account? | |
Can Own Customer? | |
Can do Cash In/Cash Out? | |
Can offer Domestic Money Transfer? | |
Can offer International Money Transfer? |
Importance for Digital Money | |
Digital Money Adoption |
Long Term Upgrade to Bronze |
Registered Wallet Users | |
Top Wallets | |
Informal Market | |
Cost To Remit | |
Key Players |