Angola

The Republic of Angola is one of Africa's major oil producers, but even so it remains one of the world's poorest countries.


Link to external site : Website for Angola
Angola
Wallets
Development Developing
Send or Receive
GDP ($m)
HDI classification Medium
Mobile Connections (m)
Currency AOA
Class
CountryISO AO
Sovereignity Country
Territory of - NA -
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{"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"}}
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Channel Analysis
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COT Analysis
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Persona Analysis
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Products
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PI Analysis
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Central Bank
Key Regulations
Angola Payment Systems Law establishes legal framework for payment services
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Type of law
Legal System
Civil legal system based on Portuguese civil law; no judicial review of legislative acts
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Law is based on
Based on Portuguese civil law
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Approach
Sectors active in Digital Money
Exclusivity
Certainty
Openness
Proportionate?
Allowed Models
DominantModel
E-Money
Only Bank; Banco Sol Kumbu rechargeable VISA prepaid card
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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
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Money Transfer
Only banks allowes. Restricted with Exchange controls on current account transactions, even low value.
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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 %
Stock Immigrants ('000)
Emigration Rate %
Internal Migrants ('000)
Internal Migration Rate %
Intl Movement Rate %
Urban % 56.00
Female % 51.10
Literate % 67.40
Annual Growth %
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
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
Registered Wallet Users
Top Wallets
Informal Market
Cost To Remit
Key Players

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