Tue, 27 Jun 2017 07:49 - Updated Tue, 27 Jun 2017 07:49
Angola: BNA and Telecommunications Ministry sign cooperation deal
Luanda - A cooperation agreement aimed at enabling the transfer of values and payment of products via mobile phones was signed on Monday in Luanda by the National Reserve Bank of Angola (BNA) and the Ministry of Telecommunications and Information Technology.
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
BNA and IT ministry sign agreement
Photo: Francisco Miudo
The deal was signed by the Executive director of BNA, António Ramos da Cruz, and the chairman of the Board of Directors of the Angolan Institute of Communications (INACOM), Leonel Inácio Augusto.
Angop learnt that the agreement aims at creating conditions for financial services to send and receive faster and easier, using technology available to everyone in different parts of the country.
According to the director of payment system of BNA, João Romão Coje, the new system tends to make possible the payment of several consumer goods, bank transfers and valuation.
For the operation of this system, João Romão Coje considered important the implementation of a network of agents that will be affiliated to the system and will accept the payments and collection of values made by mobile phones.
The official also stressed the existence of agents already affiliated to the mobile telephone networks, which will facilitate the process of payment of goods and services.
Regarding the licensing of agents, João Romão Coje said that it will be regulated by BNA that will deal with commercial banking and financial services, as well as the Angolan Institute of Communications (INACOM), which will be responsible for communications.
BNA Governor, Valter Filipe da Silva, and the Minister of Telecommunications and Information Technologies, José Carvalho da Rocha, were present at the signing ceremony of the agreement.
- 28/01/2019 19:19:49
Luanda - The National Reserve Bank (BNA) decided to lower the basic interest rate from 16.5 percent to 15.75%. This decision was driven by the fact that the inflation had a decreasing trend in 2018, as well as the contraction of the Monetary Base of 10.71%.
- 07/01/2019 17:37:13
Luanda - The shareholders of Banco Postal denied on Saturday that the institution is in situation of bankruptcy underlining that it owns net current assets enough to fulfill with its responsibilities.
- 30/11/2018 12:08:30
Luanda - The Net Foreign-Exchange Reserves of Angola dropped USD 7.3 billion in one year, by moving from USD 20.8 billion to USD 13.5 billion between December 2016 and December 2017.
- 29/11/2018 11:01:58
Luanda - Angola has announced the launch of mobile payments through mobile phones by 2019 to diversify the payment systems.