Africell, a pan-African mobile network provider, has launched its “Afrimoney” mobile money service in Angola. This launch was made possible in collaboration with the National Bank of Angola (BNA).
This move follows a phase of testing a pilot programme, and Africell thinks that the new platform would “digitize” the country’s informal economy and “unlock” those who do not have bank accounts, contributing to the country’s economic growth.
Deposits, cell phone recharges, person-to-person transfers, bill payments, and payments to merchants are all supported via Afrimoney’s platform. It also plans to diversify into the provision of financial services such as credit, savings, and insurance.
The platform’s main purpose is to provide useful financial instruments to almost half of Angolans who do not presently have bank accounts. Individuals who are connected to the network will be able to conduct digital commerce with one another as a result of this advancement. Users in the Democratic Republic of the Congo, the Gambia, and Sierra Leone can presently access the Afrimoney app.
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What Africell Has in Store for New Clients
As a way of saying thank you to new clients, the company offers free person-to-person transactions, and a bonus of one hundred percent on all mobile recharges that are paid for using mobile money.
Ziad Dalloul, the Chief Executive Officer of Africell Group, views the launch of Afrimoney as a crucial component of the company’s aim to assist consumers in leading more comfortable lives, remaining more connected, and gaining access to a vast array of digital services, all of which are linked together by mobile money.
About Africell
About one thousand people are directly employed by Africell across multiple countries, and the company indirectly contributes to the creation of thousands more jobs.
They are a US-owned company with headquarters in London, United Kingdom. Because of their positive social effect, their entrepreneurial spirit, and the openness with which they conduct their company, Africell is the right mobile network provider for Africa’s future.
Over 16 million subscribers take advantage of their high-speed and dependable mobile network coverage, as well as their other technology-related services. They assist sub-Saharan Africa in gaining access to the remarkable long-term benefits that digital connectivity has to offer by providing a variety of voice and SMS solutions, data services, and Afrimoney, their mobile money platform
Africell is a perturbing agent. They take on inefficiencies, welcome new ways of thinking, and produce cutting-edge goods and services that make a difference in people’s lives in a meaningful way.
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About Afrimoney
Similar to a digital bank account, Afri Money allows you to safely move money between accounts, store it, and manage it all through an account that is linked to your Africell sim card. With an Afrimoney account, you may do the following: Move money, either within your country or to another country. Make payments on your debts, including those to EDSA, DSTV, and WAEC, among others. Simply dial *777# to gain access to Afrimoney.
If you have an Afrimoney account, you’ll have the ability to do the following: transfer money (either domestically or abroad), pay all of your invoices and fees and make payments for purchased products and services.