Luanda, Angola – December 9, 2024 – The Conference on Financial Inclusion and Literacy brought together over 180 stakeholders, including policymakers, financial experts, and community leaders, to discuss strategies for achieving financial inclusion in Angola.
Organized by IDG’s United States Agency for International Development (USAID) Technical Assistance Project for Economic Growth (TAP EG) Dinheiro Digital É Melhor (“Mobile Money is Better”), USAID/Angola, and the National Bank of Angola (BNA), the event featured opening remarks from US Ambassador James Story, BNA Governor Dr. Manuel Tiago Dias, Katia Conceicao, Managing Director of Afrimoney Angola, and IDG CEO David Snelbecker.

The agenda featured four impactful panel discussions:
- The State of Financial Inclusion and Mobile Money: Panelists discussed the barriers to mobile money adoption in Angola, such as limited access and lack of documentation, emphasizing the importance of collaboration to drive financial inclusion.
- Digital Innovation for Inclusion: Discussions highlighted how Service and Payment Providers and digital solutions are promoting financial inclusion in Angola and across Africa.
- Financial Literacy Initiatives in Angola: Speakers called collaboration, innovative outreach strategies, and aligned communication efforts to educate diverse populations, particularly rural and underserved communities.
- Public-Private Partnership: Panelists explored the role of public and private partnerships in promoting financial inclusion, highlighting successful initiative like the Angola’s Real-Time Interbank Transfer System.
The day wrapped up with closing remarks from Estelle Brack, USAID TAP EG DDM Activity Director, urging attendees to collaborate in improving Angola’s financial health.
Expanding mobile money adoption, enhancing financial literacy, and addressing infrastructure gaps are essential for advancing Angola’s digital economy and financial inclusion. The conference underscored the importance of collaborative efforts among stakeholders, the expansion of mobile money adoption, targeted financial literacy programs, and the development of inclusive financial products to empower underserved communities and foster a more equitable digital economy.
The conference represents a leap towards a brighter, more inclusive financial future for Angola.