Digital transformation has been very much a theme of recent financial technology news from Angola, in the shape of initiatives from payment giant Mastercard and the US government, supported by the Angolan government and local businesses.
Mastercard has entered a strategic partnership with the Empresa Interbancária de Serviços to roll out a co-branded contactless card with what is known as EMV technology to boost the digital economy and accelerate digital transformation in Angola. hese potential developments mark a significant boost for the Angolan Central Bank, which seeks to advance financial inclusion for millions and grow the country’s digital economy.
