Angola invites Kenyan telephone operator to enter the national market

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On Wednesday, the Minister of Economy and Planning, Sérgio Santos, encouraged the Kenyan telephone company Safaricom to invest in the Angolan market, with a view to increasing competitiveness and competition in the telecommunications sector.

To that end, the Angolan government official invited those responsible for the aforementioned company to participate in a seminar that should take place in Angola in the near future, and take advantage of the moment to study ways of creating partnerships in the country.Sergio Santos addressed the invitation during a virtual bilateral meeting, on the subject, having said on the occasion that the Angolan market has 90% of the economy in the informal sector, so that the services of this operator will constitute gains for Angola.

Meanwhile, the Minister of Economy and Planning recognized the need and importance of the M-pesa tool, used by Safaricom for financial transactions by mobile phone, an experience that the Angolan authorities intend to take advantage of.

At the meeting, promoted by the Angolan ambassador to Kenya, Sianga Abílio, the Kenyan company was represented by Sitoyo Lopokoiyit, general director of M-pesa Africa, and by Ogugwa Adegbite, director of Strategy and International Expansion of Mpesa Africa. 

The Mpesa tool was created in Kenya in 2007 and is already used in Tanzania, Egypt, Mozambique, Democratic Republic of Congo, Ghana and Lesotho.

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