BayQi project plans to train 1 million merchants in the digital economy

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The project “More Inclusive Commerce – Digital Neighborhoods”, from the platform BayQi, will train more than 1.000.000 traders in the tools necessary to thrive in the digital economy, revealed Fátima de Almeida, CEO of the platform.

Speaking to the National Assembly, on the occasion of the Workshop in reference to African Women's Day, organized by the Group of Women Parliamentarians, under the motto “Investing in Education: Guaranteeing the Future of Women and Girls in Africa”, the person in charge stressed that the project aims to promote digital and commercial inclusion in strategic neighborhoods of Luanda, facilitating access to digital financial services.

"Our vision is of a society without physical cash, where everyone has access to digital financial services. We are committed to transforming Luanda's neighborhoods into smarter, more connected communities“, said Fátima Almeida.

Furthermore, Fátima de Almeida explained that the project also includes the provision of training to train local residents and traders.

According to what was revealed to our editors, More Inclusive Commerce is an initiative that is part of the National Development Plan (PDN) and the Informal Economy Reconversion Program, which aims, among other aspects, to connect residents and traders in an ecosystem dynamic digital environment, boosting the local economy and opening up new opportunities.

Data from the platform indicate that the project aims to raise awareness, by June 2026, of more than 1.000.000 traders, providing them with the necessary tools to thrive in the digital economy and reach 10% of the Angolan population, offering financial education, digital training and promoting a more inclusive vision of the future.

For the end consumer, for example, it provides ease of use, security, accessibility, convenience, savings, and support for monetary policy by reducing the need to issue paper money. For sellers, it provides security and efficiency, increased sales, reduced operational costs, access to detailed transaction reports and digital training.

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