Angolan Investment Bank develops mobile money; Angola Cables develops data centre/node with Akamai

15 Dec 2014

The Angolan Investment Bank (BAI) launched a marketing campaign for its new ‘E-Kwanza’ mobile money services on 9 December, highlighting the benefits to users, including transferring money to relatives via mobile phone, buying food via cashless transactions, and the increased personal security of travelling without large quantities of cash. As reported by Agence Ecofin, the E-Kwanza service is supported by the BAI which handles the security and compliance of all financial transactions, and was launched by the bank to expand its customer base as the percentage of people with bank accounts remains low. According to the report, the BAI claims that in Angola, the banking sector has taken the lead in the mobile money services segment, rather than development being driven by the mobile network operators themselves.

In other Angola news, submarine capacity consortium Angola Cables has partnered Akamai Technologies, a provider of cloud services for delivering, optimising and securing online content and business applications, to deploy an Akamai cluster within Angola Cables’ data centre facility ‘AngoNap’, which it says will improve regional connectivity across West Africa to network operators and internet service providers (ISPs) alike. The node will add content delivery network (CDN) capacity to the Angola Cables network and enable it to accelerate performance for content such as rich media, HTTP content, downloadable files, video, music, software updates and other web content. African end-users will in turn enjoy lower latency, faster speeds and more reliable service when accessing web services and content from around the world. Akamai said the partnership with Angola Cables will allow it to extend its Akamai Intelligent Platform in the continent and encourage interconnections between operators in the region.

Angola, Angola Cables