| Product Code: ETC5416421 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The mobile money market in Angola is growing, driven by the adoption of mobile payment solutions, digital wallets, and financial inclusion initiatives to facilitate secure, convenient, and affordable financial transactions on mobile devices. Mobile money services enable users to deposit, withdraw, transfer money, pay bills, and access microfinance services via mobile phones, expanding access to financial services among unbanked populations. With Angola`s mobile banking regulations, smartphone penetration, and mobile-first payment preferences, the market for mobile money is expanding, supported by partnerships between telecom operators, financial institutions, and fintech companies.
The mobile money market in Angola is driven by the demand for convenient and secure financial services on mobile platforms. Mobile money offers benefits such as easy access to financial transactions, improved financial inclusion, and enhanced payment security. The focus on expanding financial services and digital payments supports market growth.
The Angola Mobile Money Market is challenged by regulatory and compliance issues, along with concerns over security and fraud. Additionally, there is a need for extensive consumer education and reliable network infrastructure.
To increase financial inclusion, the Angolan government supports the mobile money market with policies that promote the use of mobile payment solutions. This includes partnerships with telecom companies and financial institutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Mobile Money Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Mobile Money Market - Industry Life Cycle |
3.4 Angola Mobile Money Market - Porter's Five Forces |
3.5 Angola Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Angola Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Angola Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Angola Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Angola Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and internet connectivity in Angola. |
4.2.2 Government initiatives to promote financial inclusion and digital payments. |
4.2.3 Growth of e-commerce and online transactions in the country. |
4.3 Market Restraints |
4.3.1 Lack of awareness and trust in mobile money services among the population. |
4.3.2 Limited access to banking services and infrastructure in rural areas. |
4.3.3 Regulatory challenges and compliance issues in the mobile money sector. |
5 Angola Mobile Money Market Trends |
6 Angola Mobile Money Market Segmentations |
6.1 Angola Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Angola Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.3 Angola Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.4 Angola Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Angola Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Angola Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Angola Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Angola Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Angola Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Angola Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Angola Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Angola Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Angola Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Angola Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Angola Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Angola Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Angola Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Angola Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Angola Mobile Money Market Import-Export Trade Statistics |
7.1 Angola Mobile Money Market Export to Major Countries |
7.2 Angola Mobile Money Market Imports from Major Countries |
8 Angola Mobile Money Market Key Performance Indicators |
8.1 Number of active mobile money users in Angola. |
8.2 Transaction volume and value processed through mobile money platforms. |
8.3 Average revenue per user (ARPU) for mobile money services in the market. |
9 Angola Mobile Money Market - Opportunity Assessment |
9.1 Angola Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Angola Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Angola Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Angola Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Angola Mobile Money Market - Competitive Landscape |
10.1 Angola Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Angola Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |