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Western Union & Angola Post Partner to Launch Money Transfer Services in Angola

Sam Wakoba by Sam Wakoba
6 years ago
in Business
4 min read
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western_unionA new deal between the Western Union and the Angola Post Office will see Western Union offer money transfer services for the first time to consumers in Angola to help them send and receive money convieniently.

In a partnership expected to offer money transfer services for the first time ever in Angola, Maria Luisa Andrade, president of the board of the Angola Post Office said, “The Postal Service in this country looks forward to being part of the continued economic development of the country. By offering Western Union services, we will be facilitating connectivity across the country, keeping our services relevant for years to come.”

A report by the Universal Postal Union (UPU) shows that over 80 percent of post offices in Sub-Saharan Africa are located outside their large cities and 82.5 per cent of the population is concentrated -providing unique outreach to unbanked citizens and migrants. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. This move will enable more users take advantage of the service in Angola.

Western Union picked on the government-owned Angola Post Office  which has over 50 branches, around 900 staff and serving over 20 million people in Angola to quickly and efficicently deploy its services instead of spending on a new agency network.  Angola Post Office also plans to build 150 more postal branches in three years.

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“We are delighted to start this collaboration with the Angola Post Office and are confident this will expand the network offering of Western Union services,” said Richard Malcolm, Regional Vice President for Southern and East Africa at Western Union. “We encourage investment in the country and remain positive that Angola will continue to prosper with the help of the international community.”

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Sam Wakoba

Sam Wakoba

Taking you on tour through Africa's tech ecosystem, one startup at a time! [email protected]

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