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Banking sector: BAI plans to deploy free Wi-Fi points as early as January 2025

04/12/2024
Source : ORISHAS FINANCE
Categories: Sectors

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The Angolan Investment Bank (BAI) plans to deploy 120 free Wi-Fi points in Angola starting in January 2025.

The latest official statistics show that 67% of the Angolan population does not have access to mobile Internet. For this reason, the government and the private sector are multiplying initiatives to bridge this digital divide. The initiative of the Angolan Investment Bank (BAI) is part of the corporate social responsibility policy. It can contribute to improving Internet access in a country where the penetration rate is 33% according to the latest official data. The deployment of Wi-Fi points by the BAI can contribute to removing the barrier of expensive Internet services in the areas concerned. According to the financial institution, “the first phase of the program will last 12 months, until December 2025, during which we will assess the performance of access points, the ease of maintenance and the acceptance of local communities, as well as the support of municipal governments.” In fact, improving access to the Internet can play a key role in Angola's socio-economic development

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