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Africa
Economy

Angola seeks access through bank

12 Jan 2024 - by Staff reporter
 Source: Further Africa
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The Angolan head of state, João Lourenço, and the president of Access Bank, Herbert Wigwe, met in Luanda Province recently where they discussed issues related to the creation of partnerships to strengthen national production of goods and services.

Wigwe told the press that the meeting had served to find the best ways to create partnerships with the Angolan government in a wide range of areas, especially infrastructure.

He said that the company was part of the Access Bank Group, which was already present in Angola and which aimed to increase investment, develop the market and make Angola's Gross Domestic Product grow, as is the case in other markets.

As far as the private sector is concerned, Wigwe said that the group's activity was more focused, since a team was already in the country with the task of identifying ways to strengthen the Angolan economy through the creation of credit lines, without specifying the amounts to be made available.

Access Bank is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator.

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