Angola Growth and Inclusion DPF

closed

The development objectives of Growth and Inclusion Development Policy Financing Project for Angola aims to support the government of Angola to achieve more sustainable and inclusive growth, through (i) a macro-financial and institutional environment that is conducive to private-sector led growth; and (ii) financial and social inclusion. The DPF series is aligned with the World Bank’s maximizing finance for development (MFD) framework, the digital economy for Africa (DE4A) initiative and Africa regional strategy adopted in 2019. The operation supports MFD-enabling reforms, including macro-financial stability; improvements to the business climate; SOE reform and tariff reform. The DPF series further supports reforms in the telecommunications sector which are expected to enhance competition and market structure, and as such improve the availability, quality and cost of telecommunications services. Increased competition in telecoms, supported by financial inclusion measures, are expected to spur the development of new digital products and services and foster digital entrepreneurship.