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Kwanza Joins SADC Settlement

Angola's Kwanza Becomes SADC's Second Settlement Currency

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsPan-AfricanAug 3, 2026

Angola's kwanza has been adopted as the second settlement currency within the SADC regional payment system, marking a concrete milestone in southern Africa's payments integration. The development expands the regional settlement framework beyond its initial single-currency structure.

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