Hiring of Payment Agency (Banco Sol)

The tender pertains to the award of a contract for the hiring of a payment agency, specifically Banco Sol, as part of the Enhancing the Social Protection System for Human Capital and Resilience Project. This project is identified under the reference number P181495 and is financed by the IBRD with loan information referenced as IBRD-97180. The procurement method employed for this contract is Direct Selection, indicated by the reference number AO-MAT FAS-508700-NC-DIR. The awarded contract has a duration of 24 months and was officially notified on November 12, 2025. The total bid price at the opening was AOA 781,816,000.00, which is also the evaluated and signed contract price. The contract is awarded to Banco Sol, located in Luanda, Angola. This initiative is significant as it aims to enhance the social protection system, thereby contributing to human capital development and resilience in the region. The focus on a payment agency indicates a need for efficient financial transaction management within the framework of the project.

This is a services contract in the information and communication technology, finance and banking and social protection sectors, with a focus on Banking. Located in Angola, Africa, this opportunity is open to firms and consortiums, with an estimated budget of USD 781.8 million.

Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for services in the information and communication technology sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.