Angola Opens State of the Art Cash Centre

President João Lourenço of Angola has officially opened the National Bank of Angola’s new high-tech cash centre – Casa do Kwanza – in the capital, Luanda for the storage, processing and distribution of the country’s currency, the kwanza. The cash centre has been four years in the making, at a budgeted cost of approximately Kz 33 billion ($36 million).

The construction of the complex of the 10 buildings that make up Casa do Kwanza began in 2021.

Occupying a 10-hectare site, it includes an administrative building of nearly 7,500m2, a 10,760m2 building for the processing and destruction of banknotes and coins, a fully automated vault, and a series of technical support buildings.

The design, supply, and management of the implementation of the infrastructure project was undertaken by Giesecke+Devrient (G+D), from the building concept, IT and security requirements to the cash handling processes. This included equipping the building with highly automated systems for the efficient and secure processing of up to 4 million banknotes daily, destruction equipment for unfit notes and coins, state-of-the-art IT and security infrastructure, and a multilevel vault to store banknotes and coins, as well as gold, diamonds and works of art.