At N-Soft, we’re beyond excited to announce our new partnership with the Ministry of Finance in Guinea-Bissau. With N-Soft’s solutions, the national authorities will have the tools they need to follow through with the IMF’s directives and boost revenue mobilization from pivotal industries, including mobile money, gambling, telecom, and banking.

The timing couldn’t be more perfect, especially with the IMF’s latest review highlighting the pressing need for enhanced revenue mobilization in Guinea-Bissau. Thankfully, the African continent is on the brink of a digital and financial renaissance, especially in the untapped digital and informal sectors of the economy. From the burgeoning gambling market expected to hit USD 3.72 billion by 2029 to the booming mobile money market forecasted to reach $3.44 billion by 2032 and steady growth in remittances and telecommunications, the opportunities for revenue mobilization are vast.

Hearing from Minister of Finance Ilídio Vieira Té, the enthusiasm is palpable: “As Minister of Finance, I am proud to announce our partnership with N-Soft for the implementation of cutting-edge technological governance solutions. This collaboration marks a significant step forward for Guinea-Bissau, enabling us to harness the potential of our digital sectors, including Mobile Money, Telecom, Gambling, and Banking. With real-time transaction reporting, we are poised to optimize revenue collection, ensuring all due taxes are accounted for. This heightened transparency not only enhances our business environment but also makes Guinea-Bissau a more attractive destination for external investors. Together, we are paving the way for sustainable economic growth and prosperity.”

At the heart of our approach is our innovative governance technology, meticulously designed to streamline and secure the processing of crucial economic data. Our rapid deployment capability means that within just 13 weeks, we can bring about tangible benefits, ensuring seamless integration and operation while keeping data securely managed locally.

Plus, with N-Soft, it’s not just about the technology; it’s about a partnership tailored to the unique needs and aspirations of each nation. Our flexible payment models, including a performance-based approach, ensure that our success is directly aligned with the tangible benefits we deliver.

Follow along as we embark on this exciting journey with Guinea-Bissau, setting new standards in revenue mobilization and opening new doors to sustainable economic growth. After all, we’re not just building solutions; we’re crafting a brighter future, one partnership at a time.