Angola Taux d'intérêt

The National Bank of Angola cut its key interest rate by 50 bps to 18.5% at its November 2025 meeting, marking the second consecutive reduction this year. The decision reflects improving macroeconomic conditions, particularly slowing inflation, and monetary indicators pointing to reduced short-term inflationary pressures. Angola’s annual inflation rate continued to fall to reach 17.43% in October 2025, the lowest since October 2023, extending the downward trend that began in August 2024. Policymakers noted that inflation is expected to keep decelerating through year-end, supported by adequate liquidity, greater availability of essential goods, and relative exchange-rate stability. For 2025, inflation is projected at 17.0%, with a margin of ±0.5 percentage points, while preliminary forecasts for 2026 point to a further decline to 13.5%. The lending facility rate was lowered to 19.5% from 20%, and the absorption facility rate to 16.5% from 17%.