Africa · Southern

Key Facts

—The Decision. The Banco Nacional de Angola cut its benchmark rate by 125 basis points from 17.0% to 15.75% on 14 July 2026.

—Inflation Context. Annual inflation fell to 10.11% in June 2026, an 11-year low, down from nearly 30% in mid-2024.

—Growth Engine. Non-oil sectors expanded by 6.2% in the first quarter of 2026, driving overall GDP growth of 5.3%.