Angola Cuts Interest Rate to 14.75 Percent

The Bank of Angola cut its main interest rate by 100 basis points to 14.75 per cent on Tuesday, marking its third consecutive rate reduction.

Policymakers eased monetary policy after consumer price growth slowed to 8.78 per cent in August, bringing national inflation into single digits for the first time since 2015.

The central bank previously lowered rates by 50 basis points in May and 125 basis points in July.

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Central bank officials maintained their year-end inflation target of 8.6 per cent while raising Angola’s 2026 economic growth forecast from 3.6 per cent to 6.15 per cent.

Angola cuts interest rate to 14.75 per cent (News Central TV) — A view of Luanda, Angola, April 15, 2026. Credit: REUTERS/Cesar Muginga

Rising global energy prices, driven by conflict in the Middle East, have significantly boosted revenues across both oil and non-oil sectors.

However, economists warn that elevated international shipping costs could still introduce imported inflationary pressures in the coming months.

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Abisoye Adeyiga

Abisoye Adedoyin Adeyiga holds a PhD in Languages and Media Studies and a Master’s in Education (English Language). Trained in digital marketing and investigative journalism, she is passionate about new media’s transformative power. She enjoys reading, traveling, and meaningful conversations.