Africa-Press – Angola. Gross credit to the non-financial sector in Angola amounted to 8.8 trillion kwanzas in January of this year, an increase of approximately 1.4 trillion kwanzas (19.3%) compared to the same period of the previous year.
In the same period, the stock of credit to the economy, in national currency, reached 7.2 trillion kwanzas, registering an increase of 1.1 trillion kwanzas (18.9%) compared to the same period of the previous year, according to the National Bank of Angola (BNA).
The indebtedness of the non-financial public sector totaled Kz 1.3 trillion, of which 65.8% relates to public administration and 34.2% to public companies, an expansion of 461.1 billion kwanzas in year-on-year terms.
In turn, private sector debt (private companies and individuals) recorded an increase of 972.3 billion Kwanzas (14.7%), going from Kz 6.6 billion in January 2025 to 7.6 billion Kwanzas in January this year.
The debt of non-financial private companies corresponded to 5.9 trillion, with an increase of 667.8 billion kwanzas (12.8%) and the debt of individuals corresponded to 1.7 trillion kwanzas, an increase of 304.5 billion kwanzas (22.0%).
The Central Bank reports that, in the first month of the year, gross credit directed to the Real Sector of the Economy totaled 1.9 billion kwanzas, more than 362 billion kwanzas (23.5%) in relation to the corresponding period of the previous year, driven mainly by the increase in resources made available to the extractive industry subsector, which recorded an increase in value of 296.2 billion kwanzas (59.2%).
Meanwhile, total credit granted under BNA Notice No. 10/2024 to promote the Real Sector reached 1.4 billion Kwanzas, representing 73.3% of total credit granted to this sector and 15.7% of the banking system’s gross credit portfolio.
Compared to the same period last year, there was an increase of 366.9 billion Kwanzas (35.8%), with emphasis on the financing of projects in the manufacturing industry subsector, which recorded an increase of KZ 177.3 billion (30.6%).
In terms of distribution by economic activity sectors, manufacturing industries totaled 793.2 billion Kwanzas, corresponding to 41.7% of the credit stock, of which 757.1 billion (95.4%) were granted under Notice No. 10/24.
Extractive industries were granted 796.5 billion Kwanzas, equivalent to 41.9% of the credit stock, of which 360.5 billion Kwanzas (45.3%) were allocated under the Notices on granting credit to the Real Sector.
Meanwhile, the subsector of Agriculture, Animal Production, Hunting, Forestry and Fishing totaled 310.8 billion kwanzas, representing 16.4% of the credit stock, of which 275.7 billion (88.7%) were granted under the BNA Notices relating to the promotion of credit to the real sector.
