{"id":99448,"date":"2026-06-22T17:20:12","date_gmt":"2026-06-22T17:20:12","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-boosts-economy-with-the-mobilization-of-new-funds-kwanzas"},"modified":"2026-06-22T18:06:15","modified_gmt":"2026-06-22T18:06:15","slug":"fgc-boosts-economy-with-the-mobilization-of-new-funds-kwanzas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-boosts-economy-with-the-mobilization-of-new-funds-kwanzas","title":{"rendered":"FGC Boosts Economy with the Mobilization of New Funds Kwanzas"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>Luanda – The Credit Guarantee Fund (FGC) has allowed the mobilisation of more than 1.126 billion kwanzas disbursed by the national commercial banks, in a universe of 19,867 business projects, since its creation 2012, a fact that reinforces the process of economic diversification and the consolidation of the non-oil productive sector in Angola.<\/b><\/p>\n

According to FGC statistical data for the 2025 balance sheet, the volume of financing resulted in the issuance of public guarantees valued at over 705 billion kwanzas, enabling the execution of 19,867 business projects nationwide.<\/p>\n

Operational indicators demonstrate that the manufacturing industry leads in attracting resources in the competitive import substitution strategy.<\/p>\n

FGC reinforces economic dynamism with the mobilization of 1.126 trillion kwanzas. While the industrial sector benefited from guarantees exceeding 291 billion kwanzas, which allowed it to leverage bank loans in a volume exceeding 465 billion kwanzas.<\/p>\n

In the rural development and food security segment, the agricultural sector absorbed more than 272 billion kwanzas in financing assisted by the FGC.<\/p>\n

The document adds that the agro-industrial, fisheries, livestock, trade and production support services chains also registered transversal growth in access to credit.<\/p>\n

Regional Decentralization and Employability<\/p>\n

According to the report, aligned with the policy of reducing regional asymmetries, the Credit Guarantee Fund (FGC) recorded a progressive internalization of private investment.<\/p>\n

According to the document, the provinces of Hui\u0301la, Benguela, Huambo, Bie\u0301, Malanje, and Ui\u0301ge lead the participation outside the capital axis, establishing new poles of economic and social development.<\/p>\n

In the area of employability, initiatives financed with the support of the Fund have generated a total of 57,548 direct jobs since 2012.<\/p>\n

“The year 2025 set an annual record for insertion into the labor market, with the creation of 21,778 new jobs,” the document reads.<\/p>\n

The Credit Guarantee Fund was created with the objective of mitigating credit risk in commercial banking and is considered a strategic instrument of the Angolan Executive for the transformation of savings into real investment, reinforcing the resilience of the national economy in the face of the volatility of the international oil market.<\/p>\n

For More News And Analysis About Angola<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. Luanda – The Credit Guarantee Fund (FGC) has allowed the mobilisation of more than 1.126 billion kwanzas disbursed by the national commercial banks, in a universe of 19,867 business projects, since its creation 2012, a fact that reinforces the process of economic diversification and the consolidation of the non-oil productive sector in […]<\/p>\n","protected":false},"author":84,"featured_media":99447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[329],"class_list":["post-99448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-angola"],"yoast_head":"\nFGC Boosts Economy with the Mobilization of New Funds Kwanzas - Angola<\/title>\n<meta name=\"description\" content=\"Luanda - The Credit Guarantee Fund (FGC) has allowed the mobilisation of more than 1.126 billion kwanzas disbursed by ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/fgc-boosts-economy-with-the-mobilization-of-new-funds-kwanzas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FGC Boosts Economy with the Mobilization of New Funds Kwanzas\" \/>\n<meta property=\"og:description\" content=\"Luanda - 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