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Angola
12 July 2024

Angolan Banks’ Net Profit More than Doubled in 2023
The combined net profit of Angola's 21 banks more than doubled to AKZ 818.165 million (USD 987 million) in 2023, with the sector's total solvency ratio improving from 28.4% in 2022 to 30.3% last year, according to a report by financial consultancy Eaglestone. 
09 May 2024

Angola to Access Cash Held as Collateral Under China Development Bank Deal
Angola agreed with the China Development Bank, the country’s largest single creditor, to release cash held as collateral for a multibillion-dollar loan, its finance minister told the Financial Times
21 March 2024

China Open to “Adjustments” to Angolan Debt, Not Restructuring
Angola and Chinese lenders are discussing making changes to repayments on loans made to the southern African country, but those "adjustments" will not be a debt restructuring.
28 February 2024

Angola to Ban Cryptocurrency Mining Due to Energy Concerns
Angola is planning to ban and criminalize cryptocurrency mining and other virtual assets in the country to safeguard national energy security, local media reported.
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