The BNA has introduced a new regulatory measure, marking another step on its journey to making Angola an enticing investment prospect.
Africa
Latest articles from Angola

Angolan banks battle against economic headwinds
October 5, 2020Despite entering the fifth year of a deep recession, there is hope Angola may be able to claw its way out of the slump.

Angola banks maintain profitability amid hopes of speedier reforms
September 3, 2018Angola knows it must diversify away from oil and is lucky to have alternative possibilities waiting in the wings. But it is slow going, say the country's banks.

Angola finance minister forecasts imminent return to growth
September 3, 2018Angola’s finance minister talks to Peter Wise about diversifying the economy away from oil, tackling a shortage of foreign exchange and lifting economic growth.

Can Angola’s new business-friendly government kick-start the economy?
September 3, 2018Change is coming to Angola’s formerly state-focused economy, including anti-corruption and pro-business measures.

Archer Mangueira: getting Angola's import-export balance right
January 2, 2018The Angolan finance minister talks to James King about his reform plans to bolster foreign exchange reserves while making the country more self-sufficient in key goods.

Angola's banks look to rise to the challenges
July 3, 2017Diminishing oil receipts, a threat of consolidation, a looming Basel II compliance deadline, a loss of US dollar correspondent banking relationships, a shortage of foreign capital... The challenges facing Angola's banks are many, which makes the strong performances of some in the sector all the more impressive, writes James King.

Angola struggles to cut oil ties
July 3, 2017After contracting in 2016, the Angolan economy is expected to make a slight recovery in line with the improvement in oil prices. However, the government has been slow to deliver the diversification that could improve the country’s fortunes further. James King reports.

Angolan SWF chairman looks to facilitate move away from oil
February 1, 2017Josė Filomeno dos Santos, chairman of Angola’s sovereign wealth fund, outlines how it is reducing the country’s dependence on oil in favour of infrastructure, agriculture and timber. James King reports.
Angola faces challenges on road to reform
July 1, 2016Post-conflict Angola is seeking to move away from its dependency on oil revenues and develop its other plentiful resources. However, the route is littered with challenges such as long-standing corruption, burgeoning red tape and social inequality, all of which are likely to hinder the government's progress. James King reports.