Angola Slashes Benchmark Interest Rate by 125 Basis Points to Spur Growth

Africa · Southern Key Facts —The Decision. The Banco Nacional de Angola cut its benchmark rate by 125 basis points from 17.0% to 15.75% on 14 July 2026. —Inflation Context. Annual inflation fell to 10.11% in June 2026, an 11-year low, down from nearly 30% in mid-2024. —Growth Engine. Non-oil sectors expanded by 6.2% in…