Luanda: Gross credit to the non-financial sector in Angola reached 8.9 billion kwanzas in November 2025, marking an increase of approximately Kz 1.2 billion (15.9%) compared to the same period last year. According to Angola Press News Agency, the National Bank of Angola (BNA) arriving today at the ANGOP value, of this gross value, 86.1% is attributed to the debt of the private sector, while 13.9% belongs to the public sector. The stock of credit to the economy in the national currency stood at 7.2 billion kwanzas, showing an increase of 1.3 billion kwanzas (21.1%) compared to November of the previous year and an increase of Kz 1.2 billion (20.0%) compared to December 2024. Private sector debt saw a rise of 819.5 billion kwanzas, from 6.9 billion in November 2024 to 7.7 billion kwanzas in November 2025. The debt of private non-financial companies was 6 billion, showing a growth of 9.4%, while the debt of individuals was recorded at 1.7 billion kwanzas, increasing by 21.8%. The Central Bank reported that gr oss credit directed to the real sector of the economy totaled 1.9 billion kwanzas, an increase of 280.8 billion kwanzas (17.6%) from the same period the previous year. This variation was primarily driven by the rise in resources channelled to the extractive industry subsector, which increased by 224.5 billion kwanzas. Total credit granted to promote the real sector reached 1.3 billion kwanzas, accounting for 71.5% of the total credit available to the sector and 15.1% of the banking sector's gross credit portfolio. The note highlights a 295 billion kwanzas (28.1%) increase from the same period last year, particularly in financing projects within the manufacturing industry subsector, which saw an increase of 138.6 billion kwanzas (23.1%). In terms of subsectors of economic activity, manufacturing industries benefited from 795.9 billion kwanzas, representing 42.3% of the credit stock, with 738.3 billion (92.8%) granted under BNA Notice No. 10/24. The extractive industries received 734 billion kwanzas, constitu ting 39% of the credit stock, with 360.5 billion kwanzas (49.11%) allocated under notices on granting credit to the real sector. The agriculture, animal production, hunting, forestry, and fishing subsector received Kz 350.8 billion, making up 18.7% of the credit stock, of which 246.4 billion kwanzas (70.2%) were granted under the BNA Notices promoting credit to the real sector.
