Regulatory Alerts2019-10-06
Notice No. 07/2019 of October 7
The Governor of the National Bank of Angola issues Notice No. 07/2019 to amend Article 1 and revoke paragraph 3 of Article 5 of Notice No. 4/2019, thereby expanding the range of essential national goods eligible for banking credit to address domestic supply deficits and boost exports. The revised scope explicitly qualifies poultry, livestock, major crops (including rice, sugarcane, beans, maize, soy, coffee, wood, tropical fruit, and palm), milk, cooking oil, fish, blue soap, and common salt, alongside the acquisition of technology, machinery, equipment, and know-how. This regulatory update takes effect upon publication to facilitate targeted credit concessions that strengthen the real economy's production and trade balance.
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