Angola’s central bank has reduced its key lending rate by 100 basis points, marking the third consecutive rate cut as the country’s inflation rate falls to single digits.

The latest decision by the National Bank of Angola (BNA) comes as price pressures have eased significantly, with inflation reaching its lowest level in more than a decade.

The rate reduction could influence borrowing costs, business financing and investment activity across Angola as companies and consumers adjust to changing monetary conditions.

The move also comes as Angola continues efforts to strengthen macroeconomic stability and support economic diversification beyond its traditional dependence on oil revenues. The IMF recently highlighted declining inflation and stronger non-oil activity while calling for continued reforms to improve the business environment and attract investment.