Legal Insight

Coronavirus Angola: Credit lines for production of essential goods


In the context of combating the impact of the COVID-19 pandemic on  the economy, the National Bank of Angola approved Notice no. 10/2020 of 3 April 2020, which establishes special credit lines for national producers of essential goods. The credit lines must be made available by financial banking institutions to national production and they can be used by projects that have shortfalls in supply of production, raw materials and investment. The credit can also be used as capitalisation to acquire technology, machinery and equipment.


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