Angola advances economic diversification with tourism investment and banking reforms

At the Angola Investment Summit 2026, Tourism Minister Márcio Daniel said the country recorded about US$9.8 billion in gross foreign direct investment in 2024 and that net inflows turned positive in 2025. Non‑oil investment rose from US$353.5 million in 2024 to US$564.8 million in 2025 – an increase of roughly 60 %. Daniel highlighted tourism as a “green oil”, accounting for about 3 % of non‑oil FDI and offering potential returns of 15 %–20 % in well‑structured projects.

At the 20th “Banca em Análise” conference in Luanda, Deloitte Angola presented its 2026 annual banking report. It noted a regulatory capital adequacy ratio above 23 % and a cost‑to‑income reduction of around three percentage points, signalling strong solvency and profitability. Banking products grew about 20.8 % and foreign‑exchange results rose roughly 29.4 % last year. The firm urged Angolan banks to become strategic partners in the country’s diversification, emphasizing digitalisation, artificial‑intelligence‑driven credit, open‑banking initiatives and financial‑inclusion efforts outlined in the National Financial Inclusion Strategy 2025‑2027.