Angola continues to access international markets and meet its financial obligations despite facing high borrowing costs, Minister of State for Economic Coordination José de Lima Massano said on Monday, 21 September 2026, in New York.
Speaking after the Africa Finance Corporation Forum, Massano argued that Angola’s financing costs do not accurately reflect the strength of its economy, noting that the country pays more than some nations that periodically default on their debts.
He attributed the disparity partly to how international markets assess African economic risks and called for a more differentiated approach that considers each country’s potential and circumstances.
Massano also urged African countries to coordinate their engagement with regulators and international financial institutions, possibly through the African Union. He said the continent must improve domestic resource mobilisation, strengthen its institutions and use its reserves more effectively to finance development.
He added that Angola’s structural reforms were designed to boost production, create jobs and open the economy, while closer integration with international markets could help African countries secure financing on more favourable terms.