Angola’s financial sector is regulated by the National Bank of Angola (BNA), which has played a crucial role in shaping the country’s financial landscape through regulatory reforms and initiatives aimed at promoting financial inclusion. The banking industry has grown significantly since the end of the civil war in 2002, with banking assets increasing by over 185% between 2012 and 2020. Despite this growth, over 50% of adults remain unbanked in 2024, and open banking frameworks are not yet on the horizon.

Recently, Angola has made strides in digital payment solutions. The country’s financial ecosystem is becoming increasingly digital, with platforms supporting mobile money, expanding ATM networks, and digital banking services to accommodate more users ​and connect unbanked populations to financial services.

Other key frameworks are being developed as part of Law 40/20, which covers payment services and financial data management​.