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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Angolan central bank policymakers said US President Donald Trump’s protectionist polices didn’t factor into their decision to leave borrowing costs at 19.5% for the fourth consecutive time.

The returns on equity at Angolan banks — at between 20 per cent and 30 per cent — exceed those of many African peers, Lopes says. This rests on heavy investment in government securities. Angolan banks ...