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Angola secured $400M in guarantees for a debt-for-education swap, freeing funds for schools, with a $750M loan for infrastructure and a health swap under consideration.
Angola has received World Bank and MIGA approval for financial guarantees enabling a $400 million debt-for-education swap, allowing the country to refinance high-cost debt and redirect funds toward school construction and education improvements.
This marks the second such deal backed by the World Bank, following a 2024 agreement with Côte d’Ivoire.
A separate $750 million development policy loan was approved for the Lobito Corridor infrastructure project.
Angola is also exploring a debt-for-health swap, though details remain pending.
The moves reflect a growing trend of innovative financing to address debt pressures and support development amid declining global aid.
Angola obtuvo $ 400 millones en garantías para un intercambio de deuda por educación, liberando fondos para las escuelas, con un préstamo de $ 750 millones para infraestructura y un intercambio de salud bajo consideración.