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Second Angola Growth and Inclusion Development Policy Financing Operation

Abstract*

The development objective of the Second Growth and Inclusion Development Policy Financing Project in Angola is to support a more sustainable and inclusive growth, through: (i) a macro-financial and institutional environment that is conducive to private sector led growth; and (ii) financial and social inclusion. The development financing project is organized around two pillars, each addressing policy areas that contribute to these objectives. Pillar...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The development objective is to support the Government of Angola to achieve more sustainable and inclusive growth, through (i) a macro-financial and institutional environment that is conducive to private-sector led growth; and (ii) financial and social inclusion.

Key Details

Project Details

  • P168336

  • Closed

  • Cornelius Fleischhaker , Mazen Bouri

  • Ministry of Finance

  • Angola

  • January 2, 2020

  • (as of board presentation)

    March 16, 2021

  • August 6, 2021

  • US$ 700.00 million

  • N/A

  • N/A

  • December 31, 2021

  • BANK APPROVED

  • P166564

  • April 19, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 700.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 700.00
IDA Commitment N/A
IBRD + IDA Commitment 700.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 17, 2021 IBRD-92180 Loan Disb 698,249,980.00
Aug 6, 2021 IBRD-92180 Fee Charges 1,750,000.00
Aug 6, 2021 IBRD-92180 Loan Disb 1,750,000.00
Aug 15, 2022 IBRD-92180 Int Charges 10,115,000.00
Feb 15, 2022 IBRD-92180 Loan Disb 700,000,000.00
Feb 15, 2022 IBRD-92180 Loan Disb -700,000,000.00
Feb 15, 2022 IBRD-92180 Int Charges 4,246,486.00
Feb 15, 2022 IBRD-92180 Int Charges 9,565.07
Feb 15, 2022 IBRD-92180 Int Charges 551.25
Feb 15, 2022 IBRD-92180 Int Charges 158,111.30
Feb 15, 2022 IBRD-92180 Int Charges 35,686.96
Feb 15, 2023 IBRD-92180 Int Charges 10,115,000.00
Aug 15, 2024 IBRD-92180 Loan Repay 10,115,000.00
Aug 15, 2024 IBRD-92180 Loan Repay 9,905,000.00
Aug 15, 2024 IBRD-92180 Int Charges 10,115,000.00
Aug 15, 2023 IBRD-92180 Int Charges 10,115,000.00
Feb 15, 2024 IBRD-92180 Int Charges 10,115,000.00
Mar 16, 2021 IBRD-92180 Loan Commitment 700,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.