Ver Angola

Economy

Highlights

: Lusa

Economy

Government says that the non-oil sector is the engine of the economy and kwanza is already balanced

The Secretary of State for Economy, Ivan Marques dos Santos, said this Wednesday that the non-oil sector, in particular the agro-industrial sector, "is the engine of growth" in the country and downplayed the importance of exchange rate fluctuations.

: Ampe Rogério/Lusa

Economy

World Bank: investors available for Angola but those looking in the short term “get scared”

The representative of the International Finance Corporation (IFC) in Angola considered this Wednesday that investors are more available to invest in Angola, but acknowledged that anyone looking at the macroeconomic situation in the short term...

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Economy

State must withdraw from the economy, says World Bank representative about Angola

The representative of the International Financial Corporation in Angola, Indira Campos, argued that "the State has to withdraw from the private sphere" and considered that the privatization program and public-private partnerships (PPP) will...

: Andre P.

Economy

Oxford Economics: Angola and Mozambique are the Portuguese-speaking African countries with the riskiest debt

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Economy

Alves da Rocha says that the Chinese model is the most suitable for Angola and that cooperation with Europe has failed

: Andy Wong/POOL/EPA

Economy

China has lent Angola 45 billion since 2000, a quarter of the total for Africa

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Economy

AIPEX registers more than a hundred private investment projects valued at one billion dollars

: Lusa

Economy

Angola formalizes more than 250,000 economic agents with six billion kwanzas

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Economy

Dean of UCAN says that bureaucracy and poverty encourage informality in the economy

: Ampe Rogério/Lusa

Economy

Sonangol manager wants more flexibility in the financial market

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Economy

Sonangol's private bonds admitted to trading on the stock exchange

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Economy

Lima Massano rejects “out of control” in inflation and expects a slowdown in prices

: Per-Anders Pettersson

Economy

Union centrals defend national minimum wage of 245,000 kwanzas and reduction of IRT

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Economy

Economist defends maintaining or increasing the BNA rate to stop inflation

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Economy

Price rises accelerated in August and put annual inflation at 13.54 percent

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Economy

Devaluation of the kwanza causes debt to rise to 92 percent of GDP

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Economy

IMF pressures Angola to resolve “problematic banks”

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Economy

IMF revises Angola's growth forecast downwards from 3.5 to 0.9 percent

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Economy

BNA: Angola's current account balance remains positive despite decreasing trend

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Economy

CEEAC gives Gabon one year to restore “constitutional order”

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Economy

Stock exchange profit increases more than 1000 percent to 805 million kwanzas

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Economy

Bloomberg: Angola will not go into default

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Economy

Private sector arm of the World Bank wants to finance more Portuguese-speaking African countries

: Ampe Rogério/Lusa

Economy

Financial system subject to joint internal supervision from October

: Lusa

Economy

More than 900 billion kwanzas collected under PROPRIV

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