Ver Angola

Economy

Highlights

Economy

Social Concertation Council approves minimum wage of 70 thousand kwanzas

The National Council for Social Coordination of Angola unanimously approved the proposal to increase the national minimum wage to 70 thousand kwanzas, announced the Secretary of State for Labor.

Economy

Foreign direct investment in Angola reduced by 12 percent in the first quarter

Foreign direct investment in the country fell 12,28 percent in the first three months of this year, compared to the last quarter of 2023, to 2.303 million dollars, according to a note from Banco Millenium Atlântico.

Economy

Country’s international reserves guaranteed 7.6 months of imports at the end of the 1st quarter

At the end of the first quarter, Angola had international reserves that guaranteed 7.6 months of imports of goods and services, reaching 14.3 billion dollars, the central bank announced this Tuesday.

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