Economy
Highlights
Oxford Economics believes Angola's rating is unlikely to improve in 2025
The Oxford Economics consultancy considered that Angola's rating should not improve over the next year, in the wake of the degradation of Moody's opinion on the evolution of the Angolan economy, from Positive to Stable.
Balance of foreign investment fell by 14.7 billion dollars since 2017
The balance of foreign investment in Angola fell by 14.7 billion dollars from 2017 to the second quarter of 2024, falling from 81.5 billion to 66.8 billion dollars, according to an economic report.
Moody's downgrades Angola's rating outlook from Positive to Stable
The financial rating agency Moody's has downgraded the outlook for the Angolan economy from Positive to Stable, maintaining the rating at B3, due to the slowdown in budgetary consolidation and high public debt.
