Economy
Highlights
Angola's debt to China has decreased by two billion dollars since 2023
The director-general of the Debt Management Unit (UGD) highlighted this Tuesday the downward trajectory of the debt to China, Angola's largest creditor, which has decreased by more than two billion dollars since 2023.
Port of Cabinda wins 3rd edition of Expo-Cabinda, which generated revenue of over 1.7 billion
The Port of Cabinda was the big winner of the 3rd edition of Expo-Cabinda, which took place between July 11th and 14th and generated revenue of more than 1.7 billion kwanzas.
GDP grew in the last decade, but savings and investment fell
Gross Domestic Product (GDP) has recovered in recent years, but domestic savings and investment levels have fallen sharply, reaching their lowest levels in a decade in 2024, according to statistics.