Ver Angola

Economy

Highlights

: Ampe Rogério/Lusa

Economy

Public Business Sector had net results of 908.7 billion kwanzas in 2023

The Public Business Sector (SEP) recorded a net result of 908.7 billion kwanzas in 2023, a growth of 17 percent compared to 2022, the Government announced this Wednesday.

: Jornal O Guardião

Economy

State capitalizations to companies reduced by 60 percent in 2023

Capitalizations of public sector companies by the State registered a substantial reduction of 60 percent last year, falling from 422 billion kwanzas in 2022 to 169 billion kwanzas in 2023, it was announced this Wednesday.

: Siphiwe Sibeko

Economy

Kwanza falls to 939.24 per dollar, the worst value since 1999

Angola's national currency was trading this Wednesday at its lowest value in the last 25 years, at 939.24 kwanzas per dollar, according to the financial information agency Bloomberg.

: RNA

Economy

Angola expects a 25 percent increase in the base salary of civil servants in 2025

: Menos Fios

Economy

OPEx: the application that wants to help Angolans save and manage their finances better

: Facebook Ministério das Finanças de Angola

Economy

Finance Minister says accountability challenges persist

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Economy

Unemployment rate improved but remains above 30 percent. Rate is higher for women

: Lusa

Economy

Angola received dividends of 6.5 billion in 2023, but disbursed 207.5 billion

: Angola Image Bank

Economy

Government with 1.05 billion kwanzas in privatizations since 2019

: Facebook CIPRA

Economy

Angola is China's largest African economic partner with 258 projects financed

: Facebook INEFOP

Economy

Fund issues 80 million dollars credit guarantee for economic diversification

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Economy

EU-Angola agreement to facilitate investment comes into force

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Economy

International reserves rise to their highest value of the year in July

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Economy

Consultant admits she paid bribes to get business in Angola

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Economy

Oxford Economics upgrades growth forecast to 2.9 percent this year

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Economy

Gross credit to the non-financial sector grew by more than 18 percent compared to the previous year

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Economy

Imports of food products have fallen since the beginning of the year

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Economy

Oxford Economics says government efforts maintain rating but challenges prevent improvement

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Economy

It is now possible to pay at POS terminals without a physical card. EMIS implements payment via QR code

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Economy

IFC plans to invest an additional 200 million dollars to support Angola’s development

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Economy

IFC wants to develop public-private partnerships in Angola

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Economy

Standard & Poor's maintains Angola's rating at B- with a stable outlook

: Facebook Ministério das Finanças de Angola

Economy

Vera Daves warns that public sector salaries may be delayed again

: Facebook Governo Provincial Da Huíla

Economy

Two hundred exhibitors participate in Expo-Huíla which runs until Sunday

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Economy

Inflation rises again in July and stands at 31.09 percent

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