Speaking on the panel on clean energies at the Sustainability Forum, João Lourenço also highlighted that “fortunately the continent has plenty of sun, a good that nature offers to be …
Angola
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Angola’s government has recovered US$5 billion (€4.6 billion) of assets taken illegally from the country whilst it is awaiting judicial decisions regarding assets worth another US$21 billion (€19.4 billion). The figures were provided to …
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The World Bank revised downwards its growth forecast for Angola for this year on Tuesday, now estimating an expansion of 2.8%, 0.5 points lower than in its June report.
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The Angolan government has collected, since 2019, 567 billion kwanzas (1 billion euros) with the privatisation of 96 assets, under the Privatisation Programme (Propriv), which may be extended for another …
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Angola is the African country that has received the most loans from China over the last 20 years, more than US$42 billion, according to Chatham House, which argues that the …
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The President of the Republic of Angola, João Lourenço, has discussed on Monday with the United Arab Emirates, His Highness Mohammed bin Zayed Al Nahyan, the strengthening of cooperation between …
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Inflation in Africa will remain “high” in 2023, which could lead to a debt crisis in some countries on the continent, the World Bank’s (WB) chief economist for Africa, Andrew …
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The Oxford Economics Africa consultancy said on Tuesday that the drop in inflation in Angola would lead the central bank to cut interest rates next year when inflation slows to 12.7%.