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Angola , Saturday 17 February 2018

News Angola » Economy: President Lourenço’s economic reforms are making Angola attractive

News channel or source: https://www.businesslive.co.za/bd/opinion/2018-02-16-president-lourenos-economic-reforms-are-making-angola-attractive/
Publication date: Friday 16 February 2018

Getting a visa to Angola used to be a major operation. Fast forward to 2018: South African nationals no longer require a visa. In a further sign of change, the head of state oil giant Sonangol, Isabel dos Santos — one of Africa’s richest women and ...

News Angola » Economy: Angola approves 2018 state budget forecasting 4.9 pct growth

News channel or source: https://af.reuters.com/article/investingNews/idAFKCN1FY21T-OZABS
Publication date: Wednesday 14 February 2018

LUANDA (Reuters) - Angolan lawmakers on Wednesday approved a 9.6 trillion kwanza ($45.69 billion) state budget for this year forecasting 4.9 percent economic growth, well beyond the 1.6 percent expected by the International Monetary Fund. Oil-rich Angola ...

News Angola » Economy: Africa Focus: Spring 2018: Angola and Mozambique: Oil & gas and mining - Planning for the up-cycle and managing risks in Lusophone Africa.

News channel or source: https://www.jdsupra.com/legalnews/africa-focus-spring-2018-angola-and-57806/
Publication date: hursday 15 February 2018

Between them, Angola and Mozambique represent 94 percent of the population and 91 percent of the 2017 collective GDP of Lusophone Africa (Figure 1). In the early part of this decade, investors were very optimistic about oil-rich Angola's prospects and ...

News Angola » Economy: The intense power struggle in Angola

News channel or source: http://www.ejinsight.com/20180215-the-intense-power-struggle-in-angola/
Publication date: Wednesday 14 February 2018

The global oil price crash that began in 2014 has taken a deadly toll on Angola’s economy, which earlier experienced a “golden decade” with an average annual growth of some 10 percent. At its height, crude oil constituted 90 percent of the country ...

News Angola » Economy: Hungary to invest $172 mln in Angolan economy

News channel or source: https://in.reuters.com/article/angola-hungary-investment/hungary-to-invest-172-mln-in-angolan-economy-idINL8N1Q47VA
Publication date: Wednesday 14 February 2018

LUANDA, Feb 14 (Reuters) - Hungary will invest 172 million dollars in the Angolan economy through various projects including ... Péter Szjjárto said companies from Hungary operating in Angola, mainly in the agriculture and energy sectors, would make ...

News Angola » Economy: Angola oil minister sees no further OPEC cuts, expects to become gold producer

News channel or source: https://www.reuters.com/article/us-africa-mining-angola/angola-oil-minister-sees-no-further-opec-cuts-expects-to-become-gold-producer-idUSKBN1FQ1R6
Publication date: onday 05 February 2018

CAPE TOWN (Reuters) - Angola sees no further OPEC cuts in 2018 and Africa’s No. 2 crude exporter hopes to join the ranks of gold producers next year as it strives to diversify an economy long based on oil and diamonds, its minerals and petroleum minister ...

News Angola » Economy: Angola community invited to share ideas at public forum

News channel or source: http://www.kpcnews.com/opinions/letters/kpcnews/article_8cc6a540-02d7-51a6-a4de-f54dbfa31e5d.html
Publication date: Friday 16 February 2018

Thank you, we appreciate your dedication to Angola and Steuben County. Now, we need your voice and participation during this final stage to determine if we should pursue a project in leadership, place making or economy. We as representatives of the ...

News Angola » Economy: Moody's places Angola's B2 ratings under review for downgrade

News channel or source: http://cpifinancial.net/news/post/44205/moodys-places-angolas-b2-ratings-under-review-for-downgrade
Publication date: Saturday 10 February 2018

Angola's general government debt-to-GDP ratio has already risen 10 percentage points above the level Moody's anticipated in October 2017. This was primarily as a result of the depreciation of the kwanza (AOA) against the US dollar and the provision of ...

News Angola » Economy: 70-mln-USD World Bank help to develop Angola's local economy

News channel or source: http://www.xinhuanet.com/english/2018-02/07/c_136956613.htm
Publication date: uesday 06 February 2018

LUANDA, Feb. 7 (Xinhua) -- The World Bank (WB) signed an agreement with Angola Tuesday in Luanda, providing 70 million U.S. dollars to develop the local economy. The agreement was signed by Angolan Finance Minister Archer Mangueira and Olivier Godron, the ...

News Angola » Economy: Lucapa talks up Angola despite Endiama’s tight grip on control

News channel or source: http://www.miningmx.com/news/diamonds/31551-lucapa-talks-angola-despite-endiamas-tight-grip-control/
Publication date: uesday 06 February 2018

Lourenco has embarked on a campaign to diversify the Angolan economy from its overwhelming dependence on oil as well as promote foreign direct investment into the country. But that has to be a “hard sell” for both Lucapa and Lourenco given Angola’s ...