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Angola , Saturday 17 February 2018

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

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

This was primarily as a result of the depreciation of the kwanza (AOA) against the US dollar and the provision of financial support to state-owned companies last year. Moody's estimates that Angola's general government debt reached $74 billion (around 66 ...

News Angola » Finance: 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

Contracting oil and coal prices since 2014 have severely impacted the economies of Angola and Mozambique. Reduced revenues and increased debt have undermined their ability to finance the infrastructure needed to unlock the wealth from their vast natural ...

News Angola » Finance: 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

It is because on one hand, he is desperate to swing public opinion his way, and then on the other, because Angola has been undergoing its worst financial crisis ever since international oil prices started to plummet in 2014. The global oil price crash that ...

News Angola » Finance: Angola appoints Goldman, Deutsche, ICBC to lead $2 bln Eurobond issue

News channel or source: https://af.reuters.com/article/energyOilNews/idAFJ8N1LS02G
Publication date: uesday 13 February 2018

LUANDA, Feb 14 (Reuters) - Angola has appointed three international banks to lead a $2 billion Eurobond issue later in February, Finance Minister Archer Mangueira said on Wednesday. “The process to issue the Eurobonds is scheduled still for the month of ...

News Angola » Finance: Fiorano Powers Banco Postal's Commitment Towards Financial Inclusion and Digitalization of Angolan Economy

News channel or source: http://www.menafn.com/1096446178/Fiorano-Powers-Banco-Postals-Commitment-Towards-Financial-Inclusion-and-Digitalization-of-Angolan-Economy
Publication date: hursday 08 February 2018

Marcelo Barreto, Head of IT, Banco Postal said, 'Banco Postal is built on a strong commitment for financial inclusion in Angola. Having such an innovative approach to banking, the technical challenges were one of the biggest constraints to the success of ...

News Angola » Finance: Angola natural gas legislation in final stages

News channel or source: https://uk.finance.yahoo.com/news/angola-natural-gas-legislation-final-144023396.html
Publication date: Friday 09 February 2018

LUANDA, Feb 9 (Reuters) - Legislation covering the rights of companies to explore and produce natural gas in Angola, Africa's second largest crude producer, is "in its final stages," Secretary of State for Oil Paulino Jeronimo said on Friday. The new law ...

News Angola » Finance: 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 ...

News Angola » Finance: Angola Commits to Payment of Public Debt Following Moody’s Review

News channel or source: http://footprint2africa.com/topics/economy/angola-commits-payment-public-debt-following-moodys-review/
Publication date: onday 12 February 2018

Angola will service both its domestic and external debts, the country’s Ministry of Finance has said. In a report by Macauhub on Monday, the Ministry noted that its commitment to servicing the debts is evident in its inclusion “in the proposal of ...

News Angola » Finance: Angola and Zambia sign memo against cholera and malaria

News channel or source: https://reliefweb.int/report/angola/angola-and-zambia-sign-memo-against-cholera-and-malaria
Publication date: uesday 06 February 2018

She defended that this example has to be widely disseminated in Angola. The Angolan Health minister stressed also that despite the current difficult financial situation, the Angolan Executive still deems the health sector one of its main pillars in the ...

News Angola » Finance: Angola makes second issue of Eurobonds in February

News channel or source: https://macauhub.com.mo/2018/02/15/pt-angola-procede-a-segunda-emissao-de-euro-obrigacoes-ainda-em-fevereiro/
Publication date: Wednesday 14 February 2018

Angola is expected to make its second issue of Eurobonds later this month, of around US$2 billion, Finance Minister Archer Mangueira said in statements issued on Wednesday in Luanda at the National Assembly. The minister, speaking after final approval of ...