Economy

Swiss Public Funds Supporting Mitrelli Projects in Africa Come Under Scrutiny

The use of Swiss public guarantees to support Mitrelli projects in Africa is drawing criticism from civil society organizations and governance experts, who question the allocation of state-backed resources to ventures operating in countries characterized by political risks, institutional weaknesses, […]

João Lourenço Makes Official Visit to Serbia to Expand Political and Economic Cooperation

President of the Republic of Angola, João Lourenço, traveled to Serbia on Monday in response to an invitation from his counterpart, Aleksandar Vučić, for an official visit aimed at strengthening bilateral relations. According to the Office of the President’s Press […]

Each Angolan Now Owes USD 1,856: Public Debt Rises and Moves Back Toward 2022 Levels

Direct Awards Surge 393% to 9.817 Trillion Kwanzas in Four Months

Procedure Considered Excessive and Prone to Corruption Risks

One in every five dollars Angola spent abroad went to China

Country has already spent more than USD 4 billion on imports in the first quarter

Ministry of Transport once again tests control over public finances

5 billion USD direct award

Economist calls for greater tax flexibility to support start-up companies

Investment in the Luanda Refinery Yet to Reduce Import Dependence

Only 21% of the Employed Population in Angola Is in the Formal Sector

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