Economy

“I have more than enough reasons to invite investors to look at Africa not only as a supplier of raw materials” – AU President

João Lourenço considers that the investment model concentrated in extractive industries “must become a thing of the past” and calls for new strategic partnerships. The Angolan and African Union President, João Lourenço, on Sunday called for strengthening the role of […]

Direct Awards Surge 880% to Kz 1.6 Trillion

Direct awards once again dominated public procurement, with public managers hiding contract values and failing to disclose the launch of tender procedures, in violation of the Public Procurement Law, which requires the publication of such openings. Direct awards surged 880% […]

Angola’s Food Industry Grows but Faces Price and Productivity Challenges

Questionable Figures on Production and Exports Delay Growth of the Agricultural Sector

More than 150 Companies Closed in the First Semester

A total of 158 companies officially reported their closure to the One-Stop Business Counter (GUE), most of them SMEs and sole proprietorships.

One of the world’s greatest inequalities: Angolan workers receive less than 20% of the wealth created in the country

On average, 1.2 billion USD illicitly leave Angola, and 1.3 billion USD from the State Budget are spent inefficiently

Angolan Government Brings Together Investors and Companies to Discuss Investment in the Mining and Oil Sectors

Only 2 out of every 100 Angolans intend to buy a car

Angolans’ confidence remains low, dragged down by the economic situation and unemployment

U.S. Accuses Angola of “Unfair Practice” Over Import Restrictions

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