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

Money is leaving the country through money laundering and over-invoicing, apparently via the banking system, according to specialists, since the kwanza is not a convertible currency. The chief economist of the African Development Bank (AfDB) warns that this represents “a […]

Mariana Leitão’s Links to Angolan Power Could Bring Her Political Trouble in Portugal

Candidate for IL leadership spent 13 years at Sonangol’s Portuguese company, three as a board member. Prosecutor investigates purchase and sale of a building in Lisbon. Leitão says she had no responsibility in the area. Before entering active political life, […]

Angolan Banks May Maintain Investment Activities Until 2030

Minister of Mineral Resources, Petroleum and Gas Invites Small and Medium-Sized Enterprises to Invest in Oil Exploration

BCP Has Already Spent Almost Half of the €200 Million Available for Share Buyback

O único banco cotado na bolsa de Lisboa já detém mais de 1% do seu capital.

Angola’s Oil Production Drops 7.9% in April – ANPG

BPI expects to earn over €95 million from partial sale of BFA in July

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

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

China Acknowledges Crisis Scenario with Angola

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

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