Angola's central bank left its main interest rate unchanged on Tuesday for the fourth meeting in a row, as inflation ...

Kenya will overtake Angola to become the fourth largest economy in sub-Saharan Africa this year, behind South Africa, Nigeria, and Ethiopia, a forecast by the International Monetary Fund (IMF ...

The oil crises and the COVID19 exposed the unsustainability of Angola’ growth model. Oil still represents over 60 percent of fiscal revenues, 33 percent of GDP, and over 90 percent of exports. Export ...

Foreign investment remained at bay, thus hurtling the country’s economy back decades in its development. Yet in the years that have followed the end of this bloody chapter in the country’s history, ...

The Angolan government plans to sell its shares in the troubled state-owned operator Unitel as part of broader efforts to ...

Following its 2019 policy of diversifying its economy, Angola is set to sell stakes in its biggest telecoms company, Unitel, ...

Angola is Africa’s second largest oil producer. As such, oil sector accounts for about 47 percent of total GDP, 98 percent of export earnings and 75 percent of government revenues. Within the ...