Angola
Vai alla Scheda Paese »There is not a single day, even tomorrow the sun will shine.
— Angolan proverb
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Possible Indo-Brazilian partnership and Angola’s interest in Embraer C-390
At the B20 Summit in New Delhi, Embraer President, Francisco Gomes Neto, suggested a Possible Indo-Brazilian partnership and Angola's interest in Embraer C-390. This could involve producing the C-390 Millennium aircraft in India under the Make in India program. The aircraft was discussed at AeroIndia 2023, and the collaboration would ...
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Oxford Economics revê crescimento de Angola para 1,7% e inflação para 16,3% este ano
A consultora Oxford Economics reviu esta segunda-feira em baixa a previsão de crescimento de Angola, de 2,5% para 1,7% do PIB, e piorou a estimativa para a inflação, esperando uma subida de 16,3% este ano.
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Lula da Silva diz que FMI deve transformar dívida africana em investimento em infraestruturas
O Presidente brasileiro defendeu hoje, em Luanda, que o Fundo Monetário Internacional (FMI) deve transformar a dívida dos países africanos em investimentos em infraestruturas que continuam a faltar no continente.
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Africa: China's Africa Strategy Is Shifting From Extraction to Investment - Driven From the Industry-Rich Hunan Region
[The Conversation Africa] China experienced a massive economic boom in the 1990s and 2000s which increased its demand for resource imports, like oil, from Africa. This led to a model of development finance in which China funded infrastructure in African countries in return for access to resources. This approach became ...
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Brazil’s soaring investment in Angola: returning to 2012 levels amid infrastructure and cultural ties
Brazil's financial engagement in Angola has notably increased, with investments rising by 67% from 2020 to 2021, reaching US$1.24 billion. This growth brings Brazil's investments back to levels previously observed in 2012. Angola leads as Brazil's top African investment destination, surpassing South Africa, which received US$103 million in 2021, based ...
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Cuba and Angola: deepening ties in a historic partnership
Cuban President Miguel Díaz-Canel, during his official visit to Luanda, underscored that Angola is one of Africa's key partners for Cuba, with broad and varied collaboration. He expressed his wish to further to enhance economic, trade, and financial ties. Speaking to the media at Luanda's Presidential Palace, Díaz-Canel emphasized the ...
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Cuba’s President Díaz-Canel on his way to the first BRICS summit
Cuba’s President, Miguel Díaz-Canel, is set to attend the BRICS Summit in South Africa and will also be making official visits to Angola, Mozambique, and Namibia, as announced by Cuba’s Foreign Ministry. On the social media platform formerly known as Twitter, Díaz-Canel mentioned that this would be Cuba’s inaugural participation ...
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Angola vai realizar em outubro primeira edição da Feira da Economia Azul
No anúncio do evento, a ministra das Pescas e Recursos Marinhos, Cármen Neto, referiu que a feira de âmbito internacional, a ter lugar na baía de Luanda, numa área de sete mil metros quadrados, enquadra-se nas políticas e estratégias do executivo angolano para o crescimento e desenvolvimento do setor.
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Angola and Japan: a new era of deepened relations and joint investments
Over the years, Angola and Japan have sought to deepen their ties, building upon a foundation of mutual respect and cooperation. Historically, Japan has played a significant role in contributing to international development projects, and with Angola's rich resources, there was a natural inclination for collaboration. Since its civil war ...
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In two decades, Angola has become China’s second-largest trading partner in Africa
In the past two decades, Angola-China trade reached an impressive US$186.6 billion, contributing significantly to both countries' rapid development. In 2002, bilateral trade was less than US$150 million, but it surged to US$206.34 billion last year, showcasing remarkable progress. Over 40 years, their relations have grown considerably, fostering fruitful cooperation, ...
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Kenya Kwanza has given in to IMF orders in a scary manner
IMF has demanded the shilling be removed from fixed rates to a floating market-response rate. This is not only devaluation of shilling but its vulnerability to foreign manipulation.
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Angolan government introduces “green line” to simplify visa process for investors
The Angolan government is launching a "Green Line" initiative aimed at expediting visas for foreign investors, according to Ivan dos Santos, Secretary of State for Economy. Announced at the VI Portugal/Angola Business Meeting, this move seeks to foster an improved business environment and address trade imbalances. Despite being a top ...
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Portuguese exports to Angola grew almost 60% in 2022
In 2022, trade between Portugal and Angola saw a significant rise, with exports to Angola expanding by nearly 60% to EUR 2.4 (US$2.7) billion. This upward trajectory extended into the initial months of 2023, according to the Portuguese ambassador in Luanda, Francisco Alegre Duarte. During the VI Portugal | Angola ...
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Angola avança com a construção da primeira refinaria desde a independência
Fundo Gemcorp, liderado por Atanas Bostandjiiev, garantiu 300 milhões de euros para avançar com a primeira fase de um projeto que tem sido uma bandeira do governo de João Lourenço e que, a partir de 2024, será um game changer para a economia angolana e para a província de Cabinda.
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High Court freezes Finance Act 2023
The High Court has dealt the Kenya Kwanza government a major blow by affirming its orders freezing the Finance Act, 2023.
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Angolan ministry rules out economic recession despite stagnation in first quarter
The Angolan Ministry of Economy and Planning has dismissed the possibility of an economic recession following the country's stagnant economy in the first quarter of 2023, primarily attributed to a decline in the oil sector. The ministry believes ongoing "structuring programs" will help reverse this trend. Martins Afonso, the head ...
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Angolan economy shows limited growth in Q1 2023 as oil prices fall
The Angolan economy experienced minimal growth in the first quarter of 2023, largely impacted by the decline in oil prices. According to the Angolan National Statistics Institute (INE), the Gross Domestic Product (GDP) registered a year-on-year growth of 0.3 percent and a quarterly contraction of 1.1 percent. This is the ...
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Financial exclusion disproportionately affects rural areas and women in Angola, says minister
The Finance Minister of Angola has highlighted the challenges faced in achieving financial inclusion, especially in rural areas and for women. A survey revealed high levels of exclusion in these categories, indicating the need for further action. At a conference organized by the National Bank of Angola (BNA), Minister Vera ...
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Angola to host 43rd summit of SADC heads of state in August
Angola is set to host the 43rd summit of heads of state and government of the Southern African Development Community (SADC) from August 7 to 17. During the summit, Angola will assume the organization's rotating presidency, taking over from the Democratic Republic of Congo. The Ministry of Foreign Affairs in ...
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Fitch piora Perspetiva de Evolução de Angola para Estável e mantém rating em B-
A Fitch Ratings reduziu a previsão de crescimento para 1,5% do PIB este ano 2% no próximo ano, face aos 3,1% registados em 2022, estimando também que a inflação suba de 14,7%, no final deste ano, para 17,1% em 2024, quando até agora previa que já no próximo ano os ...
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Angolan parliament authorizes president to issue tax incentives for oil
The National Assembly of Angola has unanimously approved bills that grant the Angolan President the authority to legislate on fiscal incentives for the concession of oil blocks 30, 44, and 45 in the Namibe basin. These blocks, located in deep and ultra-deep waters, pose operational complexity and high research risk ...