Angola’s public assets drop by 5.2% in 2022
In 2022, the total assets of Angola's Public Sector Enterprises (SEP), which comprises 71 companies, stood at 26.9 trillion kwanzas...
August 18, 2023Topic
economic news Angola
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...
July 17, 2023
Angola’s central bank maintains key interest rate, adjusts marginal lending rate upward by 0.5 percentage point
The National Bank of Angola (BNA) has decided to keep its basic interest rate unchanged at 17%, while increasing the...
July 14, 2023
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.
July 3, 2023
Angolan currency devalued by over 10% against the dollar in one week
The national currency of Angola, the kwanza, has experienced a sharp devaluation of 12% within a week, resulting in a...
June 13, 2023