Angola Faces Steep Drop in Current Account Amid Oil Export Slump
In 2023, Angola saw its current account surplus dramatically decrease by 64.2% from the previous year, ending at $4.2 billion
March 4, 2024Section
Angola News in English
Angola news in English from The Rio Times — Luanda politics, oil, diamonds and economy.
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Ibovespa Dips Amid Ambev’s Earnings Miss and US Rate Speculations
The Ibovespa, Brazil's leading stock index, saw a decline for the second straight day, influenced by Ambev's earnings falling below...
February 29, 2024
UN’s $646 Million Plan for Angola
The United Nations (UN) targets raising $646 million to partner with Angola from 2024 to 2028.Planning Minister Victor Hugo Guilherme
February 28, 2024
Vale’s Iron Ore Output Surges 15%
Vale has seen its iron ore production jump by 15% from November to January, outpacing the growth of the previous...
February 26, 2024
Angola Moves to Outlaw Crypto Mining
Angola's lawmakers are gearing up for a crucial vote. They will decide on a bill that could outlaw cryptocurrency mining...
February 26, 2024
Angola’s Unemployment Soars to 31.9%
In the final three months of 2023, Angola's jobless rate climbed to 31.9%, marking a 2.2% increase.A striking 80.5% of...
February 22, 2024
Angola’s Strategic Move to Limit Debt Costs by 2026
Angola has embarked on a crucial financial strategy, aiming to significantly reduce its public debt expenditure to under 45% by...
February 19, 2024
Spain’s Furor Sets Sail for Gulf of Guinea Mission
Spain recently dispatched the naval vessel Furor from Cartagena Arsenal, heading for the Gulf of Guinea with a 74-member crew.
February 19, 2024
Honduras Sets Ban on Crypto for Banks
Honduras' CNBS has set a ban on banks dealing with cryptocurrencies. This rule, announced on Friday but effective Monday
February 19, 2024