Angola on the way to becoming a producer of rare-earth minerals

27 April 2020

The project to extract rare-earth minerals in Angola is still underway, despite the current state of emergency, in order to ensure that the country will become a supplier in a market dominated by China and Australia.

The financial situation in Angola and Mozambique limits capacity to respond to the economic crisis

20 April 2020

The global economic crisis caused by the Covid-19 pandemic is expected to affect economic growth in Africa, with highly indebted countries, such as Angola and Mozambique, with a limited capacity to respond to stimulus, according to the UN Economic Commission for Africa

OPEC agreement implies cutting oil production in Angola

14 April 2020

The agreement between the Organization of Petroleum Exporting Countries (OPEC) and non-member countries to bolster the recent fall in oil prices is expected to lead to a cut in Angolan oil production to around 1.1 million barrels per day.

Exchange depreciation puts imports in Angola and Mozambique under pressure

7 April 2020

The economic crisis triggered by the Covid-19 pandemic is forcing a depreciation of the currencies of Angola and Mozambique, and thus making imported products more expensive, particularly from China, according to various market agents.