Tag: Angola

12 March 2018

Angola is the African country that has received most Chinese funding for the construction of energy infrastructure since the year 2000, according to a recent study from Boston University, in the United States.

12 February 2018

Brazil and Cabo Verde (Cape Verde) will be two of the first countries visited by the new President of Angola, João Lourenço, in a clear sign of the importance of strategic relations with both Portuguese-speaking countries, particularly in economic terms.

15 January 2018

Cabo Verde (Cape Verde) and Guinea-Bissau are expected to post economic growth above the regional and global average in 2018, according to the World Bank, which has also significantly reduced growth forecasts for Mozambique and raised them for Angola.

2 January 2018

São Tomé and Príncipe and Cabo Verde (Cape Verde) are expected to lead economic growth in Portuguese-speaking Africa in 2018, followed closely by Guinea-Bissau and Mozambique, with Angola seeing the most modest forecasts for Gross Domestic Product (GDP) growth.

18 December 2017

The business environment improved from 2016 to 2017 in all Portuguese-speaking countries, among which Cabo Verde (Cape Verde) was the best positioned and Angola the one that rose the most, according to the classification in the World Bank “Doing Business” report for 2018.

11 December 2017

The economic openness promoted by the new government of Angola, instated following elections in August 2017, particularly in the areas of telecommunications and oil, is improving the country’s prospects in the medium term and leading some analysts to forecast faster growth.

13 November 2017

Angola is receiving support from the International Monetary Fund (IMF) to normalise access by its banks to international money markets, a first step, according to analysts, towards a more comprehensive assistance agreement.

4 October 2017

The economies of the Portuguese-speaking countries, with the exception of Mozambique, recorded slight gains in the Global Competitiveness Index 2017-2018, released last week.

25 September 2017

The new President of Angola, João Lourenço, takes office this week in a difficult economic and financial context for the country, which is expected to force major changes in the country’s economic policy.

18 September 2017

Tourism is growing significantly in Africa and Mozambique is one of the destinations that has benefited from the increase in the number of foreign tourists, according to figures released by the Euromonitor International consultancy.

4 September 2017

A few weeks before taking office as the new president of Angola, João Lourenço acknowledged that the country is in need of more incentives to attract further investment and said the Chinese historical leader Deng Xiaoping’s policies were an example of a successful reform.

10 July 2017

The availability of European funds to finance cooperation projects in Africa is large, but there is a lack of well-prepared projects, particularly in Portuguese-speaking African countries, according to the president of the Portuguese Development Finance Society (Sofid).

19 June 2017

The role played by Macau as a platform in the relationship between China and Portuguese-speaking countries is viewed with renewed interest by economic agents due to the establishment in the Special Administrative Region of the headquarters of the Fund for Cooperation and the “Belt and Road” initiative drawn up by the central government of China.

5 June 2017

Angola’s budget deficit is expected to remain high in the coming years, with 7.3% of gross domestic product projected for this year, and then a downward trend to reach 6.1% of GDP by 2021, according to the latest report from the Economist Intelligence Unit (EIU).

2 May 2017

Between 2000 and 2015, Angola was the second African country to which the Export-Import Bank of China (Exim) granted the most loans, totalling US$6.9 billion, according to analysts from the China-Africa Research Initiative, of US Johns Hopkins University.

24 April 2017

Angola and Mozambique are among the 10 tourist destinations that are expected to record greater growth in demand for leisure travel in the next decade, according to the latest report on the competitiveness from the World Economic Forum.

18 April 2017

The introduction in the coming months of a new customs tariff in Angola is feeding expectations among economic agents that replacing the current regime will be a stimulus to the country’s growth.

6 March 2017

Continued low commodity prices have led countries such as Angola, Equatorial Guinea and Mozambique to place greater urgency on economic diversification, at a time when the industrialisation of Africa has the support of major international partners, especially China.

20 February 2017

The two- or three-way relationship between China and the Portuguese-speaking countries will be in focus on 21 February, at an international conference due to be held in Lisbon where Macau’s role as a contact platform will be a central theme.

6 February 2017

The isolationist trend in the foreign policy of the new US administration, particularly towards Africa, has led some analysts to predict that the Chinese “One Belt, One Road” strategy will take on an …

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