Soon-to-start Africa Energy Bank has secured about 44% take-off grant, contributed by three member countries, including ...

In recent years, Angola has pursued a broad program of reform in its tax administration, focused on digital modernization and ...

The Lobito Corridor is a major infrastructure project along Angola's Atlantic coast, linking Angola with Zambia and the ...

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...

President Lourenço has transformed Angola's oil and gas sector through regulatory reform, peace and stability, good ...

NAIROBI/LUANDA: The International Monetary Fund has cut its 2025 growth forecast for Angola to 2.4%, mainly due to concerns about the impact of lower crude oil prices on the government's finances and ...

NAIROBI: The International Monetary Fund has cut Angola's preliminary growth outlook for 2025 to 2.4% from an initial 3%, it said after an assessment mission to Luanda, citing lower prices of oil and ...

Around the world, yields on longer-dated sovereign debt have soared as investors question the ability of governments to cover ...

Two chapters focus on the oil industry, providing an overview of the industry and role of oil in the war economy, while a third investigates the ethical considerations of multinationals doing business ...

who served briefly as the economy minister in 2019/20. Angola said the slide in oil prices has increased the likelihood of a new lending deal with the IMF whose staff are in the country this week.

Despite initial setbacks, Israel's economy rebounds with foreign investments recovering and strategic initiatives like the Lobito Corridor enhancing trade routes.

Angola’s president has said that strengthening economic ties with the United States is essential to help his oil-rich country grow and diversify its economy. “We feel that no major disruption ...