China has expressed willingness to help Angola modernise its agricultural sector, grow its industries and diversify its economy in exchange for imports of more Chinese goods, but faces competition ...

We were very self-sufficient in terms of food. Where would you like Angola's economy to be? Our short-term ambition is not to depend so much on oil exports. We want to diversify the economy.

U.S. President Joe Biden has a full plate when it comes to foreign affairs—many of which are giving him more heartburn than he would ideally prefer heading into a tightly contested bid for re ...

LUANDA (Reuters) -Angola's central bank kept its main interest rate unchanged for the sixth meeting in a row on Wednesday, citing global economic uncertainty despite a slowdown in domestic inflation.

Angola’s economy recovered in 2024 as the oil sector rebounded. GDP growth is estimated to have reached 3.8 percent, surpassing earlier projections, and the recovery broadened to the non-oil sector.

Angola’s economy is rebounding after a period of weak growth, with a rise in GDP growth and a decline in inflation Investment climate improvements have contributed to the rapid expansion of the ...

Angola Is poised to overtake Kenya as the fourth-largest economy in sub-Saharan Africa by 2025 on the back of improved production and prices of oil, the International Monetary Fund (IMF ...

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 ...

Kenya will overtake Angola to become the fourth largest economy in sub-Saharan Africa this year, behind South Africa, Nigeria, and Ethiopia, a forecast by the International Monetary Fund (IMF ...

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