“Angola cannot base its economic future on oil alone. Tourism is our green oil, with enormous potential to create jobs, develop rural regions, and sustainably utilise our cultural and natural heritage ...

In mid-May 2026, Zambia and Angola both announced interest rate cuts to support economic growth, improve borrowing conditions, and encourage investment activity. Zambia lowered its benchmark interest ...

(EIA) — Angola was the second-largest total liquid fuels producer in sub-Saharan Africa, after Nigeria, in 2024 production. Angola’s economy is largely based on hydrocarbon production, making it ...

Portugal's Ambassador to Angola, Nuno Vaultier Mathias, highlighted in Luanda on Monday the intensity and breadth of relations between the two countries, with particular emphasis on economic ...

NEW YORK, Sept 29 (Reuters) - Angola's economy is set to grow up to 10 percent annually despite the global financial crisis, the foreign minister of the OPEC oil producer said on Tuesday. Sign up here ...

Russia and Angola have had excellent relations dating from historical Soviet era. Russia, more or less, invested in Angola, even after the Soviet collapse political dialogues and economic cooperation ...

The International Monetary Fund (IMF) advised Angola to focus on fiscal consolidation, prudent monetary policy, and exchange-rate flexibility to maintain macroeconomic stability. The IMF warns that ...

As Angola seeks a sustainable future, it is evident that the nation’s long-term prosperity lies in its sun and soil rather than its oil. Its future lies in harnessing its abundant solar resources and ...

The construction cranes that pierced Luanda’s skyline during the boom years, putting up luxury high-rises and upmarket malls, have fallen idle in recent months as Angola feels the pinch of the world ...

Angola's government says the non-oil sector now accounts for about 80% of GDP, and its 2026 budget projects non-oil revenue exceeding oil revenue for the first time in the country's history.

Angola has raised 300.3 billion kwanzas ($329 million) after selling a 15% stake in state-controlled telecommunications giant Unitel, with investor demand exceeding the shares on offer by more than 20 ...

LUANDA, May 21 (Reuters) - Angola's economy would perform better in 2009 if the country does not comply with its OPEC oil production target, the World Bank said on Thursday. Senior World Bank ...