economy

economy

Angola Presents Products at Swiss-African Business Day

Angola Presents Products at Swiss-African Business Day

Africa-Press - Angola. Angola presented several products under the "Made in Angola" brand and information about the country's current economic situation during the annual...
SODIAM Holds Online Auction of 35 Special Diamonds

SODIAM Holds Online Auction of 35 Special Diamonds

Africa-Press - Angola. The Angolan National Diamond Trading Company (SODIAM) announced on Saturday that it will hold an online auction of 35 special diamonds...
FGC Boosts Economy with the Mobilization of New Funds Kwanzas

FGC Boosts Economy with the Mobilization of New Funds Kwanzas

Africa-Press - Angola. Luanda - The Credit Guarantee Fund (FGC) has allowed the mobilisation of more than 1.126 billion kwanzas disbursed by the national...
Angolan Minister Presents Investment Opportunities to Vietnam

Angolan Minister Presents Investment Opportunities to Vietnam

Africa-Press - Angola. The Minister of Agriculture and Forestry, Isaac dos Anjos, presented Friday in Vietnam the main needs and investment opportunities existing in...
Non-Oil Foreign Investment in Angola Exceeds USD 900 Million

Non-Oil Foreign Investment in Angola Exceeds USD 900 Million

Africa-Press - Angola. Foreign Direct Investment (FDI) in Angola's non-oil sector totaled 959.4 million US dollars in 2025, registering a growth of 171.4 percent...
New EU Deal Deepens Africa Consumer Markets

New EU Deal Deepens Africa Consumer Markets

Africa-Press - Angola. The European Union is nearing the conclusion of its first enhanced economic partnership agreement with four African countries: Comoros,...
Iran War Strains African Airlines

Iran War Strains African Airlines

Africa-Press - Angola. The African Airlines Association has warned that the American-Israeli war on Iran has led to rising fuel prices and...
China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Angola. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Angola. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Angola. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...