The International Monetary Fund (IMF) said on Friday Angola's economic outlook remained generally favourable, but further steps were needed to create a sustainable fiscal position and reduce ...

Angola, which is preparing to issue a new bond, has assured the IMF it will implement reforms to improve debt management and needs $6 billion in credit lines in 2010 to rebuild from a 27-year ...

Angola's oil-backed debt to China is expected to decline to between $7.5 billion and $8.0 billion by year-end, according to ...

Statement by IMF African Department Director Abebe Aemro Selassie on Meeting with President João Lourenço of Angola. May 13, 2025. Luanda, Angola: Mr. Abebe Aemro Selassie, Director of the ...

Angola’s Lobito Corridor presents a unique and transformative opportunity for positioning the nation as a key logistics hub in Southern Africa.Alexandre Silveira, Managing Director, MSC AngolaThis ...

Although Angola has made advances in its diversification efforts, the economy continues to be heavily dependent on crude oil with 94 percent of exports and 60 percent of fiscal revenues being ...

With Nigeria and Angola seeking international loans to help ease their oil pain, ... Christine Lagarde, managing director of the IMF, said she worries about the fate of low-income oil producers.

Angola raised the diesel price by 33%, the third increase this year as authorities press ahead with fuel-subsidy cuts that have been encouraged by the International Monetary Fund.. The price will ...