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Angola's skewed lending said to stifle economy
Luanda's central business district in Angola, August 30, 2012. There is no shortage of cash or credit in Angola -- Africa's second oil producer -- but the struggle small businesses face to get loans is ...
AFP via Yahoo! UK & Ireland News -
Angola to sell 33 firms to boost economy
Angola, Africa’s largest crude oil producer behind Nigeria, plans to sell about 33 state-owned companies over the next five years to increase efficiency and cut costs, its Economy Minister Mr. Abrahao Gourgel, said. The formerly Marxist southwest African country has about 90 government-run businesses, from newspapers to diamond producers. Bloomberg News reports that National petroleum... [Read ...
The Punch -
Angola LNG fire mars latest start-up attempt
Angola's hopes of becoming this year's only major new liquefied natural gas supplier suffered another setback in April after fire occurred at its plant just hours before production was to begin. This could ...
Reuters - UK Focus via Yahoo! UK & Ireland Finance -
Angola skewed lending said to stifle economy
LUANDA: There is no shortage of cash or credit in Angola Africa's second oil producer but the struggle small businesses face to get loans is stimying efforts to diversify the economy.
Business Recorder -
Research and Markets: Angola LNG Market Outlook to 2020 - Forecasts of LNG Capacities, Trade, Contracts, Supply ...
Research and Markets has announced the addition of the "Angola LNG Market Outlook to 2020 - Forecasts of LNG C
Business Wire via Yahoo! Finance -
Angola sending aid to 300,000 at risk from drought
LISBON (Reuters) - Angola set up an emergency plan on Thursday for the southern province of Cunene, where an estimated 300,000 people are at risk of malnutrition because of a two-year-long drought. "The plan seeks to immediately provide medical assistance, food and drinking water for the most needy populations," the cabinet's economic commission said in a statement. Cunene, a semi-arid province ...
Reuters via Yahoo! News -
Jobless Targeted in Angola Business Plan, Economy Minister Says
Angola, Africa’s largest crude oil producer after Nigeria, plans to use loan guarantees and investment to create thousands of companies and jobs, Minister of the Economy Abrahao Gourgel said.
Bloomberg -
Angola to Sell More Than 30 State Companies to Bolster Economy
Angola, Africa’s largest crude oil producer behind Nigeria, plans to sell about 33 state-owned companies over the next five years to increase efficiency and cut costs, Economy Minister Abrahao Gourgel said.
Bloomberg -
Angola Plans Customs Levy Changes to Protect Local Industries
Angola, Africa’s second-largest crude oil producer, plans to increase customs tariffs to protect local business while eliminating duties on supplies for industry.
Bloomberg -
Angola: Tax Evasion, Urbanisation and Drought
[Maka]The latest press coverage on corruption, human rights abuses, violations of freedom of the press and socio-economic exclusion in Angola:
AllAfrica.com
