Category Archives: Trading

Public accounts to balance in medium term – State minister

Luanda – The Minister of State for Economic Coordination, Manuel Nunes Júnior, Friday said that there were objective conditions that will lead to a medium-term balance of the country’s public accounts.

There are reasons to successfully carry out the complex and historic mission, to change the current economic structure of …

Angola to save USD 6 bln in debt negotiation

Luanda – Angola expects to save USD 6 billion until June 2023 in public debt with creditors within and outside the G20, Finance minister Vera Daves said on Friday.

In July, the minister predicted USD 66 billion stock in public debt by the end of 2020, with a ratio of …

Angola owes USD 20.1 bln to China

Luanda – Angola’s debt to China is estimated at USD 20.1 billion, and is the country’s largest creditor, said Finance Minister Vera Daves Friday.

Of this amount, USD 10 billion was used to capitalize the Angolan oil company Sonangol and the remaining USD 10.1 billion to finance various investment projects.…

New AKz 500 banknotes released Thursday

Luanda – The new 500 kwanza (AKz) banknotes, of the 2020 series, will enter the Angolan financial market as of Thursday 17 September.

According to the National Bank of Angola (BNA), the new banknotes are already available in all of the country’s provinces, and should initially reach users via ATMs.…