Financial institutions highlight opportunities for private investment in Angola

ANGOLA – Home to one of the most expensive cities in Africa and one of the least diversified economies, Angola wants to be known for something entirely different: being a magnet for private investment. The country’s economy has been fueled by oil, which accounts for a third of its GDP and 95 percent of exports. This has been a boon for a few segments of the population, spurring the development of glossy high-rises in Luanda.  Since taking office in 2017, President João Lourenço and his administration have begun to enact…

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