Tag: Angola economy

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UK backing unlocks $226 million in exports for businesses in Angola

The UK Angola export deal unlocks $226 million in exports as Britain backs $886 million in infrastructure financing.

Timilehin Adejumobi Timilehin Adejumobi
President João Lourenço approved the spending to support tourism zones in Cabo Ledo, Quicombo and Namibe
BusinessTourism

Angola backs $530 million tourism infrastructure push

Angola is moving to unlock its beach and coastal tourism market with a €449 million ($530 million) public investment package aimed at building basic infrastructure in some of the country’s most visited seaside areas.  President João Lourenço approved the spending to support tourism zones in Cabo Ledo, Quicombo and Namibe, part of a broader effort to reduce the economy’s dependence…

Oluwatosin Alao Oluwatosin Alao