Posted by: APO | 26 September 2018

Angola worse off as hyped economic vision fails litmus test

from PEDRO AGOSTO in Luanda, Angola EXACTLY a year after President Joao Lourenço assumed office and promised Angolans a so-called economic miracle, the Southern African’s economy is in dire straits, highlighted through downgrades by international credit rating agencies, downward revisions of growth forecast and plans by government to borrow. Recently, Fitch Solutions forecast Angola’s gross domestic… Read more on


%d bloggers like this: