Search

Angola’s Economic Forecasts Draw Praise and Scrutiny

Luanda, Angola. © Unsplash
  • Economist questions National Bank of Angola’s higher-than-expected growth and inflation projections
  • Inflation expected to drop to 27% by year-end, with economic growth forecasted at 4%

Luanda, Angola – Angola’s National Bank (BNA) has painted a cautiously optimistic picture of the nation’s economy, forecasting 4% growth and a reduction in inflation to 27% by the end of 2024. However, some experts remain unconvinced, with economist Carlos Rosado de Carvalho raising doubts over the credibility of these projections, which exceed estimates by both the government and international institutions.

You need an active subscription to continue reading this article.

Recent Business

1732898040519_miningwatch-portugal-YG0qc-e6hgg-unsplash
Are African countries aware of their own mineral wealth?
Read More »
Donald Trump on a newspaper @ Unsplash
Why Trump–Putin talks provide big stakes for Africa’s trade
Read More »
Bond market. Photo by Ozkan Guner @ Unsplash
IFC issues $16.6m bond in Rwanda to boost private sector growth
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »
Photo by Hassan Kibwana @ Unsplash | Kenya protest
Ruto allies vow to ‘rig’ Kenya 2027 election
Read More »
Photo by Aliaksei Lepik @ Unsplash Port
US, Russia jostle for influence at Togo’s growing seaport
Read More »

Latest Posts

Latest news insights