Angola reaped $1.13 billion from privatizing 96 state-owned companies to private investors
The Angolan government had planned to privatize 195 companies between 2019 and 2022, as part of a vast program of state disengagement from the productive sector. But the coronavirus pandemic has delayed the implementation of this program, and the number of assets to be sold has meanwhile been reduced to 178.16 January 2023
Angola: How Altrad Group, world leader in industrial services, improves its performance by diversifying its activities?
Present for nearly 35 years in Angola, the Altrad group is today the market leader. A status gleaned at the cost of strong competition but also a clever mix of local labor and diversification. Activities, evolution, outlook: interview with Kapussi Canungue, Managing Director of Altrad Services in Angola.21 October 2022
Angola, the second largest oil producer in Africa behind Nigeria, has seen oil production fall 16%
The stability of world markets is one of the key factors for players in the oil sector. OPEC, which has made this its policy, therefore imposes reduction quotas on the production of its members, including Angola.28 January 2021