37 83 115 Already, close to 170,000 people have died... Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to “urgently instruct Mr Lai Mohammed, Minister of Information and Culture, and the National Broadcasting Commission (NBC) to withdraw the apparently illegal Broadcasting Code and Memo threatening to sanction any broadcast that denigrates, disrespects, insults, and abuses president, governors, lawmakers, and other elders and... Nobel prize wasted Ethiopian authorities have been detaining dozens of opposition... WHO fighting COVID-19 The World Health Organization (WHO) on Thursday... Buhari under fire Nigerians in the United Kingdom have rendered... Enoch Adejare Adeboye, one of Nigeria's most influential pastors, and General Overseer of the Redeemed Christian Church of God with branches... For those reading me around the world, let me summarize what is happening here in the United States. 30 Already, close to 170,000 people have died... Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to “urgently instruct... President Donald Trump’s younger brother, Robert Trump, died Saturday night after being hospitalized in New York, the president said in a... South Africa's anti-apartheid activist Paul David has died at the age 79, President Cyril Ramaphosa confirmed in a statement on Saturday.... New COVID-19 infections have been dropping rapidly in South Africa in the past three weeks from 12,000 a day to around... COVID-19, the deadly respiratory disease ravaging the world, is particularly decimating the United States. By providing daily answers to questions our readers have about the people, the businesses and the continent of Africa, we are reaching a diverse and wide audience from around the world.

Luanda - The Arbitral Tribunal of Paris overruled, on Friday, the legal action brought against the Angolan State by Atlantic Ventures, which challenged the revocation of a Presidential Decree authorizing the concession of building the new Dande Port to that company linked to the businesswoman Isabel dos Santos. Angola: Recession deepens in Q1 before full impact of Covid-19 was felt. Angola's economy is overwhelmingly driven by its oil sector. country comparison to the world (CIA rank, may be based on non-current data): country comparison to the world (CIA rank, may be based on non-current data): For this reason, the oil sector forms one of the major contributors to the GDP of Angola. Moreover, a large proportion of this activity centers on the provision of services, which have been particularly hard hit by the crisis.“Further, informal workers typically have few savings and limited access to finance. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. 5 years of Angola economic forecasts for more than 30 economic indicators.Get a sample report showing our regional, country and commodities data and analysis. Around ninety percent of non-agricultural employment is in the informal sector, where participants are usually not covered by the social safety net. A postwar reconstruction boom and resettlement of displaced persons led to high rates of growth in construction and agriculture as well. 50 The Gross Domestic Product (GDP) in Angola was worth 94.64 billion US dollars in 2019, according to official data from the World Bank. ““As before the crisis, part of this effort will require putting put fiscal positions back on a path consistent with debt sustainability; which will in turn require a renewed determination to implement revenue-mobilization, debt-management, and public financial management reforms.“In addition, sustainable, job-rich, and inclusive growth will require private-sector investment, along with a business environment in which new ideas and projects can flourish, and where new opportunities (such as from the digital revolution) can be developed fully.“None of this will be easy, particularly in light of the scale of the crisis and its longer-term consequences. The economy remained in recession in the first quarter, and the downturn is expected to have intensified in the second quarter amid the full fallout from the global pandemic. country comparison to the world (CIA rank, may be based on non-current data): The overarching strategy of the CPF is the promotion of more inclusive development, and it consists of two core objectives (pillars), and one foundation plank possessing a cross-cutting nature. Diversifying the economy and battling graft has been a cornerstone of what Lourenco has called a “new Angola” since taking power in the 27-million strong … Since 2013 the central bank has consistently spent down reserves to defend the kwanza, gradually allowing a 40% depreciation since late 2014. July 15, 2020. Cuito - The city of Cuito, capital of the province of Bié will gain later this year, the first asphalt plant (factory), with capacity to produce 240 tons/hour, located in the shipyards of the construction company (MSTR), in the Cuquema Administrative Center. Mon, 20 Jul 2020 09:22 - Updated Mon, 20 Jul 2020 09:26 . July 17, 2020.