Africa Monitor

Africa Monitor Intelligence

Angola: Economy Continues Post-Pandemic Recovery, Without Improvement in Living Conditions

The economic and financial gains are mainly related to the sharp rise in the price of oil, which is still highly volatile and subject to constraints such as the evolution of the conflict in Ukraine; the effects of the animation of oil activity on the real economy are, historically, limited; the trajectory of oil production remains negative for the next few years, despite some reanimation of investments in the sector. READ MORE