This was said on Tuesday in Luanda by the director of the Office of Exchange of the Ministry of Commerce, Bumba Chico.Speaking to Angop, the director said that the event is aimed to inform State institutions and Angolan entrepreneurial sector about the...Lower prices for oil and diamonds during the global recession slowed GDP growth to 2.4% in 2009, and many construction projects stopped because Luanda accrued billion in arrears to foreign construction companies when government revenue fell in 20.
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The meeting was the first held under the United States-Angola Trade and Investment Framework Agreement (TIFA), which was signed in May 2009.
The TIFA provides a high-level forum for advancing cooperation on the full spectrum of trade and investment...
A postwar reconstruction boom and resettlement of displaced persons has led to high rates of growth in construction and agriculture as well.
Much of the country's infrastructure is still damaged or undeveloped from the 27-year-long civil war.