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Angola

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

Luanda

Angola

Portuguese

36,684,202

AOA

Kwanza

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

"Angola has seen a steady improvement in its economy over the past few years. According to the World Bank, the country’s GDP grew by an estimated 3.7% in 2019, up from 2.8% in 2018. This growth was driven by increased oil production and higher oil prices. The country’s oil production increased by 8.3% in 2019, while oil prices rose by an average of 8.2%.

The country’s inflation rate has also been on the decline, dropping from an estimated 24.3% in 2018 to an estimated 17.2% in 2019. This has been attributed to the government’s efforts to reduce the budget deficit and improve fiscal discipline.

The country’s unemployment rate has also been on the decline, dropping from an estimated 20.2% in 2018 to an estimated 17.7% in 2019. This has been attributed to the government’s efforts to create more jobs and reduce poverty.

Overall, Angola’s economy has seen a steady improvement over the past few years, with increased oil production and higher oil prices driving growth. The government’s efforts to reduce the budget deficit and improve fiscal discipline have also helped to reduce inflation and unemployment."

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