By the AFREEQUE newsroom, based on Expansão
Illustrative image · August de Richelieu · Pexels · Licence PexelsHome banking now accounts for 70% of banking transactions in Angola, surpassing the combined total of ATMs and payment terminals. Balance enquiries are declining on these physical channels, reports Expansão, which describes growth linked to the limited coverage of bank branches.
A cold chain designed to test the future Caála logistics platform cost $2.5 million. The funding includes $1.5 million from the World Bank and $1 million from the Angolan state through ARCCLA, reports Expansão.
🇦🇴 Angola · Source: Expansão ·
The Angolan state is securing a $105 million external loan, backed by an $8.9 million debt to the company Tecnovia for completed works. Of this amount, $91.1 million is intended for the state’s general needs, with no specific use given by the Ministry of Finance, Expansão reports.
🇦🇴 Angola · Source: Expansão ·
Shares in BODIVA, Angola’s Debt and Securities Exchange, have gained 684.4% since their public sale in 2024, rising from 13,259 to 104,000 kwanzas on 14 October 2026. This represents a 7.84-fold increase on the initial price, according to data published by Expansão and reported by Mercado.
🇦🇴 Angola · Source: Mercado ·
Angolan President João Lourenço said the word “investment” 151 times in his last five state of the nation addresses, compared with 72 times in his first five, while hunger and poverty were mentioned less often. Yet almost 29.6% of the population lives in severe multidimensional poverty and Angola continues to face a worrying food situation, reports Expansão.
🇦🇴 Angola · Source: Expansão ·
Angola swears in 52 provincial electoral commissionersAngola’s National Electoral Commission president, Manuel Pereira da Silva, has sworn in 52 provincial commissioners from Bié, Huambo, Cuando and Cubango. He urged them to act impartially and rigorously to strengthen trust in electoral processes, according to Mercado.
Botswana’s economic rebound fails to revive household spendingBotswana’s economic growth rebound has not translated into higher household spending, according to consultancy Econsult. Its analysis highlights a gap between improving economic activity and household consumption, reports the Sunday Standard.The week in Africa
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