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- Angolan President João Manuel Lourenço(right) shakes hands with AfDB head Dr. Akinwumi Adesina who paid an official visit on September 20, 2024
- President Akinwumi Adesina on site at the Science and Technology Park (STP)
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African Development Bank pledges more support for Angola’s rapidly reforming economy
African Development Bank will support Angola’s request for a two-year budget support operation of about $160 million for 2024, with a second tranche scheduled for 2025
In recent talks between Angola’s President João Manuel Lourenço and African Development Bank Group (www.AfDB.org) head Dr Akinwumi Adesina, the two leaders discussed a wide range of measures introduced by the Angolan government to rapidly transform the economy. The reforms include diversifying away from oil, promoting private sector, tackling the…