Analysis by Afripol Organization www.afripol.org
The independent nation of
With B+ credit rating,
Financial market observers and marketers were surprise of the credit rating received by Angola, for many were expecting lower rating due to lack of probity and corruption in the management of oil revenue of Angola.
Emeka Chiakwelu, Principal policy strategist at Afripol welcomed the resourceful news: “
According to IMF in 2009,
Sunny Oputa, Publisher and CEO of Energy & Corporate Africa, a senior fellow and political analyst at Afripol restated the significance of political stability for economic progress: “The most important fulcrum of a balanced and stable economy is political stability.
1 US Dollar = 92.81600 Angolan New Kwanza
Median price = 92.35400 / 92.81600 (bid/ask)
As stated by published paper on IMF
As stated by published paper on IMF gazette,
Africa Political and