Angolan Finance Minister Vera Daves de Sousa announced that the government will use one-fifth of the proceeds from European bond sales this week to purchase debts due in 2028, while the remaining revenues will be allocated for government spending.
An Angolan court has postponed the trial of Russian political advisor Igor Rachin and translator Lev Lakhtanov, who are accused of espionage and terrorism following their arrest in August. They face charges related to attempting to change the political system in Angola.
The Angolan government has announced a historic decision to make French language education mandatory in primary schools starting June 2025. This initiative aims to strengthen cultural and economic ties with neighboring French-speaking countries.
The Angolan government has announced its intention to recover bonds worth <strong>$1.75 billion</strong>, which carry an interest rate of <strong>8.25%</strong> and are due in <strong>2028</strong>. This move is part of Angola's preparations to issue new dollar-denominated bonds.