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Browsing: Angola National Development Programme 2022–2027
- ATI has supported a $305M loan by Deutsche Bank to Angola’s Ministry of Finance.
- The loan will support the construction and rehabilitation of a national road project.
- Angola is prioritizing transportation and logistics network to improve trade.
African Trade Insurance Agency (ATI) has provided $350 million assistance to Deutsche Bank with a thorough nonpayment insurance cover. The insurance will protect the bank against non-payment by the Government of Angola on the loan advanced to the Ministry of Finance. The ministry will build and repair Angolan National Road.
Angola transport and logistics system
The infrastructure project is a top priority for the government of Angola and is crucial for the country’s growth. It would strengthen the transport and logistics system in a geographically important corridor while facilitating trade. It will improve access to the port of Luanda while acting as a supplemental route to the Luanda Railway. The railway is a …