Angolans' Views Mixed on Efforts to Recover Suspect Funds

Lusia Bento Xicuba is one of thousands of street vendors in Praça da Madeira, an unlicensed market about a half-hour's drive from downtown Luanda.    Xicuba's construction materials business has been struggling since the price of oil, Angola's biggest export, dropped four years ago.    Angola has since faced a shortage of foreign currency, which has discouraged banks from lending to businesses like Xicuba's. The government of President Joao Lourenco has been seeking to inject money into the country with an amnesty for those who repatriate suspect funds.  Aid to business owners   But Xicuba doubts the program will help — at...


Share |

Published By: VOA Africa - 4 days ago

Toa Maoni yako hapa - Add your comment


Related News