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Angola prepares huge bond sale [Business Africa]

Angola prepares huge bond sale [Business Africa]

Business Africa

Angola is making its return to the bond markets. The country signed an agreement with the International Monetary Fund to launch a major privatization program.

The country hopes to launch a vast three-year programme to privatize companies, particularly oil firms.

Luanda has signed an aid agreement worth more than 3 billion US dollars with the International Monetary Fund.

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