Africa’s second-largest oil exporter turns to local debt market after shelving Eurobond sale
Angola has postponed plans to issue Eurobonds this year due to rising global uncertainties and falling oil prices that have dampened investor sentiment. Angola has delayed issuing Eurobonds this year due to global uncertainties and oil price declines. The country faces fiscal challenges exacerbated by reduced oil revenues, impacting public expenditures. To address funding needs,…