12 °c
London
Wednesday, May 25, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Angola reduces by 50 percent price of land plot

FurtherAfrica by FurtherAfrica
December 9, 2019
in Africa, Angola, Economy, Real Estate
Reading Time: 1 min read
1.2k 12
0
Angola reduces by 50 percent price of land plot
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The prices of land plot made available by the Angolan State, which in 2015 cost 90 and 214 US dollars per square meter, have been reduced to 50 percent lower (USD 45 and 107), due to the loss of purchase power of the citizens, Angop learnt on Saturday.

In the face of the current economic crisis that has plagued the country and the subsequent loss of purchase power of the citizens, prices of land plot have been revised and reduced by 50 percent, said the CEO of the Organized Land Management Company (EGTI, E.P.), Pedro Cristôvão.

Speaking to ANGOP, the EGTI CEO underscored that the prices set for land plot in 2015, still in force to date, do not fit in the current economic reality of the country, taking into consideration the constant variation in the foreign exchange rate and devaluation of the local currency.

Source: Angop

Related

Tags: AngolaE.P.EGTIFeatureland plotOrganized Land Management CompanyPedro Cristôvãoанголаأنغولاアンゴラ安哥拉
ScanSendShare467Tweet292Share82Pin105Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

AfDB signs as advisor for Mozambique’s US$4.5B – 1500MW hydropower project
Energy

AfDB signs as advisor for Mozambique’s US$4.5B – 1500MW hydropower project

by Fabio Scala
May 25, 2022
The rightful role of women in Africa’s energy transformation
Government

South Africa treasury to roll out gender-responsive budgeting strategy

by FurtherAfrica
May 25, 2022
Venture Capital

Google Black Founders Fund for Africa accepting applications for second batch

by TechGist Africa
May 25, 2022
Economy

Mozambique: Economy grows 4.1% in Q1 – INE

by Club of Mozambique
May 25, 2022
Nigeria needs currency reform for US$1.5B World Bank loan, country director says
Economy

World Bank foresees more economic improvements in Angola

by FurtherAfrica
May 25, 2022
Great Limpopo Transfrontier Park
 
AFSIC 2022
 
MozParks

Translate this page

Read the Latest

AfDB signs as advisor for Mozambique’s US$4.5B – 1500MW hydropower project
Energy

AfDB signs as advisor for Mozambique’s US$4.5B – 1500MW hydropower project

by Fabio Scala
May 25, 2022
0

The African Development Bank has signed an agreement with Gabinete de Implementação do Projecto Hidroeléctrico de Mphanda Nkuwa, an implementing...

Read more
The rightful role of women in Africa’s energy transformation

South Africa treasury to roll out gender-responsive budgeting strategy

May 25, 2022

Google Black Founders Fund for Africa accepting applications for second batch

May 25, 2022

Mozambique: Economy grows 4.1% in Q1 – INE

May 25, 2022
Nigeria needs currency reform for US$1.5B World Bank loan, country director says

World Bank foresees more economic improvements in Angola

May 25, 2022

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?