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Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
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Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
Notice: Trying to access array offset on value of type int in element_children() (line 6595 of /home3/alkhabar/public_html/includes/common.inc).
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Angola passes new law scrapping need for local investment partner

18/05/2018

LUANDA (Reuters) - Angola’s parliament approved unanimously on Thursday a new law to facilitate private investment into sub-Saharan Africa’s third largest economy, doing away with the need for local partners and a minimum spend of one million dollars.

The new law, which does not apply to the oil, mining or the finance sectors, is a cornerstone of President Joao Lourenco’s attempts to open up and diversify the Angolan economy in a bid to revive growth battered by a fall in the price of oil.

Previously foreigners looking to invest in Angola had to, in most sectors, join with a local partner who by law was required to have at least a 35 percent stake. Investors had long described the requirements as restrictive.

(Reporting by Stephen Eisenhammer)