The Angola Capital Markets Commission reported remarks by its chair, Elmer Serrão, at the E&M conference on multilaterals and development financing, where he said multilateral agencies provide more than 85% of the international assistance channelled to Angola but the country attracts only around 1% of global aid destined for Africa, urging reflection on Angola’s positioning in accessing multilateral financing mechanisms.
Angola Capital Markets Commission 2025-07-03
Angola Capital Markets Commission chair says 85% of aid to Angola comes from multilateral agencies and warns Angola captures only 1% of global aid to Africa
Elmer Serrão, Chair of the Angola Capital Markets Commission, highlighted at the E&M conference that multilateral agencies contribute over 85% of international assistance to Angola. However, Angola receives only about 1% of global aid intended for Africa, prompting a call for reassessment of its access to multilateral financing mechanisms.