The shareholdings held by the Angolan state or public companies in national and foreign banking institutions will be evaluated by a working group led by Finance Minister Archer
The value of total assets of banks operating in Angola increased by 16 percent to 8.70 trillion kwanzas in 2016, compared to 2015, according to a
The last section of deck of the bridge between Maputo and Catembe will be laid today, ahead of schedule by about three weeks, the Mozambican press reported.
The Angolan government will submit to parliament a proposal for a competition law to bring an end to monopolies and other imperfections in the country’s market, the
Australia and East Timor agreed on the full text of a draft treaty defining maritime boundaries, the Permanent Court of Arbitration said in a statement released in The Hague,
China Mobile, the world’s largest mobile operator with 874 million customers, has been negotiating with the Brazilian National Telecommunications Agency (ANATEL) for the possible purchase of Brazilian
Mozambique’s economy is expected to grow by 5.3 percent in 2018, up from the 4.7 percent forecast for this year, according to the proposed Economic and Social
The 14 agreements signed during the official visit of Brazilian President Michel Temer to China to attend the BRICS summit meeting in Xiamen, Fujian province, could represent
Angola was one of three member countries of the Organization of Petroleum Exporting Countries (OPEC), whose output fell in July, along with Iraq and Venezuela, according to
Mozambique will host the Tokyo International Conference on African Development (TICAD) from today to Friday, an event that will be attended by foreign ministers, among other government
Chinese group HNA has acquired 16.2 percent of the Dufry group, raising its stake in the Basel-based group to 20.92 percent, which operates more than 2,200 duty-free
Mozambique’s state- owned electricity company Electricidade de Moçambique (EdM) intends to light up the whole country by 2030, a project expected to cost over USD16 billion, chairman
Standard & Poor’s (S&P) downgraded Angola’s long-term credit rating in domestic or foreign currency from “B” to “B-“, but maintained a stable outlook, according to the latest
The project of the future Special Economic Zone (EEZ) of São Vicente, Cape Verde, is a priority for the government and the country is preparing to receive
The China National Nuclear Corporation (CNNC) is interested in participating in the conclusion of construction of Brazil’s Angra 3 nuclear power plant which have been halted
The first cotton harvest under Angola’s production recovery program is scheduled for July in the provinces of Malanje and Kwanza Sul with a symbolic result of 200
The International Fund for Agricultural Development (IFAD) will apply about USD150 million in the agricultural sector in Mozambique, which will be disbursed over the next
The Bank of Mozambique spent USD300 million of its own resources to build its new headquarters in Maputo, a set of three buildings in the city
Angola oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) posted net profit of more than 13 billion kwanzas (USD68 million) in 2016, the chairwoman of
The Macau Trade and Investment Promotion Institute (IPIM) wants more companies from Portugal and Spain to come to Macau to showcase their products, with the Chinese market
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