Tag: Angola
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Dozens of arrests during fuel protests by transport workers
Unrest broke out on the streets of Angola’s capital as transport workers began a three-day strike to protest against surging fuel prices. Videos posted on social ... -
IPIM tours four GBA cities to foster regional cooperation
The Commerce and Investment Promotion Institute (IPIM) visited Zhuhai, Foshan, Zhongshan, and Jiangmen—four cities in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA)—this month. The visit included ... -
Biden says the US is ‘all in’ on Africa during his visit meant to counter China
Speaking of “our nation’s original sin,” President Joe Biden yesterday [Macau time] toured a slavery museum in Angola and inspected shackles and a whip but also ... -
Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and see a slavery ... -
Angola anxiously watches vote counting in national election
Angolans are anxiously watching the vote counting in their election race between the ruling MPLA party and the opposition UNITA. With 86% of votes counted, the ... -
Dangers of big oil spending cuts are visible in Angola’s slump
The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of ... -
Angola among the countries that can benefit most from the internationalization of the renminbi
The currency of China has been attracting African countries, especially after its inclusion among the benchmark currencies of the International Monetary Fund (IMF), with Angola considered ... -
Angola introduces new customs tariff in 2017
The Angolan General Tax Administration (AGT) is developing a new customs tariff to come into force in 2017 in collaboration with public and private entities involved ... -
Millennium Angola merges with Banco Privado Atlântico
Banco Millennium Angola will merge with Angolan bank Banco Privado Atlântico under a memorandum of understanding signed Thursday, Portugal’s Banco Commercial Português (BCP) said in a ... -
Angola visited by 4.6 million tourists by 2020
The tourism sector in Angola is expected by 2020 to record about 4.6 million tourists who will provide revenues estimated at USD4.7 billion, said last week ... -
Oil production costs in Angola ‘must fall’
The Director of Total E&P Angola, Jean-Michel Lavergne, warned that if oil exploration costs in Angola did not come down significantly, the country runs the risk ... -
Africa | Angola ranks eighth with most Chinese investments
Angola is the eight-ranking African country with the most Chinese investments, 189, on a list topped by Nigeria with 404, indicates a compilation by the Brookings ... -
Angola | Cabinda Gulf Oil extracts 5 billion barrels this year
The Cabinda Gulf Oil Company, a subsidiary in Angola of US group Chevron, this year extracted 5 billion barrels in blocks Zero and 14, after operating ... -
Angola and China are a priority to diversify Cape Verde’s economic relations
Cape Verde (Cabo Verde) wants to diversify its economic relations, with particular focus on the “South-South” axis and on Angola and China, to reduce dependence on ... -
China and Angola sign mutual currency acceptance agreement
Angola has signed a monetary agreement with China under which national currencies are now accepted in both countries, Angola’s trade minister, Rosa Pacavira said Monday in ... -
Angolan trader Mike (l) bargains with miss Zhou, a Chinese retailer in a wholesale market in Xiaobei Road, a commercial area in Guangzhou
Next October Portugal plans to reopen a Consulate General in Guangzhou, according to Portuguese daily newspaper Diário de Todos. The newspaper reported the joint order of ... -
Angolan diamond sales increase by 35 percent
Sales of Angola’s diamonds have increased year on year by nearly 35 percent in the first half of this year, exceeding USD573 million and 4.2 million ... -
Angola | Germany and Italy showcased at largest trade fair
The 32nd edition of the Luanda International Fair (Filda) started yesterday in Luanda with the participation of 40 countries and territories and 930 national and international ... -
Angola | François Hollande visit results in orders for French companies
The visit by the President of France, François Hollande, to Angola resulted in the signing of letters of intent to order hundreds of millions of euros ... -
Angola | Chinese company hired to build hydroelectric plant
The government of Angola has hired a consortium made up of the China Gezhouba Group Corporation (CGGC) and Niara Holding to build the new Caculo Cabaça ... -
Chinese companies start building refinery in Angola
Angola should be self-sufficient in gasoline and diesel from 2017, following the commissioning of the new Soyo refinery, said the chairman of state oil company Sonangol ... -
Gasoline no longer subsidized in Angola
The sale of gasoline in Angola is now based on a free pricing system, putting an end to state subsidies, under the terms of a decree ... -
Angola has new weekly financial newspaper
The first issue of weekly financial newspaper Mercado, the debut release of publisher Media Rumo in Angola, hit the newsstands yesterday. The Angolan newspaper, whose newsroom ... -
Angola wants greater cooperation from China
China and Angola have maintained good cooperation in many areas but there is still much to be done together, said Monday in Jakarta the Angolan Minister ... -
Angola | Company signs investment agreement worth USD5b
Angolan company Organizações Ribeirinho has become the largest investor in Angola to sign a contract with the National Agency for Private Investment (ANIP) for an investment ... -
Angola | Australian company extracts 1,317 diamonds in concession
The exploitation of alluvial diamonds in Lulo, in the Angolan province of Lunda Norte, allowed the mining of 1317 diamonds since January, the Australian company Lucapa ... -
New visa system makes Angola more attractive to investors and tourists
The ongoing process of facilitating the allocation of visas by Angola makes the country more attractive to investors and tourists, creating new sources of revenue at ... -
China wants to strengthen partnership with Angola
China “aims to strengthen the strategic partnership with Angola,” the official Chinese news agency Xinhua reported, citing statements by Liu Yunshan, a member of the Standing ... -
Angola | Cities of Luanda and Lobito to be linked by motorway
A new bridge over the Kwanza River along National Road 100, is set to be built this year to allow traffic to move more easily along ... -
Angola | Private investment expected to create 41,000 jobs
Thirty-six private investment projects created under the program for acceleration of diversification of Angola’s economy, will create 41,000 direct jobs in the next three years, the ... -
Angola regulates franchising activities
Angola will implement national regulations for the franchise system by the end of the year, according to an order from the Ministry of Trade establishing a ... -
Angola | Takeover bid opens way to consolidation in the banking sector
Consolidation of operations in the Angolan commercial banking sector, long-awaited by analysts, my experience its most important consolidation to date as a result of the tender ... -
National Bank of Angola to design new coins
The National Bank of Angola (BNA) will take on the design new 50 and 100 kwanza coins alluding to the 40 years of national independence, to ... -
Angola starts issuing multiple entry visas
In March Angola will start issuing ordinary and tourist multiple-entry visas, the country’s Interior Minister, Angelo Veiga Tavares said Monday cited by Angolan news agency Angop. ... -
IMF warns of ‘tough period’ for Angola in 2015
The Angolan government’s proposal to revise the State Budget for 2015 due to the significant decline in oil prices was “timely and fast,” the head of ...







































