Angolans are anxiously watching the vote counting in their election race between the ruling MPLA party and the opposition UNITA. With 86% of votes
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 a slump in oil-industry
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 one of the countries
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 in foreign trade, the
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 statement to the market. In
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 the National Director of
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 of no longer having
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 Institution in the USA,
John Baltz said that despite the unfavorable situation created by the fall in the price of oil on the international market, the company maintains production efficiency levels. “The company is facing
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 European countries, according to
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 Luanda. “The kwanza will have
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 the Ministry of Foreign Affairs
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 carats, according to the
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 exhibitors, occupying a covered
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 of shipbuilding and infrastructure
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 dam, in the Middle
Construction of the Soyo refinery was awarded to two Chinese companies. The work should be completed in 26 months and will occupy an area of 220 hectares in a significant
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 in which the Ministry
The Angolan newspaper, whose newsroom has around 10 journalists led by Aylton Melo, will be on sale in the country’s main cities for a cover price of 500 kwanzas, and
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 of Foreign Affairs. “China has
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