Preliminary work in block 29 of the Lulo concession was “successfully” completed and in just eight days of operation 17.33 carats of diamond per 100 cubic meters of rock have
Due to long-term supply contracts, which mainly began to be established in 2002, China is now the largest buyer of oil from Angola, absorbing about half of the West African
The new plant for collection, treatment and distribution of drinking water, which cost USD45 million, has a capacity to pump 11 billion cubic meters of water a day and will
Chinese company Sinohydro built a new plant for collection, treatment and distribution of drinking water and the system to expand and improve the medium voltage grid and public lighting system
The Minister of State and Foreign Affairs of Portugal, Rui Machete, announced Monday in Luanda the intention to move ahead with a system of special visas for businesspeople, as part
“Work on support infrastructure is being carried out and in June 2015 the work itself will begin,” said Aldina da Lomba Catembo, cited by local media. The governor had previously
The competition runs until 30 January and will select the motifs to appear on the face of the two new coins, and the selection panel will be led by the
The Tourism Development Master Plan for the Okavango Basin Hub will complement the Master Plan for Tourism of the National Development Plan (NDP) 2012/2017, said Angola’s Minister for Hotels and
Simão Grilo dos Santos, who recently spoke in Sao Paulo, said Proex would have its funding increased in 2015 “to finance Brazilian businessmen interested in investing in Angola with local
Figures from Angola’s Finance Ministry showed that revenues from diamonds, including taxes and royalties, reached USD6.5 billion between January and September, in line with last year’s total, and with a
Angola’s National Agency for Private Investment (ANIP) plans, from 2015, to open offices in all 18 provinces of the country, to facilitate contacts with companies submitting investment proposals, ANIP’s president
Approved investments along with those still under review by Angola’s National Agency for Private Investment (ANIP) in 2014 exceeded USD7.7 billion, the president of the agency announced at a meeting
The newspaper added that the Caio Porto company, which was awarded the construction of the port, is currently carrying out work to cordon off the port area and building access
BIC Angola bank is negotiating the sale of a 10 to 15 percent stake to a major international bank, the bank’s chairman, Fernando Teles said in Lisbon. The president of
The 1st Angola International Fisheries and Aquaculture Fair is on from 27-30 November at the premises of the Luanda International Fair (Filda) with at least 50 domestic and foreign companies
The National Statistics Institute of Mozambique (INE) is due in 2015 to begin the second Companies Census and preparatory work is currently underway, Mozambican newspaper Notícias reported. The newspaper added
The projects selected to accelerate the process of diversification of Angola’s economy over the next three years have an estimated cost of USD22.7 billion, Angola’s Economy Minister said recently in
Bureaucratic constraints on the financing of investment projects in Angola are being overcome with the approval of several orders that allow easier access to loans, Angola’s Minister for the Economy
Chinese state company CITIC Construction Co. will invest USD5b in 2015 in an agricultural project in Angola in order to “help reduce the insufficient food production in the country,” said
The government of Angola plans to build a railway line to link the country’s three current railways, thus establishing a national railway network, Angola’s Transport Minister said in Lubango. Minister Augusto
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