FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
Foreign direct investment from France in Angola totals over 10 billion euros and France is the country’s third biggest supplier, the Angolan Foreign minister, Georges Chikoti said Tuesday in Luanda. While
Sonangol’s entry in the capital of the new BESA is part of a capitalisation plan that the National Bank of Angola set out for the bank as a result of
The changes were made during an extraordinary general meeting of shareholders held Wednesday in Luanda, in compliance with the stipulations of the Angolan central bank, which will thus end its
The director of the Angola Wine Festival, Miguel Pinho, noted that the figure was a good representation of a “very large business” in the country, which shows “the importance that
Eventos Arena – Organizaçao e Gestao de Feiras e Eventos said in a statement that the fair, which this year will have an exhibition area of 16,000 square metres, will
The China-Portuguese Speaking Countries Fund for Cooperation and Development has approved two projects in Angola and Mozambique valued at USD10 million each, said the Secretary-General of the Permanent Secretariat of
The minister also told financial news agency Bloomberg that the state budget for 2015 had been prepared based on a price per barrel of oil of between USD88 and $92
The deal also involved a change in the shareholder structure of Banco BIC Portugal, as António Ruas, another shareholder, also sold his 10 percent stake to Isabel dos Santos and
The fleet of the Moçâmedes Railroad will be increased in a few days with the arrival of three new locomotives acquired in the United States, the chairman of the rail
The Angolan government has approved the purchase of 10 railcars to strengthen the passenger rail system in the city of Luanda, according to a statement from the Council of Ministers
Aniceto Bila said in Andulo district, 130 kilometers north of Kuito, that the funding allowed the consolidation of all activities including training of farmers, supplying seeds, fertilizer, and agricultural production
The Angolan subsidiary of Portuguese group Sumol+Compal plans to increase its investment in Angola by building a USD51 million factory, as part of a project launched in 2013, according to
In the statement available on the CMVM website the group said its board of directors had approved all “necessary measures to sell Oi’s stakes in Africatel Holdings, representing 75 percent
The Post Office in Angola (Correios de Angola) and the Western Union Company have signed an agreement to provide money transfer services for the first time to users of the
Commandante Gika, Angola’s biggest building project ever and one of the largest in Africa, is expected to be inaugurated within six months, said manager Sónia Campos, cited by Angolan daily
After starting the year at a low, due to technical problems on some oil rigs, Angola’s oil production is recovering, and state oil company Sonangol expects production to reach 2
The agreement signed last week is a review of the aviation agreement signed by both governments in 2011, under which Kenya Airways started flying to Angola. The Kenyan airline currently offers
Angola expects to receive 4.7 million tourists in 2020, according to a forecast announced Thursday in Lisbon by the Director of the Angolan Institute of Tourist Promotion (Infotur), Eugene Clement,
The government of Japan will support the Angolan program to combat the effects of drought affecting 1.8 million people since 2012 with a contribution of USD1.2 million , the first
Angosat, Angola’s first satellite, is expected to be placed in orbit and become operational in the first quarter of 2017, the Angolan Secretary of State for Telecommunications said recently in
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