30-10-2014 22:52:00 | by: Administrator | hits: 19160539 | Tags:

[Angola] IFC opens office to support private sector growth
12-11-2019 | 08:29:00
IFC, a member of the World Bank Group, has opened an office in Angola to deepen its support for private sector development and economic diversification the country.
Angola Cables, DE-CIX partner to increase broadband connectivity in Latin America
11-11-2019 | 11:26:00
Angola's fiber optics Internet connectivity provider, Angola Cables, announces a partnership with Germany-based Deutscher Commercial Internet Exchange (DE-CIX).
DOF Subsea secures contracts in Africa
29-10-2019 | 07:10:00
DOF Subsea has secured 2 contracts totaling more than 160 vessel days for Skandi Seven and Skandi Skansen in Africa.
Angola becomes 8th Member State to sign Charter establishing SADC regional fisheries Monitoring Control Surveillance Coordination Centre
22-10-2019 | 12:14:39
The Minister for Fisheries and Sea of the Republic of Angola signed the Charter establishing the SADC regional fisheries Monitoring Control Surveillance Coordination Centre (MCSCC) in Maputo, Mozambique.
Angola economy reels under poor performance of the oil sector
17-10-2019 | 11:00:00
Angola is on the list of African countries whose economic recovery has remained weak, a situation that is “weighing” on the region's prospects, according to the report of the 20th edition of Africa's Pulse.
Angola launches National Database Protection Agency to protect citizens' digital information
16-10-2019 | 12:13:33
The Angolans citizens’ personal data become protected from now onwards, with the official launch of the National Database Protection Agency (APD).
[Angola] Drought and commercial cattle farming exposes tens of thousands to devastating hunger, Amnesty International
15-10-2019 | 11:33:00
Tens of thousands of pastoral farmers who have been driven off their land to make way for commercial cattle ranches have been exposed to a greater risk of hunger and starvation as drought grips southern Angola.
Eni, Government of Angola deepen cooperation for efficient and sustainable access to energy resources
09-10-2019 | 10:11:00
The President of the Republic of Angola and the CEO of Eni met in Luanda to discuss new community development initiatives that would contribute to the carbon neutrality of Eni's activities in the country.
[Angola] Fortaleza introduces travel insurance online
03-10-2019 | 06:39:00
Insurance company Fortaleza has launched the sale of travel insurance via the Internet, through a platform available on the company's website, which operates 24 hours a day.
[Angola] CGG delivers advanced 4D seismic survey results to BP
03-10-2019 | 06:29:00
CGG Subsurface Imaging, part of CGG’s Geoscience division, has delivered state-of-the-art broadband 4D seismic results ahead of schedule from BP Angola’s latest monitor survey offshore Angola.
GE Healthcare appoints Maria do Rosario Boavida as Country Leader for Angola
01-10-2019 | 13:52:00
GE Healthcare has announced the appointment of Maria do Rosario Boavida as the Country Leader for Angola. Maria is the first Country Manager for GE Healthcare in Angola.
[Interview] Bob Koigi, Africa Business Communities
27-09-2019 | 10:19:00
Bob Koigi, multiple award winning journalist and East Africa Region Chief Editor at Africa Business Communities, was recently selected as one of the 100 worldwide most influential people of African descent under 40
Angola’s taxman launches modern information center to bolster revenue collection
19-09-2019 | 06:32:49
The General Tax Administration (AGT) has as of today a Contact Center and a Tax Information Center (BI Showroom) to serve citizens and businesses.
Angola Cables and TM Global successfully establish proof of concept a new cable route
19-09-2019 | 05:51:14
TM GLOBAL and Angola Cables have been exploring another alternative via a new express route connecting the southern hemisphere subsea cables from Asia directly to South America
BFA becomes first Angolan bank to sign on to Afreximbank's trade facilitation programme
17-09-2019 | 09:04:12
Banco de Fomento Angola (BFA) has signed on to the Afreximbank Trade Facilitation programme for an initial $50-million line of credit, becoming the first Angolan bank to sign on to the programme offered by Afreximbank.
Angola rolls out electronic payment system to ease import registration
13-09-2019 | 13:09:54
Angola’s Ministry of Commerce has presented an electronic payment system for import, export and re-export registration with a view to facilitating and reducing bureaucracy.
Angola to reform business climate to boost investment in agribusiness
12-09-2019 | 10:59:00
Angola's Ministry of Trade, Ministry of Economy and Planning, together with the UNCTAD discussed reforms to boost FDI for economic diversification, during the presentation of the Investment Policy Review (IPR) in Angola.
Angola presents a wealth of business opportunities for the South African private sector, Commerce Minister
12-09-2019 | 06:37:00
Angola Commerce Minister Dr Joffre Van-Dunem Junior said that Angola is a trade and investment destination for the South African companies keen on investing and doing business in the country.
South Africa business delegation seek for trade and investment opportunities in Angola
10-09-2019 | 06:32:00
A South African business delegation is in Luanda, Angola in search of export market as part of the Outward Trade and Investment Mission.
Qatar Airways to launch direct flights to Luanda, Angola
09-09-2019 | 12:05:00
Qatar Airways will commence a new five-times weekly service to Luanda, Angola, starting 29 March 2020, to be operated by a Boeing 787 Dreamliner aircraft.
Chad invites Angola to explore oil
23-08-2019 | 11:29:00
Chad has sent an invitation to Angola to explore oil in the country, Angola’s President João Lourenço has said.
Angola and Cape Verde sign agreements to end double taxation
15-08-2019 | 08:42:55
Angola and Cape Verde have signed three agreements to end double taxation and guarantee mutual administrative assistance in customs and tax matters between the two countries.
[Column] Paul Akiwumi: Why Angola must foster entrepreneurship and diversify its economy
13-08-2019 | 13:45:49
As Angola’s new president João Lourenço embarks on reforms aimed at fostering a dynamic local entrepreneurial sector, his success will ultimately be judged by the fortunes of people like Alcino António.
Amplus Energy awarded first major contract in Angola
13-08-2019 | 09:38:17
Aberdeen-based floating production solutions specialist Amplus Energy Services has been awarded a multi-million-dollar contract to re-evaluate the development of marginal fields in Angola.
Allied Wallet Africa announces new office in Angola to support African entrepreneurs
13-08-2019 | 06:06:00
Allied Wallet Africa, a global FinTech company offering various payment solutions in 196 countries, recently announced a new office in Angola, Africa to support the growing opportunities for African entrepreneurs.
[Angola] TVCabo introduces broadcasting on multiple digital platforms
09-08-2019 | 06:12:40
TVCabo users will be able to watch ZAP and DSTV channels at any time and place via devices such as smartphone, tablet, computer, or operator's IPTV Box, provided they are connected to the Internet.
Angola Cables announces plans to launch live gaming portal
07-08-2019 | 06:48:00
Angola Cables has announced that, through its low latency submarine fibre cable routes, it will provide a new Live Gaming Portal in Angola.
[Angola] MSTelcom invests $4 million in new technology solutions.
05-08-2019 | 08:23:54
Sonangol subsidiary MSTelcom has invested $4 million from 2018 in two new services MStcloud and Cyber Security, two technological solutions, one for storage and one for corporate virtual data protection.
Eni drills well offshore Angola
29-07-2019 | 07:52:00
Eni has successfully drilled Agogo-2, the first appraisal well of the Agogo discovery in Block 15/06, offshore Angola.
Angola to spend $11 million each year on cybersecurity
26-07-2019 | 06:22:24
The Angolan state could spend $ 11 million every year on cybersecurity, with the implementation of systems and the computer incident response center recently launched.
[Angola] VAALCO pays $4.5 million settlement fee to ANPG for offshore block termination
23-07-2019 | 11:38:25
VAALCO Energy announced that the Company has paid $4.5 million to ANPG, as National Concessionaire, under the terms of the previously announced Settlement Agreement executed earlier this year.
[Angola] Average cost of oil production per barrel rises 12 per cent
22-07-2019 | 08:56:50
The weighted average cost of producing a barrel of oil per block in 2018, excluding abandonment costs, rose 12 percent to $ 7.53 versus $ 6.74 in 2017.
European Investment Bank to invest €30 million in Angola SMEs
16-07-2019 | 06:20:08
The European Investment Bank intends to provide 30 million euros of funding to support Angolan small and medium-sized enterprises, Angolan bank representative Marc Leistner has said.
Angola Cables launches cloud service
15-07-2019 | 11:32:02
Angola Cables, an Angolan multinational telecommunications company has launched Angola Cables Cloud Service to the African market.
National Bank of Angola sets limit on payments system
10-07-2019 | 14:28:08
The National Bank of Angola (BNA) has determined the limits of values to be moved in the country's payment system.
Wave of Mergers & Acquisitions strengthens banks’ credit profiles across sub-Saharan Africa, Moody's
04-07-2019 | 07:53:00
The wave of mergers and acquisitions among banks in sub-Saharan Africa is credit positive for bank creditors and is set to continue, Moody's Investors Service said in a report published today.
[Angola] Banco Atlântico unveils first digital laboratory
03-07-2019 | 09:18:37
The first digital laboratory in Angola, to promote an ecosystem of fostering entrepreneurship and digital innovation, has been unveiled by the President of the Atlantic Bank, Daniel Santos.
Angola signs ICT memoranda with Rwanda and Sweden
24-06-2019 | 07:15:55
The Angolan Government has signed two Memoranda of Understanding for strengthening cooperation in the field of Telecommunications and Information Technology with Rwanda and the Kingdom of Sweden.
Vodacom enters agreement with ITA to sell Angolan operations and assets
24-06-2019 | 07:05:00
Vodacom Group has entered into an agreement with Internet Technologies Angola, the largest independent enterprise telecommunications provider in Angola.
[Angola] Ministry of Telecommunications launches ‘ao’ domain
21-06-2019 | 13:05:00
The Ministry of Telecommunications and Information Technologies (MTTI) has launched the domain "ao" - an electronic website and institution indicating that they are registered in Angola.
Angola Airlines strengthens fleet with six new aircraft
21-06-2019 | 08:20:00
Angola Airlines, as part of the process of renewing its fleet of aircraft, has acquired six new Dash8-400s, from the Canadian company "De Havilland of Canada Limited".
African space industry generating over USD 7b annually, to exceed USD 10b by 2024, report
20-06-2019 | 09:08:00
The 2019 African Space Industry Annual Report explains that the industry has already reached over USD 7 billion of annual revenues and is projected to grow at a 7.3% compound annual growth rate to exceed USD 10 billion by 2024.
[Angola] Bestfly leases two ATR series jets to operate corporate and charter services
20-06-2019 | 08:32:19
Angola private company Bestfly will take delivery of two ATR 72-600s from lessor Acia Aero to operate corporate and charter services throughout the country.
General Electric appoints Jaime Morais as Angola Country Leader
14-06-2019 | 11:05:00
General Electric has announced the appointment of Jaime Morais as the Country Leader for GE in Angola.
Eni and Sonangol agree on renewable energy initiatives in Angola
10-06-2019 | 11:24:00
Eni and Sonangol have signed the Heads of Agreement for the incorporation of Solenova Ltd, a joint controlled company set up to assess and develop renewable energy opportunities in Angola.
Baker Hughes launches its multimodal facility expansion in Angola
10-06-2019 | 09:44:00
Baker Hughes, a GE company has announced the inauguration of its multimodal facility (MMF) for oil and gas in Luanda, Angola.
Angola launches 10 oil blocks in the Namibe and Benguela Basins
07-06-2019 | 06:46:00
Angola made another stride in becoming Africa’s hottest oil & gas frontier by launching the first phase of its brand new six-year oil licensing strategy.
ExxonMobil, partners to redevelop Angola Block 15 to increase production
06-06-2019 | 08:07:00
ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels.
Chevron awards new contract to SPIE in Angola to support operations on the 0 and 14 oil blocks
06-06-2019 | 06:08:00
Chevron oil company has awarded a contract to SPIE Oil & Gas Services, to support operations on the 0 and 14 oil blocks located in the Angolan province of Cabinda at the extreme north of the country.
[Angola] ANPG, ENI announce fifth oil discovery with estimated reserves of 400 million barrels
05-06-2019 | 06:08:00
The National Oil, Gas and Biofuel Agency (ANPG) and ENI have announced a new oil discovery in Block 15/06, in Angolan deepwater.
[Angola] The National Gas and Biofuels Agency outlines strategies to reverse oil decline
04-06-2019 | 12:12:40
The National Gas and Biofuels Agency (ANPG) has drawn up a short-, medium- and long-term strategic plan to reduce the decline in oil production, currently estimated at 1,400,000 barrels per day.
World Bank to open office in Angola to finance tourism
27-05-2019 | 07:14:36
An office of the World Bank will be opened in Luanda this September to finance private investments in the tourism sector.
Radisson Hotel Group set to build five hotels in Angola’s capital
24-05-2019 | 13:25:46
Five hotels from 3 to 5 stars are expected to be built in the country in the next few years by the international hotel chain Radisson Hotel Group, its developer in Erwan Garnier has said.
Angola and Nigeria focus on strengthened cooperation
23-05-2019 | 07:43:47
Foreign Affairs ministers of Angola and Nigeria have expressed the two countries need to deepen political, socio-economic and cultural cooperation with a view to strengthening existing ties.
CITIC invests $40 million in Angola’s aluminum plant
22-05-2019 | 08:40:00
An aluminum profile factory with an annual production capacity of 10,000 tonnes, a $40 million investment from China's CITIC, has been inaugurated in the Luanda-Bengo Special Economic Zone (ZEE) in Viana Angola.
Huawei Academy certifies Angola’s Telecommunications Institute
21-05-2019 | 08:45:55
Angola’s Telecommunications Institute (ITEL) has been certified by the Huawei Academy, under an agreement signed in 2018 and which has already allowed 235 students.
Eni discovers new light oil offshore Angola
14-05-2019 | 10:17:20
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect.
World Bank invests$ 25 million towards Angola’s cassava research
06-05-2019 | 07:36:00
Twenty-five million US dollars were made available on credit by the World Bank to the Angolan government to support the investigation of the entire cassava production chain in Angola.
Angola launches electronic import licensing service to reduce bureaucracy, entice investors
02-05-2019 | 11:01:00
Angola Ministry of Economy and Planning as launched a new Electronic Goods Import Licensing Service to improve the business environment and motivate economic activity.
Angola seeks $ 1 billion loan from Deutsche Bank to boost private sector
01-05-2019 | 13:38:39
The Angolan government is negotiating with the Deutsche Bank, a credit line of $ 1 billion to boost the private sector, especially the productive sector, the President of the Republic, João Lourenço has said.
Angola Airlines resumes sale of tickets in national currency
26-04-2019 | 13:45:00
Angola Airlines TAAG has resumed the sale of tickets in national currency, the Kwanza, regardless of the beginning of the route.
Saudi Arabia expresses interest in Angola’s oil and mines
22-04-2019 | 11:48:06
Representatives of the Ministry of Energy and Industry and companies from Saudi Arabia have visited Angola to gather information on business opportunities in Angola.
IMF recommends improved spending process in Angola
19-04-2019 | 13:02:00
The International Monetary Fund (IMF), in the framework of the technical assistance provided to the Republic of Angola, has recommended improving the process of execution of the State Budget (OGE).
Angola seeks Chinese investment in Special Economic Zone
17-04-2019 | 08:47:00
The potential of the Luanda-Bengo Special Economic Zone was presented to Chinese entrepreneurs from various sectors during the Angola / China Investment Forum.
AngoNAP Fortaleza data centre to benefit content and data sharing between Latin America and Africa
17-04-2019 | 01:41:00
Telecom multinational, Angola Cables yesterday announced the opening of its carrier-neutral data centre, AngoNAP Fortaleza in Fortaleza, Brazil.
Angola Finance Ministry sign anti money laundering agreement with US Treasury Department
15-04-2019 | 12:44:48
The Angolan Finance Ministry and the US Treasury Department signed a technical assistance agreement with the Financial Information Unit (FIU) and other bodies involved in the fight against money laundering.
US Exim Bank, Angola sign MOU to increase trade
12-04-2019 | 12:25:36
Export-Import Bank of the United States, EXIM, has entered into an MOU with the Ministry of Finance of the government of Angola to increase trade of goods and services between the United States and Angola.
Angola to award 49 oil concessions by 2025
10-04-2019 | 06:21:50
Forty-nine oil concessions will be awarded between 2019/2025 for exploration, research, development and production of hydrocarbons in Angola.
[Angola] Total launches full-field production on Kaombo with the start-up of the second FPSO
04-04-2019 | 07:31:10
Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Luanda, Angola.
Angola and Russia strengthen cooperation with ten new agreements
04-04-2019 | 07:21:37
Cooperation between Angola and Russia is set to be strengthened with the signing of ten new agreements in different economic and social areas.
[Angola] Economic Commission approves debt strategy
26-03-2019 | 11:04:00
The Economic Commission of the Council of Ministers has approved the medium-term debt strategy (2019-2021).
Angola receives $2million from USA to combat money laundering
19-03-2019 | 11:41:00
The United States of America (US) will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Assistant Secretary of State has announced.
Angola government invests $2 million in industrial park
18-03-2019 | 07:12:06
At least 636.9 million kwanzas, approximately $2 million, are being invested by the Angolan Government in the construction of the rural industrial park.
Eni announces major oil discovery in Angola
14-03-2019 | 07:19:00
Eni has announced a major oil discovery in Block 15/06 in the Agogo exploration prospect in Angola’s deep water, estimated to contain between 450 and 650 million barrels of light oil in place with further upside.
Aurecon picks Orange to manage its communications infrastructure in Africa, Asia and Middle East
12-03-2019 | 10:30:19
Aurecon has selected Orange Business Services, a global technology integrator, to manage its global communications infrastructure.
[South Africa] Sanlam remains resilient amid challenging operating environment, Sanlam annual results
07-03-2019 | 07:10:00
Sanlam’s 2018 annual results provides testimony to its resilience amid challenging operating conditions and negative investment markets as it announced its operational results for the 12 months ended 31 December 2018.
Angola and Portugal sign 11 new cooperation protocols
07-03-2019 | 06:05:00
The Angolan and Portuguese authorities have signed 11 new protocols of cooperation, in a ceremony witnessed by the Heads of State João Lourenço and Marcelo Rebelo de Sousa.
Eni Angola renews partnership with HALO Trust
28-02-2019 | 14:03:00
Eni Angola, representing Sonangol - Concessionaire and the partners of Block 15/06 - Sonangol P&P and SSI, signed a new donation contract with HALO Trust in support of the demining activity in the country.
[Angola] Seadrill establishes new joint venture with Sonangol
18-02-2019 | 10:04:37
Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
Angola Telecom privatization set for this year
15-02-2019 | 06:53:32
The process of privatization of Angola Telecom will start this year, and evaluating the assets and assets of the company is underway.
Angola and Zambia sign agreement to strengthen control of the common border
14-02-2019 | 11:15:00
The Angolan and Zambian customs authorities have signed in Luanda an agreement for the implementation of the Joint Action Plan to adopt strategies aimed at greater control of the common border.
[Angola] BPC announces lending to new companies
12-02-2019 | 08:04:58
The president of the Board of Directors of the Savings and Credit Bank (BPC), Alcides Safeca, has announced the granting of credits to potential entrepreneurs that guarantee a lower risk of default later this year.
Seadrill establishes new joint venture with Sonangol, Angola
12-02-2019 | 07:33:00
Seadrill Limited announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
[Angola] Millennium Bank signs €30 million financing agreement with Germany’s Commerzbank
07-02-2019 | 07:20:00
Millennium Bank has signed a protocol to open a financing line with Commerzbank, Germany, for a total of 30 million euros.
Angolan Airlines reduces tariffs for domestic flights
04-02-2019 | 07:07:31
With a view to softening the financial efforts of passengers and solidarity with their economic difficulties, TAAG - Angolan Airline, has introduced a new tariff for domestic flights.
[Angola] Eni announces production of a new well in the Vandumbu field
29-01-2019 | 06:13:59
Oil and gas exploration company Eni has announced that it has successfully started production of a well in the Vandumbu field, located 350 km northwest of Luanda.
Angola, Zambia work to eliminate double taxation
24-01-2019 | 13:10:08
Angolan and Zambian officials are working to sign an agreement this year to end double taxation that allows for stability in business between the two countries.
Angola set to join the electronic window of foreign trade
22-01-2019 | 07:02:38
Angola will join the platform of the Single Window of External Trade from 2021, with a view to facilitating the movement of goods at the borders.
Angola passes resolution to eliminate double taxation with Portugal, UAE and China
17-01-2019 | 09:02:51
Angola’s National Assembly has approved draft resolutions on agreements for the elimination of double taxation with Portugal, China and the United Arab Emirates.
Angola government in talks with Volkswagen and Ford to open production lines
14-01-2019 | 07:34:00
Angolan authorities are negotiating with Volkswagen and Ford managers, two of the 12 leading automobile brands in the world, to open production lines in Angola.
China reiterates financial and infrastructural support to Angola
14-01-2019 | 07:23:10
The Chinese government will continue to provide aid to Angola, mainly in the financial and infrastructure sectors, as well as encouraging local companies to invest in Angola.
Angola and Vietnam deepen cooperation on agriculture
10-01-2019 | 09:48:40
Angola and Vietnam will increase cooperation in agriculture and technology, as part of the ongoing economic diversification process in the country.
[Angola] Webcor Group acquires Lactiango for $30 million
09-01-2019 | 09:24:17
Lactiangol, Angola's main dairy unit, has been acquired by the Webcor group, in a deal valued at $30 million.
[Angola] Banco Prestígio set to start issuing investment credit
04-01-2019 | 10:20:00
Boutique investment banking firm Banco Prestígio has announced that it will start granting investment credit this year.
Angola legalizes 55 institutions of higher learning
04-01-2019 | 06:25:54
Angola has 55 higher education institutions legalized for this academic year, according to the Secretary of State for Higher Education, Eugénio da Silva.
Angola set to have industrial pole for cutting of diamonds
02-01-2019 | 11:45:00
A pole for diamond-cutting factories, a professional technical school and other diamond-related industries in Angola are set to be inaugurated this year.
Angola launches digital platform to facilitate business environment in the country
02-01-2019 | 06:12:00
A digital platform called "Multiplica" has been launched to promote and manage the information base on organizations, services and goods in Angola.
[Angola] Sonangol, ExxonMobil sign oil exploration deal
31-12-2018 | 11:00:00
Sonangol EP and ExxonMobil Corporation have signed a Memorandum of Understanding defining the intention of signing the risks with service contracts.
Angola set to join free trade zone of SADC
31-12-2018 | 08:15:00
Angola will be able to join the free trade zone of the SADC region in 2019, where it plans to establish two customs tariffs,
Angola collects $9 billion from timber exports in three months
31-12-2018 | 06:06:00
Nine million dollars were deposited in Angolan commercial banks, from September to December, in favor of the national exporters of saw timber.