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30-10-2014 22:52:00 | by: Administrator | hits: 13816433 | Tags:

ACP investment in Angola reaches $40 million in ten years
20-11-2018 | 12:00:00
Angola Capital Partner (ACP), which manages the investment funds of Norway, has invested $40 million in Angola provinces over the last 10 years.
Total inaugurates Kaombo oil project In Angola
20-11-2018 | 08:05:00
The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior and the Chairman and CEO of Total have inaugurated the Kaombo project.
[Angola] Government set to adjust customs tariff to protect domestic production
20-11-2018 | 05:53:21
The new Customs Tariff in force since August may be subject to some adjustments, after evaluating internal production capacities, Angola’s Finance Minister Archer Mangueira has said.
Angola Cables, Broadband Infraco sign deal to improve internet connectivity in Africa
15-11-2018 | 06:32:24
Multinational telecoms company Angola Cables has signed a Memorandum of Understanding with Broadband Infraco.
Israel invests $300 million in Angola’s agriculture
07-11-2018 | 06:50:57
Israel has committed $300 million to finance agricultural projects in Angola, its ambassador Oren Rozenblat announced in the municipality of Tomboco, Zaire province.
Angola bets on artisanal fishing to grow economy
02-11-2018 | 06:48:26
Angola’s artisanal fishing sub sector continues to be the driving force behind the economic and social progress of communities, contributing to food and nutritional security, creating more jobs and raising household incomes
[Angola] Maurel & Prom to acquire 20 per cent stake in two AJOCO oil blocks
24-10-2018 | 11:13:00
International oil company Etablissements Maurel & Prom has announced the signature of a sale and purchase agreement for the acquisition of the 20 per cent working interest owned by Angola Japan Oil Co., Ltd.
[Angola] BNA warns banks to observe prepayment rules
22-10-2018 | 11:51:55
The National Bank of Angola (BNA) will sanction commercial banks that do not observe the rules applicable to foreign exchange transactions of prepayments and will be prevented from carrying out new foreign exchange operations of merchandise imports.
Angola spent $96 billion on infrastructure in 13 years, data
18-10-2018 | 10:44:00
The Angolan Government invested between US $ 99.5 billion and US $ 99.5 billion between 2002 and 2015 in the construction and reconstruction of roads, bridges, railways, airports, ports, dams, power distribution networks electricity.
Angola seeks to raise $200 million in income with basket tax
18-10-2018 | 06:08:00
Angola could raise at least US $ 200 million annually with the taxation of basic products, Angola's Association of Industries (AIA) president José Severino has said.
Angola’s installed energy capacity reaches 4,400 megawatts
17-10-2018 | 09:41:28
Angola’s energy sector is since 2017 saving an overall 669,000 liters diesel/day with entrance into operation of new power plant, which enabled the country to have currently an installed 4,409 megawatts.
Angola and United Arab Emirates strengthen cooperation in defense
11-10-2018 | 09:05:00
Issues related to strengthening bilateral cooperation in the defense field are being addressed between Angola and the United Arab Emirates.
[Angola] Industrial Park to create 120 jobs in Lunda Sul
11-10-2018 | 06:39:23
One hundred and twenty jobs will be created in the province of Lunda Sul, with the conclusion in December of the current year of an industrial park in the municipality of Saurimo.
China extends $2billion credit facility to Angola
10-10-2018 | 13:06:00
The Republic of Angola and the People's Republic of China have signed a facilitation agreement providing for funding from the Chinese Development Bank, valued at $2 billion.
[Angola] BFA adds new investment center to serve high end customers
10-10-2018 | 06:20:00
Angola's Banco de Fomento (BFA) has opened in Cabinda its first investment Center in BFA in the province and the 10th specialized point in the country.
Aker Solutions to provide brownfield services for BP in Angola
09-10-2018 | 06:10:00
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP's Greater Plutonio and PSVM fields offshore Angola.
Angola and China end double taxation on commercial transactions
08-10-2018 | 07:47:26
Angola and China are expected to sign a set of agreements, one of which puts an end to double taxation in commercial transactions, Angop learned in Luanda.,
Angola and Spain cooperate on maritime security
04-10-2018 | 09:07:21
The Angolan and Spanish navies are engaged in deepening cooperation in order to ensure the patrol of the coasts of Guinean Gulf and to combat piracy, illegal trade and smuggling.
Angolan GDP to drop to 1.5 per cent, Fitch Solutions
01-10-2018 | 11:49:41
GDP growth was reviewed on the 20th of September, below expected, for Angola, by the consulting company Fitch Solutions.
Submarine cable linking Angola and Brazil goes live
26-09-2018 | 05:28:30
Angola Cables has just announced that the South Atlantic Cable System (SACS) has gone live for commercial traffic.
DHL Global Forwarding names Egidio Monteiro CEO for Southern Africa
25-09-2018 | 10:23:00
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Egidio Monteiro to take on the role of CEO, Southern Africa, with effect from 1 October 2018.
Angola, Portugal enter deal to end double taxation
21-09-2018 | 12:55:00
The Angolan and Portuguese Governments has signed a convention in Luanda to end double taxation on income taxes and prevent fraud and tax evasion between the two countries.
SEFA awards $1 million to Angola’s independent power producers
21-09-2018 | 10:30:00
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 million grant to Independent Power Producers in Angola to encourage private investment in renewable energy.
Angola Airlines and Portuguese TAP to increase weekly flights
18-09-2018 | 08:20:00
TAAG Angola airline and Portuguese TAP are preparing to increase weekly flights between Luanda and Lisbon, based on an agreement on air transport agreement between Angola and Portugal.
[Column] Five roots to Central Africa’s industrialization
17-09-2018 | 11:36:20
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
Angola works on making trade easier, cheaper and faster
12-09-2018 | 11:15:00
The first training module of UNCTAD’s trade facilitation empowerment programme, which helps governments put in place the reforms necessary to make trade easier, cheaper and faster, has been completed
Angolan reforms to grow Tourism, Hospitality sectors - Wayne Troughton
10-09-2018 | 10:40:00
Angola’s growth prospects are set to rise as the country continues to make strides towards a more positive economic course.
[Angola] Biocom has produced half of the sugar consumed in 2018, data
07-09-2018 | 08:15:00
Fifty-one thousand, 785 tons of sugar were produced by the Bioenergy company (Biocom) in the 2018 harvest according to data released at the 34th Meeting of Working Group.
Power outages in Sub-Saharan Africa cost companies 31% in sales
06-09-2018 | 09:01:28
In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Center for Global Development.
Angola signs $170 million contract for supply of ten locomotives
04-09-2018 | 13:20:00
Angolan Railways, the consortium of Andrade Gutierrez and Zagope Angola have signed a contract valued at $169.3 million for the supply of 10 diesel locomotives with a capacity to carry seven thousand passengers.
BNA resumes sale of US dollars to Angola commercial banks
31-08-2018 | 06:14:47
The National Reserve Bank of Angola (BNA) has resumed the sale of foreign currency in dollars to commercial banks, making $30 million available, which had not happened since October 2016.
Angola seeks $4.5 billion in financial assistance from IMF
29-08-2018 | 06:06:00
Angola is to discuss a $4.5 billion extended financial programme with International Monetary Fund, IMF, as part of the financial aid the country requested to this institution.
Angola signs $500 million agreement with Germany's Commerzbank
24-08-2018 | 08:10:00
Angola has signed a framework agreement amounting to $500 million with and the German Commerzbank.
Investors express concern over entrenched state corruption in Angola
23-08-2018 | 10:19:35
EXX Africa has published a special report on the investment risk outlook on Angola.
Andersen Global expands to Angola
22-08-2018 | 06:50:26
Andersen Global has continued its expansion in Africa through a collaboration agreement with Oliveira & Associados, a law firm based in Angola, founded by Formosa Oliveira in 2016.
Angola and Zambia sign visa waiver agreement
17-08-2018 | 06:16:52
The Angolan and Zambian have held a launch of the visa-free agreement in ordinary passports, in a simultaneous act in both countries.
Angola, South Korea discuss bilateral collaboration
15-08-2018 | 07:31:00
South Korea has expressed interest in a new era of cooperation with Angola in the face of the current political reforms underway in the two nations.
Angola business owners graduate with UNCTAD entrepreneurship training
10-08-2018 | 06:20:44
Business owners in Angola from such sectors as aquaculture, information technology and education were among the first graduates of a new UNCTAD-run entrepreneurship training programme.
[Angola] Total begins production at the biggest offshore development
01-08-2018 | 09:13:40
Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32, 260 kilometers off the coast of Luanda.
Angola champions cooperation of Portuguese speaking countries
19-07-2018 | 05:59:16
The President of the Republic of Angola, João Lourenço, has defended a realistic cooperation plan in the Community of Portuguese Speaking Countries (CPLP).
[Angola] Total awards TechnipFMC equipment construction contract
17-07-2018 | 08:48:00
UK based energy company TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters.
[South Africa] UWP Consulting mulls expanding to Angola
13-07-2018 | 06:05:00
A Gauteng civil and structural consulting engineering company is looking forward to expanding its customer base when they participate in the Trade and Investment Mission to Angola.
Provia Auto launches in 10 countries across Southern African region
12-07-2018 | 13:48:03
ProVia, the safety-focused and reliable budget parts aftermarket brand for commercial vehicle braking systems has announced its launch in 10 countries across the Southern African region.
Angola commits to navy modernization through tech
11-07-2018 | 09:11:07
Angola has expressed commitment to train and upgrade its Navy (MGA) in order to ensure defense of national interest in territorial water.
Eni announces new oil discovery offshore Angola
02-07-2018 | 12:58:31
Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 million barrels of light oil in place.
Angola eyes cleaner, greener economic growth
29-06-2018 | 13:25:00
The breakneck economic growth that Angola enjoyed following the end to decades of civil conflict in 2002 came to a sudden stop when the price of oil crashed in 2014.
Kenya risk reward score among the highest in Sub Saharan Africa, index
21-06-2018 | 11:18:19
Zimbabwe, Egypt and Ghana are the leaders when comparing their September 2017 risk-reward score with the score from June 2018, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics.
GE hits 100th power plant milestone in Sub-Saharan Africa
20-06-2018 | 13:34:00
At the forefront of innovation and technology in energy while collaborating with power producers across the region, GE Power has announced that it has reached its 100th power plant installation in Sub-Saharan Africa.
Angola project begins work on greening country's trade
18-06-2018 | 13:00:00
UNCTAD is running a workshop in Angola with government officials, business managers and industry representatives to identify economic sectors that could help soften Angola's dependence on oil exports.
Angola to set up identity card production and control centre
15-06-2018 | 06:08:00
A National Identity Card Production and Control Center, with a daily capacity of 19,600 documents, will be built in the country's capital by March 2019.
Angola: The road to economic reform
14-06-2018 | 06:14:45
The dramatic drop in oil prices that started in mid-2014 substantially reduced tax revenues and exports, with growth coming to a halt and inflation accelerating sharply.
[Angola] Emirates increases Luanda- Dubai flights to five a week
13-06-2018 | 08:18:00
Emirates has announced it will reinstate two weekly flights between Luanda and Dubai, increasing capacity to five flights per week between the two cities, starting from 1 July 2018.
Angola mulls buying two aircraft to boost maritime surveillance
06-06-2018 | 08:24:00
Angola will buy two aircrafts to airlift troops and conduct maritime surveillance, announced the Angolan Head of State João Lourenço.
Angola gearing up for third mobile phone operator
05-06-2018 | 13:04:00
The country's mobile telephony sector will become more competed, with the entry of a third operator in the market.
Angola receives $2billion financing support from Afreximbank
29-05-2018 | 10:53:00
The African Export-Import Bank is arranging up to $2 billion in financing support to Angola, Bank President Dr. Benedict Oramah has said.
Nestlé announces reorganization in Sub-Saharan Africa
29-05-2018 | 10:20:00
Today Nestlé announces a reorganization in Sub-Saharan Africa. These changes will ensure its Sub-Saharan Africa business continues on a healthy growth path, delivering affordable nutrition to as wide a population as possible.
[Africa Tech Week] Linking frontier technologies with infrastructure for sustainable development
17-05-2018 | 08:56:00
Frontier technologies are converging through the increasing use of digital platforms to produce new combinatory technologies, accelerating the pace of change across multiple sectors.
Angola looks to services trade for more sustainable growth
15-05-2018 | 13:43:00
Representatives from Angola have joined international experts in Geneva, Switzerland to explore the dynamics of trade in services, and consider new ways to harness services trade for more sustainable growth.
Network Airline Management renews Boeing 747-400 freighter lease with TAAG Angola Airlines
14-05-2018 | 11:03:45
Network Airline Management and TAAG Angola Airlines, the national airline of Angola, have renewed their long-term freighter aircraft contract.
Angola Cables announces completion of 10,000 kilometers Monet submarine cable system
11-05-2018 | 06:52:36
Telecommunication company Angola Cables together with Algar Telecom, Antel and Alphabet, Inc. have announced the completion of the 10,556 km Monet Cable System.
Angola set to export coffee to US after a 40-year hiatus
03-05-2018 | 12:11:00
Cazengo Coffee has announced the return of coffee from Angola to US, marking the first US import of Angolan coffee in over 40 years.
Angola accepts Russian offer to build AngoSat-2
26-04-2018 | 10:57:00
Angola has accepted the offer of Russia’s Roscosmos to build Angola’s second satellite, AngoSat-2
Angola accepts Russian offer to build AngoSat-2
26-04-2018 | 08:22:00
Angola has accepted the offer of Russia’s Roscosmos to build Angola’s second satellite, AngoSat-2, Jornal de Angola reported, citing Minister of Telecommunications and Information Technology Jose Carvalho Da Rocha.
Angola's partnership with National Geographic Society to bolster tourism
24-04-2018 | 08:29:58
Angola and the National Geographic Society are preparing to sign, in the short term, a cooperation protocol in the biodiversity conservation segment.
Tango renews Oena mining license in South Africa for nine years, terminates Txapemba agreement in Angola
17-04-2018 | 09:35:00
Tango Mining Limited has announced that its subsidiary, African Star Minerals Limited, has received confirmation from the Department of Mineral Resources, Republic of South Africa.
EU, UNCTAD kick start $6.9 million project to help Angola diversify its trade
16-04-2018 | 09:04:00
The European Union and UNCTAD have launched a four-year, $6.9m project aimed at helping Angola diversify its economy and reduce its dependence on oil, which accounts for a whopping 93% of total merchandise exports.
Eni and Sonangol start oil production in Ochigufu field, offshore Angola
19-03-2018 | 14:11:16
Eni and Sonangol have started oil production from the Ochigufu project, in Block 15/06 of Angola’s deep offshore.
Angola set to acquire aircraft to monitor exclusive economic zone
15-03-2018 | 13:02:07
Angola will buy three C-295 maritime patrol aircraft to ensure monitoring and surveillance missions at maritime space and in particular the Exclusive Economic Zone
African Development Bank approves $100 million trade finance facility in Angola
12-03-2018 | 07:41:00
The Board of Directors of the African Development Bank has approved a US $100-million Trade Finance Line of Credit to Angola’s Investment Bank,Banco Angolano de Investimentos, BAI.
Angola embraces the enhanced security brought by EMV card payments with PURE solution
05-03-2018 | 18:10:45
Gemalto, the world leader in digital security, is supplying EMIS (Empresa Interbaricária de Serviços), Angola's domestic payments processor, with a PURE white label payment solution that will enable swift migration to the enhanced security of the EMV 'Chip and PIN' standard.
Angola Cables targets US customers with upgraded network
23-02-2018 | 06:15:00
Angola Cables, an Angolan telecommunications multinational has announced that U.S.-based, FiberLight, LLC will provide backhaul connectivity in the U.S., starting with the Miami, Florida region.
Angola exempts tourism visas to Botswana, Mauritius, Seychelles and Zimbabwe
22-02-2018 | 06:04:00
Angola has exempted tourism visas to stay up to 30 days per entry and 90 days a year to four African countries and one Asia nation, based on the principle of diplomatic reciprocity.
[Angola] Banco Postal picks Fiorano software to drive digital transformation agenda
08-02-2018 | 13:07:00
Banco Postal Angola has successfully implemented a platform that tackles integration challenges in its digital transformation journey.
Angola Investment Fund mulls performance-based forgivable loans for entrepreneurs and small businesses
31-01-2018 | 06:32:00
The Angola Investment Fund (AIF) Board of Directors are investigating similar programs that could offer entrepreneurs and small business in Angola a performance-based forgivable loan options when they are looking to grow.
Angola's Aenergy joins Afreximbank shareholding
30-01-2018 | 06:57:00
The African Export-Import Bank has announced the coming on board of Angola-based pan-African conglomerate Aenergy as a shareholder, following its successful subscription to Class “B” shares of the African multilateral trade finance bank.
Offshore installation of Angola-Brazil cable nears completion
25-01-2018 | 08:43:00
The installation of the first direct link between Africa and South Americas nearing completion. The wet-plant installation is progressing in accordance to the plan and the cables will arrive in Brazil at the beginning of February 2018.
Sonangol Interview Discusses Enhanced Production in Angola
16-01-2018 | 11:31:00
With production decline a common challenge to offshore production in mature fields globally, operators in West Africa are taking advantage of innovative technical developments
South African Airways enters codeshare agreement with TAAG Angola Airlines
11-01-2018 | 12:17:57
South African Airways (SAA) has announced a code-share agreement with TAAG Angola Airlines.
Russia launches telecoms satellite for Angola
29-12-2017 | 14:50:00
Russia on Tuesday launched a rocket carrying Angosat-1, the first national telecoms satellite for Angola, from its Baikonur space pad, with rare use of a rocket from Ukraine despite collapsed ties between the two nations.
[Angola] Sonangol and Cobalt announce $500 million oil dispute settlement
20-12-2017 | 07:00:00
The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola, Sonangol, and Cobalt International Energy have signed an agreement to resolve all disputes and transition Cobalt’s interests in Blocks 20 and 21 offshore Angola.
Angola Cables and WACREN collaborate to expand connectivity among West and Central African research & education institutions
20-12-2017 | 06:00:00
Angola Cables has announced an agreement with the West and Central African Research and Education Network, the regional research and education network that facilitates interconnections between national RENs in West and Central Africa.
Angola to build $2 billion fertilizer factory with two million tonnes annual production capacity
07-12-2017 | 06:25:36
The President and CEO of the Dannish group Haldor Topsoe has announced the construction of a factory in Soyo municipality, Zaire province with the capacity to produce two million tons of fertilizer per year.
Eni becomes operator of Cabinda North, strengthens presence in upstream, downstream, trading and renewable sectors in Angola
28-11-2017 | 09:30:00
Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino have signed an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48% the block’s rights.
South Africa and Angola to renew economic links to boost trade
28-11-2017 | 06:40:55
The Acting Chief Executive Officer of Trade Investment Africa at the Department of Trade and Industry, Ms Lerato Mataboge says it is vital for South Africa and Angola to renew and strengthen their economic partnership.
Angola Cables collaborates with Microsoft to drive digital transformation in Africa
02-11-2017 | 14:08:00
Angola Cables announced today that it has become a Microsoft ExpressRoute partner to meet the needs of Africa-based organisations migrating business applications and IT infrastructures to the cloud.
Investment funds already a reality in Angola
31-10-2017 | 06:50:41
Investment funds are already available for investment in Angola. They are an excellent savings alternative instrument for the national market.
Wartsila set to supply generating equipment to help meet Angola’s electricity needs
17-10-2017 | 09:20:12
The technology group Wärtsilä has signed a framework supply contract to supply the generating equipment for three new power plant projects being implemented in Angola.
Global leader in online gaming selects Angonix, Africa’s third largest IXP
16-10-2017 | 07:08:05
Angonix, Angola’s largest Internet Exchange Point, has welcomed i3D.net as its first remote peering customer.
[Angola] Angonix now third largest Internet Exchange Point in Africa
16-08-2017 | 12:24:28
In just two years, Angonix, an Internet Exchange Point (IXP) based in Luanda Angola, has grown exponentially to become the third largest African IXP.
New Angolan beverage plant approved for development
15-08-2017 | 09:02:00
A company, Grupo Sun Ocean Lda., formed by Sun Ocean Holdings Ltd., and QG African Infrastructure 1 LP has received formal approval from UTIP (Technical Unit for Private Investment) in Angola.
Angola Cables announces watershed moment for African Internet
11-08-2017 | 07:18:40
Angola Cables has taken a step closer to completion of the South Atlantic Cable System (SACS) at an official launch in Sangano, Angola.
Installation of first direct subsea link between Africa and South America begins in Angola
09-08-2017 | 08:56:07
Angola Cables today took a step closer to completion of the South Atlantic Cable System at an official launch in Sangano, Angola. SACS is the first direct link between Africa and South America.
TAAG Angola Airlines partners with Discover the World for marketing representation in France, Germany and Russia
26-07-2017 | 13:30:00
TAAG-Angola Airlines, Angola's national carrier, has recently launched a new partnership with Discover the World for sales and marketing representation in France, Germany and Russia.
Angola Cables breaks ground for its Brazilian data centre
11-07-2017 | 05:27:32
Multinational telecommunications company, Angola Cables has announced that construction had begun on its South American data centre, located in Fortaleza, Brazil.
Safaricom takes M-Pesa to Nigeria, Angola
13-06-2017 | 08:23:00
Safaricom Ltd may expand its popular mobile-banking service M-Pesa into countries such as Nigeria and Angola, as East Africa’s biggest company grapples with regulatory scrutiny in its home market of Kenya.
Angola to Explore Business Opportunities in Agriculture, Dairy, Meat, Oil and Gas and Mining - Report
09-06-2017 | 12:37:00
Angola is one of the fastest growing and most promising economies in Africa. Angola's high GDP growth is driven by high international oil prices.
[Angola] Movicel picks Sparkle to protect network and grow revenue
30-05-2017 | 05:26:00
The international service arm of TIM Group, Sparkle has been selected by Movicel Angola for its SMS network protection and revenues maximization.
Angola Airlines and Network Airline Management renew aircraft contract
24-05-2017 | 13:30:27
Network Airline Management and TAAG Angola Airlines, the national airline of Angola have renewed long-term freighter aircraft contract, which seals their ongoing partnership.
GE announces order with AE Energia to bring fast, digital power to Angola
02-05-2017 | 11:28:00
GE today announced an order from AE Energia for fast, digital power in Angola. The order includes seven TM2500 mobile aeroderivative gas turbine generator sets, services agreements and digital solutions for PRODEL, the state-owned company responsible for power production.
New drilling initiatives in Nigeria, Ghana, Angola, and Cote d'Ivoire to drive the $190.25 billion industry, study
27-04-2017 | 14:32:00
The global offshore drilling rigs market is poised to grow at a Compound annual growth rate of around10.2 per cent over the next decade to reach approximately $190.25 billion by 2025