IMF approves $3.7bn credit for Angola
09/12/2018The International Monetary Fund (IMF) has approved $3.7 billion credit to Angola, the agency said. IMF, in a statement, said the three-year credit, under the Extended Fund Facility, was aimed.
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Angola mulls liberalizing petroleum products import market
23/11/2018The oil sector will soon liberalize, in its entirety, the market for importing petroleum products into the country to oil companies interested in the business. So far, the market opening.
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Business & Economy
Angola joins gas exporters’ forum
16/11/2018Angola has joined the Gas Exporting Countries Forum (GECF), local media reported Friday. The country was admitted as an observer during the group’s 20th ministerial meeting in Port of Spain,.
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Business & Economy
Angola Cables, Broadband Infraco sign deal to improve internet connectivity in Africa
15/11/2018Multinational telecoms company Angola Cables has signed a Memorandum of Understanding with Broadband Infraco. Broadband Infraco provides extensive regional long-distance network coverage and SADC connectivity. From a South African connectivity.
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Business & Economy
Angola, Total launch $16 billion Atlantic offshore oil platform
10/11/2018Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country’s economy that plunged into crisis following oil price dips in 2014..
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Business & Economy
Eni Pledges Permanent Investment in Angola
09/11/2018The multinational oil company ENI will continue to invest in Angola where it has recorded an increase in production of 50,000 barrels/day in the last 12 months. The company’s CEO,.
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Business & Economy
Angola spent $96 billion on infrastructure in 13 years, data
18/10/2018The 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,.
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Business & Economy
Angola seeks to raise $200 million in income with basket tax
18/10/2018Angola 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. This could be achieved.
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Business & Economy
Huawei Invests U.S.$60 Million in Angola
11/10/2018At least USD 60 million is the amount that was invested in Angola, in the past 20 years, by the Chinese multinational company Huawei, deemed the world’s third greatest producer.
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Business & Economy
Angola and United Arab Emirates strengthen cooperation in defense
11/10/2018Issues related to strengthening bilateral cooperation in the defense field are being addressed between Angola and the United Arab Emirates. The Minister of National Defense, Salviano de Jesus Sequeira, has.
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