Angola raises US$1.95 billion from diamond sales in 2022
Angola has raised US$1.95 billion (1.7 billion euros) from exporting some 8.75 million carats of diamonds in 2022, the Ministry for Mineral Resources, Oil and […]
Business
United States, South Africa to strengthen cooperation against poaching
South Africa and the United States will form a joint unit to track financial flows generated by wildlife poaching, U.S. Treasury Secretary Janet Yellen announced […]
Inflation in Mozambique slows to 8.9% by end of 2023
“We anticipate that inflation will gradually slow down to 8.9% by the end of 2023 year-on-year, which will provide room for the Bank of Mozambique […]
Ethiopian Airlines partners with MailAmericas to launche E-commerce services
Ethiopian Airlines Group (ET) has partnered with MailAmericas (MA), a private postal operator and gold member of the consultive committee for the Universal Postal Union, […]
The privatization of Angola’s airport management company begins in last quarter of 2023
The privatization process of Angola’s Sociedade Gestora de Aeroportos (SGA) will begin in the last quarter of this year, after “consolidating the accounts and the […]
China and Angola pledge to strengthen cooperation in celebration of 40 years of diplomatic relations
The President of China, Xi Jinping, and the President of Angola, João Lourenço, yesterday marked the 40th anniversary of diplomatic relations, highlighting the advantages for […]
Inflation in Cape Verde would exceed 12% with no measures to address the war in Ukraine
Cape Verde’s Deputy Prime Minister, Olavo Correia, said yesterday in parliament that inflation in the country could reach 12% if no measures were taken to […]
China’s new foreign minister begins 2023 with first trip to Africa
China’s new Foreign Minister Qin Gang is starting his term in office with a weeklong trip to five African countries, following in the footsteps of […]
Angolan industrialists in favor of reducing fuel subsidies
The president of the Industrial Association of Angola (AIA) was in favor of withdrawing state subsidies for fuel, considering that it is necessary to correct […]
Mozambican government announces installation of new cashew plant in July
The government of Gaza province in southern Mozambique announced the construction of a new cashew nut processing plant in July, the installation of which is […]