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São Tomé and Príncipe with no foreign exchange to buy essential goods on the international market

November 1, 2022 Steven Addamah 0

The government of Sao Tome and Principe says the net international reserve at the archipelago’s central bank is below the minimum required, i.e., it is […]

Angola devalues nationalization of Chinese stake in Catoca and highlights cooperation with China

October 28, 2022 Geraldine Boechat 0

The Angolan government yesterday devalued the nationalization of the share held by the Chinese LL International Holding BV (LLI) in the Catoca mine, the largest […]

S. Africa’s coal export to EU soared by 582.7% during 2022

October 27, 2022 Khalid Al Mouahidi 0

As the world scrambles to secure energy supplies, South Africa has once again emerged as one of the leading exporters, as its coal exports to […]

Angola: government reaffirms promise to build surface metro in Luanda

October 26, 2022 Geraldine Boechat 0

The Angolan government Tuesday promised to materialize the interconnection of the Luanda and Benguela railways, aiming to connect the eastern part of the country and […]

Angolan company announces auction of 43 special diamond stones including a pink one

October 21, 2022 Geraldine Boechat 0

Empresa Nacional de Comercialização de Diamantes de Angola (SODIAM-EP) will auction 43 special diamond stones, including a 170.20-carat pink diamond, with viewing sessions taking place […]

Ghanaian shopkeepers close stores in face of record inflation

October 20, 2022 Khalid Al Mouahidi 0

Shopkeepers in Accra, the capital of Ghana, closed stores Wednesday as part of a three-day protest against the soaring cost of living exacerbated since the […]

Ethiopia blocks the import of “non-essential” products

October 17, 2022 Steven Addamah 0

The Ethiopian government has banned banks from providing foreign currency to importers of some 40 products, including vehicles and alcohol, preventing them from being imported […]

Textang II wants to conquer the market with Angolan fabrics and expects to invoice 30 ME in 2023

October 17, 2022 Geraldine Boechat 0

Moving at a fast pace since it was reprivatized in 2021, Textang II textile factory aims to conquer the Angolan market with national fabrics and […]

Nigeria, Saudi Arabia Sign MoUs to Boost Trade, Investment

October 8, 2022 Khalid Al Mouahidi 0

Nigeria and Saudi Arabia have signed two memoranda of understanding aimed at boosting trade and investment as well as enhancing cooperation in the field of […]

TAAG announces strike action for October 07, 08 and 09

October 7, 2022 Geraldine Boechat 0

The Angolan state airline TAAG communicated on social networks that it has “a strike announced for October 07, 08 and 09″. We apologize, we have […]

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