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Angola

Angolan lawyers appeal to the Constitutional Court to stop law that “compromises” rights

September 24, 2024 Geraldine Boechat 0

The Angolan Bar Association (OAA) announced on September 23 that it has filed an appeal with the Constitutional Court (TC) seeking a constitutional review of […]

Angola’s diamond reserves estimated at over 700 million carats

September 13, 2024 Geraldine Boechat 0

Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]

Angola received dividends of 6.4 ME in 2023, but paid out 204.8 ME

September 12, 2024 Geraldine Boechat 0

On September 11, Angola’s Finance Minister, Vera Daves de Sousa, highlighted a 197.8% increase in SEP (Public Business Sector) inflows compared to 2022 during the […]

Unemployment in Angola improved 0.2 points in the second quarter to 32.3%

September 12, 2024 Geraldine Boechat 0

The unemployment rate in Angola in the second quarter of this year was 32.3%, an improvement of 0.2 percentage points on the same period last […]

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Angola’s food imports fell by 12.6% in the 2nd quarter of 2024

September 5, 2024 Steven Addamah 0

In the second quarter of 2024, Angola imported food products worth $445.3 million (€403 million), a decrease of 12.6% from the previous quarter and 9.2% […]

Angolan banks’ surplus reserves fell 12% in July

September 3, 2024 Geraldine Boechat 0

In July 2024, surplus reserves in the Angolan banking system dropped by 12.34% to 614.73 billion kwanzas (approximately 606 million euros), primarily due to reliance […]

Angolan government privatizes 15% of UNITEL’s share capital

August 27, 2024 Geraldine Boechat 0

The Angolan government plans to privatize 15% of UNITEL, the country’s largest telecommunications operator, with 2% of these shares reserved specifically for the company’s employees […]

Thirty Elephants Transferred from Namibia to Angolan Reserve Due to drought

August 16, 2024 Steven Addamah 0

Seven elephants were transferred last week from Namibia to the Cuatir nature reserve in southern Angola, due to the severe drought in Namibia, the reserve’s […]

Angola launches $500 million-National Employment Fund

August 8, 2024 Steven Addamah 0

The Angolan government on Tuesday August 6 launched the Angolan National Employment Fund (FUNEA), worth $500 million (€462 million), to create and support public and […]

Angola, Cape Verde sign cooperation agreement on public Administration

August 6, 2024 Steven Addamah 0

Angola and Cape Verde signed a cooperation protocol in Luanda on Monday August 5 on public administration, administrative reform, human resources management, and citizen support […]

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