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Angolan President approves 110 ME in funding to restore M’Banza Congo’s heritage

January 16, 2024 Geraldine Boechat 0

The Angolan President has approved an agreement worth 100 billion kwanzas (110 million euros) to finance the recovery and conservation of the historical and cultural […]

Universal Church Angola elects new general presbyter

January 15, 2024 Geraldine Boechat 0

The Universal Church of Angola elected a new general presbyter, following on from Alberto Segunda, who already led the “Brazilian” wing of this religious organization, […]

Angolan tax Administration collected 66.1 ME from property tax in 2023

January 11, 2024 Steven Addamah 0

The Angolan General Tax Administration (AGT) collected 60.3 billion kwanzas (66.1 million euros) in 2023 from the collection of Property Tax (IP), estimating a 6% […]

Deutsche Bank finances two Angolan industry and fisheries projects with 71.8 ME

January 9, 2024 Steven Addamah 0

Angolan companies Salinas de Calombolo and Alexabre’s House will benefit from financing totaling 71.8 million euros through a credit line from Deutsche Bank for projects […]

Angolan government plans to raise 10,000 ME to finance 2024 budget deficit

January 5, 2024 Geraldine Boechat 0

The Angolan government plans to raise a total of 10 billion kwanzas (10 billion euros) to cover the deficit in the 2024 General State Budget […]

Angolan President authorizes expenditure of 73 ME for rehabilitation of schools in Luanda

December 29, 2023 Steven Addamah 0

Angolan President João Lourenço has authorized expenditure of 80.9 million dollars (73 million euros) for the rehabilitation, expansion and equipping of eight public schools in […]

Angola starts taxing transfers abroad on January 1, 2024

December 28, 2023 Geraldine Boechat 0

As of January 1st, the 2.5% tax for individuals will apply to all foreign currency transfers abroad, except those for health and education expenses. The […]

Angola expects to raise 2 billion ME in year of implementation of single income tax

December 28, 2023 Geraldine Boechat 0

The Angolan state expects to raise 2 billion kwanzas (2.1 billion euros) in the year of implementation of the Single Tax on Corporate Income (IRPC), […]

Bishops of Angola and São Tomé order that no blessings be given to “irregular couples”

December 27, 2023 Geraldine Boechat 0

The bishops of the Episcopal Conference of Angola and São Tomé (CEAST) have expressed “perplexity” about blessings to “irregular couples” and have determined that they […]

Mozambican police arrest man wanted in Angola for drug trafficking

December 27, 2023 Steven Addamah 0

On Tuesday, Mozambican police arrested a man wanted since 2019 by the Angolan authorities for international drug trafficking, the National Criminal Investigation Service (Sernic) announced […]

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