Portuguese banking union finances 66ME water project in Angola’s Hula
A Portuguese banking syndicate will finance the construction of a water dam in the Angolan province of Huila, worth around 66 million euros, according to […]
Angola
Portuguese Mecwide completes 42.5 ME gas plant in Angola
Mecwide has completed its largest ever project in Angola, a Sonangol gas reception and distribution unit in Zaire province, worth 42.5 million euros, the metalworking […]
Angolan national Agency approves operators for 12 oil blocks
The Angolan National Oil, Gas, and Biofuels Agency (ANPG) announced on Monday January 22 that nine companies, both domestic and foreign, have been qualified as […]
Angola asks Gabon for explanations after incident involving ECCAS president
Angola has asked the President-in-Office of ECCAS and President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, to intervene in the case of the invasion of […]
National Bank of Angola imposes sanctions of 1.1 ME on Angolan financial institutions
The National Bank of Angola (BNA) has announced that sanctions worth 1 billion kwanzas (1.1 million euros) will be imposed on banking and non-banking financial […]
Government approves 5% civil service salary increase
This Wednesday, January 17, the Angolan government approved a 5% increase in the basic salary of the civil service as of this month, as part […]
Angolan President approves 110 ME in funding to restore M’Banza Congo’s heritage
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
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
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
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 […]