EU Allocates €300,000 to fund collaborative projects with angolan partners
The application period for project funding through the European Union’s Angola initiative will run from November 4, 2024, to February 7, 2025, providing Angolan and […]
Angola
Angola announces arrests for the crime of counterfeiting foreign currency
The Angolan Criminal Investigation Service (SIC) arrested four men, one of whom is Brazilian, for the crime of counterfeiting foreign currency, finding in their possession […]
Angola: Government raised more than 70 million euros from privatizations on the stock exchange
The Angolan State has generated over 70 billion kwanzas (70 million euros) from privatizing State-owned assets in banking and insurance, according to Finance and Treasury […]
Rail connection to Luanda’s new airport begins on November 7
Railway circulation between Bungo stations (Luanda) and Dr. António Agostinho Neto International Airport (AIAAN), begins on November 7th, three days before the date scheduled for […]
Angola takes over coordination of the CPLP Customs Authority
Angola will now lead the coordination of activities for the Customs Administrations within the Community of Portuguese-Speaking Countries (CPLP) for a 12-month period. This was […]
De Beers has identified eight new potential diamond production areas in Angola
De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]
IMF sees Angola growing 2.4% and all PALOP countries record expansion this year
The International Monetary Fund (IMF) forecasts Angola’s economy to grow by 2.4% in 2024 and 2.8% in 2025, both below the regional average. According to […]
Angola plans photovoltaic panel factory
Sonangol and the Chinese company QINGHAI LIHAO CLEAN ENERGY signed a Memorandum of Understanding last Friday, October 18, to develop a project within the photovoltaic […]
Angolan Sodiam raises $13 million from diamond sales
Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]
Inflation rate in Angola stood at 29.93% in September
Angola’s inflation rate reached 29.93% in September 2024, a sharp increase of 14.92 percentage points compared to the same period in 2023, according to data […]