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Angola

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 […]

Angola withdraws from OPEC in disagreement with oil quotas

December 22, 2023 Steven Addamah 0

Angola has decided to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), against a backdrop of disagreement over oil production quotas, deeming it […]

TAAG reinforces fleet with cargo plane and two aircraft

December 22, 2023 Geraldine Boechat 0

TAAG Linhas Aéreas de Angola announced on Thursday that it was reinforcing its fleet with a Boeing 737-800 freighter and two Boeing 737-700 aircraft under […]

British Court freezes 670 million euros controlled by Isabel dos Santos

December 21, 2023 Steven Addamah 0

Judge Robert Bright states that it is “highly desirable that Isabel dos Santos should be obliged to declare her assets, in circumstances where Unitel does […]

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