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Angola

Portuguese Mecwide completes 42.5 ME gas plant in Angola

January 24, 2024 Geraldine Boechat 0

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

January 24, 2024 Geraldine Boechat 0

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

January 22, 2024 Geraldine Boechat 0

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

January 21, 2024 Geraldine Boechat 0

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

January 18, 2024 Geraldine Boechat 0

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 […]

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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 […]

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