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Angola

Chinese arrested in Luanda for involvement in drug trafficking and prostitution

May 23, 2023 Steven Addamah 0

The Angolan authorities arrested two Chinese citizens accused of drug trafficking and promoting prostitution, for more than three years, in the province of Luanda, announced […]

Angola needs 926 Billion Euros to implement strategy for the next 27 years

May 23, 2023 Geraldine Boechat 0

Angola needs one billion dollars (926 billion euros) to implement its Long Term Strategy for the next 27 years (ELP-Angola 2050), announced the Minister of […]

National Bank of Angola warns about illegal activity of micro-credit company Estev Edmar

May 19, 2023 Geraldine Boechat 0

The National Bank of Angola (BNA) warned on Thursday the existence of a micro-credit company, Estev Edmar, not qualified for the exercise of financial activities, […]

Angolan tax authorities collected 5.3 thousand ME with VAT implementation since 2019

May 18, 2023 Steven Addamah 0

The General Tax Administration (AGT) has collected three trillion kwanzas (5.3 billion euros) in Value Added Tax (VAT) since its implementation began in 2019, an […]

Guinea-Bissau and Italian oil company Eni sign agreement to boost hydrocarbon exploration

May 18, 2023 Geraldine Boechat 0

Guinea-Bissau and Italian oil company Eni will start a collaboration in the areas of exploration, natural climate solutions, agriculture, sustainability and health, the transalpine company […]

Angolan teachers admit to returning to strike over government’s failure to comply

May 17, 2023 Steven Addamah 0

The Angolan National Teachers Union (Sinprof) is threatening to go back on strike over the government’s failure to apply a 12.5% subsidy, which should have […]

China wants to continue financing Angola and highlights 25% increase in trade

May 16, 2023 Geraldine Boechat 0

The Chinese ambassador to Angola said on Monday that China was available to continue financing infrastructure and investing in the African country, also noting the […]

US court settlement confirms bribes in Angola’s oil sector

May 15, 2023 Geraldine Boechat 0

Dutch company Frank’s International will have to pay the US Treasury US$7.9 million (7.26 million euros) for participating in bribes in Angola between 2008 and […]

National Bank of Angola suffers almost 350 cyber attacks daily

May 11, 2023 Geraldine Boechat 0

The National Bank of Angola (BNA) registers about 350 cyber attacks daily, said on Wednesday, in Luanda, the governor, who stressed that the system has […]

Angola’s Etu Energias wants to produce 50,000 barrels of oil per day by 2025

May 11, 2023 Geraldine Boechat 0

Etu Energias, Angola’s largest private oil company, plans to increase production to 50,000 barrels per day by 2025, following the purchase of blocks from Galp […]

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