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Angola

Angola to create National Employment Fund that already has 44.3 ME available this year

May 31, 2023 Steven Addamah 0

The government approved the creation of the National Employment Fund in Angola (Funea), which already has 25 billion kwanzas (44.3 million euros) available for this […]

Cape Verdean government seeks strategic partnership with Angola

May 26, 2023 Geraldine Boechat 0

The Deputy Prime Minister of Cape Verde, Olavo Correia, defended Thursday the development of a “strategic partnership” with Angola, in order to boost economic relations […]

BNA makes available a bond portfolio worth US$ 350 million at a rate of 5.90%

May 24, 2023 Steven Addamah 0

The National Bank of Angola (BNA) placed on the market Treasury Bonds worth US$350 million, to be purchased in kwanzas, with an annual interest rate […]

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 […]

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