The Opec+ reaches an uneasy agreement on a production cut
An oil production cut is on the way. An agreement was reached by the 23 OPEC+ member States, producers of around 40% of the world’s […]
Angola
EU validates eight proposals from Angolan institutions under the Dialogue Facility
Eight public institutions and the European Union (EU) in Angola signed Thursday agreements worth 300 thousand euros, under the EU-Angola Dialogue Facility project, framed within […]
Angolan Minister rejects external pressure to reduce fuel subsidy
The Angolan Finance Minister on Thursday rejected any external pressure to reduce the subsidy on fuel, a measure that the International Monetary Fund (IMF) had […]
Angola to create National Employment Fund that already has 44.3 ME available this year
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
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%
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
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
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
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
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 […]