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Angola

Angola and Portugal sign territorial cohesion protocol

June 12, 2023 Steven Addamah 0

Angola and Portugal will sign this Monday, June 12, in Luanda, a cooperation protocol in the field of territorial cohesion, as part of the new […]

Angolan Government admits reduction of IRT to compensate for end of fuel subsidy

June 8, 2023 Steven Addamah 0

The Angolan government is studying the possibility of reducing the Labor Income Tax (IRT) to cope with the withdrawal of the fuel subsidy, whose gradual […]

Portugal wants to contribute to diversification of Angolan economy

June 5, 2023 Geraldine Boechat 0

The Prime Minister of Portugal, António Luís Santos da Costa, said his second official visit to Angola “will be marked by the signing of the […]

The Opec+ reaches an uneasy agreement on a production cut

June 5, 2023 Steven Addamah 0

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 […]

EU validates eight proposals from Angolan institutions under the Dialogue Facility

June 2, 2023 Steven Addamah 0

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

June 2, 2023 Geraldine Boechat 0

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

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 […]

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