The Angolan State has generated over 70 billion kwanzas (70 million euros) from privatizing State-owned assets in banking and insurance, according to Finance and Treasury […]
Railway circulation between Bungo stations (Luanda) and Dr. António Agostinho Neto International Airport (AIAAN), begins on November 7th, three days before the date scheduled for […]
Angola will now lead the coordination of activities for the Customs Administrations within the Community of Portuguese-Speaking Countries (CPLP) for a 12-month period. This was […]
De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]
The International Monetary Fund (IMF) forecasts Angola’s economy to grow by 2.4% in 2024 and 2.8% in 2025, both below the regional average. According to […]
Sonangol and the Chinese company QINGHAI LIHAO CLEAN ENERGY signed a Memorandum of Understanding last Friday, October 18, to develop a project within the photovoltaic […]
Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]
Angola’s inflation rate reached 29.93% in September 2024, a sharp increase of 14.92 percentage points compared to the same period in 2023, according to data […]
Angolan President João Lourenço announced on October 15 that Angola has formally requested the return of an additional $1.9 billion from countries including Portugal, Bermuda, […]
The Angolan banking sector remained resilient in the second quarter of 2024 despite facing challenges such as exposure to sovereign risk, increased credit risk, and […]
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