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Angola

Angola: Banco Fomento forecasts inflation reduction to 14% by year’s end

November 14, 2022 Steven Addamah 0

The economic research office of Banco Fomento Angola (BFA) believes that inflation in the country should slow down to 14 or 15% by the end […]

Angola: Teacher who led student demonstration suspended indefinitely

November 10, 2022 Steven Addamah 0

The teacher Diavava Bernardo, who led a demonstration of students against the lack of school desks, in Luanda, about two months ago, has been suspended […]

Angola: Court clerks to go on strike

November 9, 2022 Steven Addamah 0

The judicial officers of Angola will paralyze the courts and the processes from Thursday, 10, in another protest against what they say are the precarious […]

New oil well discovered in Angola’s Block 15

November 8, 2022 Khalid Al Mouahidi 0

A new oil well has been discovered in Block 15, located about 365 kilometers northwest of the coast of Luanda, announced the Angolan government, ExxonMobile […]

Angola receives US$100 million from Lobito corridor concession

November 7, 2022 Geraldine Boechat 0

The Angolan government will receive US$ 100 million (100.4 million euros) in prize money from the signing, in Luanda, of the concession contract for the […]

Angola: government approves Luanda integrated plan budget

November 4, 2022 Geraldine Boechat 0

The Angolan government approved Thursday the Luanda Integrated Intervention Plan (PIIL), which includes 2,786 projects, budgeted at over 12 billion kwanzas (24.5 billion euros), to […]

Angola: TotalEnergies invests $3 billion in oil exploration

November 3, 2022 Geraldine Boechat 0

French oil company TotalEnergies recently made available US$3 billion to be used in projects related to renewable energy in several locations around the country, as […]

Angolan PR congratulates Lula da Silva and wants to “rescue” bilateral relations

November 1, 2022 Steven Addamah 0

The Angolan President, João Lourenço, expressed “warm congratulations” on the election of Lula da Silva, as President of Brazil, considering it a sign of “hope […]

Angola: President authorizes expenditure of 35.2 million Euros for demining services

October 31, 2022 Steven Addamah 0

Angolan President authorized the expenditure of 16.5 billion kwanzas (35.2 million euros) for demining services on access roads and geological and geophysical sampling areas in […]

Angola devalues nationalization of Chinese stake in Catoca and highlights cooperation with China

October 28, 2022 Geraldine Boechat 0

The Angolan government yesterday devalued the nationalization of the share held by the Chinese LL International Holding BV (LLI) in the Catoca mine, the largest […]

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