Angola takes over coordination of the CPLP Customs Authority
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 […]
Luanda
Angolan bank with drop in profitability and exposure to sovereign risk
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 […]
Angola to auction 44 special diamonds electronically this month
In its latest auction, Angola’s state-owned diamond trading company, Sodiam, secured $21.6 million (19.3 million euros) from the sale of 46 special stones weighing a […]
President Macron hopes to convince DRC and Rwanda to make peace
French President Emmanuel Macron will meet with the leaders of the Democratic Republic of Congo (DRC) and Rwanda this week in an effort to push […]
Angola’s diamond reserves estimated at over 700 million carats
Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]
Kagame and Tshisekedi Set to Confer on Eastern DRC Crisis
Rwanda’s President Paul Kagame has consented to hold discussions with Democratic Republic of the Congo’s President Felix Tshisekedi regarding the ongoing crisis in Eastern Congo, […]
Isabel dos Santos does not respond to Angolan Justice, trial may begin in March 2024
Businesswoman Isabel dos Santos was summoned to be heard but preferred not to answer the Angolan authorities’ questions, an official source said, adding that the […]
CPLP: Parliamentary Assembly meets in Luanda with Guinea-Bissau on the agenda
The situation in Guinea-Bissau is one of the topics on the agenda at the two-day meeting of the 1st Committee of the Parliamentary Assembly of […]
Angolan tax Administration collected 66.1 ME from property tax in 2023
The Angolan General Tax Administration (AGT) collected 60.3 billion kwanzas (66.1 million euros) in 2023 from the collection of Property Tax (IP), estimating a 6% […]
Angolan President authorizes expenditure of 73 ME for rehabilitation of schools in Luanda
Angolan President João Lourenço has authorized expenditure of 80.9 million dollars (73 million euros) for the rehabilitation, expansion and equipping of eight public schools in […]