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Angolahub

Angola starts publicising public tender for new oil concessions

3 September 2019
The Angolan National Oil, Gas and Biofuel Agency (ANPG) is due on Tuesday, in Luanda, to start disclosing the details of the international public tender for oil blocks in the sea basins of Benguela and Namibe provinces for the 2019/2025 period.

Chinese companies interested in Angola privatisation programme

2 September 2019
Chinese companies have expressed interest in buying industrial units included in the Angolan government's recently announced privatisation programme, said China's ambassador to Angola, Gong Tao.

Toyota group considers construction of car assembly line in Angola

2 September 2019
Japanese group Toyota Tsusho Corp estimates US$200 million in funding will be needed to set up a Toyota car assembly line in Angola, Japanese multinational vice president Hideki Yanase said in Tokyo on Friday.

Public tender for new mining concessions in Angola will be presented on 7 October

2 September 2019
The public tender for the granting of mining rights for prospecting and exploration of mineral resources in Angola will be announced on 7 October, after the round of presentations started on 27 August, in Luanda, according to an official statement.

Angolan oil company Sonangol sells real estate assets in Portugal

30 August 2019
Angolan state oil company Sonangol has begun the process of selling real estate assets in Portugal, the state group said in a statement issued on Thursday in Luanda.

Pleasure boats and private aircraft to start paying tax in Angola

30 August 2019
Pleasure boats and private aircraft in Angola will now be taxed under the Motor Vehicle Tax, which will replace the current circulation tax under a draft bill delivered to parliament, the Angolan press reported.

Japanese bank JBIC discusses project financing with the Angolan government

29 August 2019
A document that will frame bilateral negotiations to fund projects worth US$400 million in Angolan territory was signed on Wednesday in Yokohama between the Angolan government and the Japanese Bank for International Cooperation (JBIC).

Demand for Angolan diamonds is currently higher than supply

29 August 2019
Angola's national diamond trading company, Sodiam announced on Wednesday in Luanda that it has suspended receiving proposals to buy rough diamonds because the demand is higher than the supply.

Angolan government prepares change of legal framework for property taxation

29 August 2019
Property taxation in Angola is undergoing changes with the introduction of a single code aimed at bringing together taxation on ownership and transfers into a single legal instrument, a technician from the General Tax Administration said in Luanda.

Angolan government sells another 23 industrial units in the Luanda-Bengo Special Economic Zone

28 August 2019
A batch of 23 industrial units has been selected for sale in the second phase of privatisation of projects in the Luanda-Bengo Special Economic Zone, according to the Angolan Institute for State Asset Management, IGAPE.

Angola launches a public tender to build a refinery in Zaire province

27 August 2019
The Angolan government plans to launch an international public tender for the construction of the Soyo Refinery in Zaire province, the Ministry of Mineral Resources and Oil said on Monday in a statement issued in Luanda.

New board of Angola Geological Institute plans to attract foreign investors

27 August 2019
Improving the geological information about the country to attract foreign investors is one of the priorities of the new Board of Directors of the Geological Institute of Angola (IGEO), inaugurated on Monday, in Luanda, said the new president of the institution.

Mining concessions in Angola attract more than 60 interested parties attend a presentation in Luanda

27 August 2019
The first presentation of the public tender to grant mining rights in Angola, taking place on Tuesday, in Luanda, received more than 60 expressions of interest, namely from Brazil and South Africa, according to the Ministry of Mineral Resources and Oil.

Angola’s public debt to China down by US$400 million in 15 months

26 August 2019
Angola's public debt to China fell from US$23.2 billion in 2017 to US$22.8 billion at the end of the first quarter of 2019, a reduction of US$400 million, according to a report by the Centre for Scientific Studies and Research (CEIC) of the Catholic University of Angola, due to be presented next Thursday, in Luanda.

Angola expected to have two more years of economic recession in 2019 and 2020

23 August 2019
Angola is expected to see another two years of recession, with rates of -2.2% in 2019 and -1.9% in 2020, according to the latest forecasts from the Economist Intelligence Unit (EIU), released on Thursday.

Angola extends public tender deadline for privatisation of agribusiness enterprises

23 August 2019
The deadline for the submission of bids to the public tender for privatisation of agribusiness enterprises in Angola has been extended from July to September, according to the Angolan state assets institution, Igape.

Privatisation of companies in Angola safeguards jobs and state interests

23 August 2019
The privatisation process of public companies underway in Angola safeguards the jobs and interests of the state, said the the deputy coordinator of the technical group of the Privatisation Programme (ProPriv).

Angolan textile factories return to state ownership

22 August 2019
The former África Têctil factory, managed by Alassola, Indústria Têxtil de Benguela since 2014, on Wednesday returned to Angolan state ownership through the Institute of Public Asset Management (IGAP), the Angolan press reported.

Angola’s Biocom produces 65,000 tonnes of sugar in the first semester

22 August 2019
Angolan bioenergy company Biocom produced 65,000 tonnes of sugar in the first half of the year at its facilities in Cacuso municipality, Malanje province, the company's deputy director-general said on Tuesday.

Angolan airline receives Dash 8 Q400 aircraft from January 2020

22 August 2019
Angolan flagship airline TAAG will receive between January and February 2020 six Dash 8 Q400 aircraft, currently built by Havilland Canada, said the airline's chief executive.
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