img

Angolahub

Angola allocates 49 new oil concessions between 2019 and 2025

10 April 2019
The Angolan government will award 49 new oil concessions for exploration, research, development and production of hydrocarbons in the period between 2019 and 2025, under a presidential decree.

Angola’s Sodiba exports beer to China, Portugal and São Tomé and Príncipe

10 April 2019
Angola's Beverage Distribution Company (Sodiba) is exporting Luandina brand beer to some countries in Africa, Asia and Europe, including São Tomé and Príncipe, China and Portugal, according to the company's chief executive.

Agro-industrial projects in Angola to be privatised through public tender

10 April 2019
The launch of the public tender for the privatisation of agro-industrial companies founded in Angola using state funds will take place in April, the Minister of Agriculture and Forestry announced in Luanda.

Angolan central bank may reduce benchmark interest rate again in 2019

10 April 2019
The National Bank of Angola may once again this year lower the country's benchmark interest rate, BNA Rate, after reducing it in January, according to an analysis by the BAI Europe Bank on the performance of the economy in the first quarter.

Angola gathers information on land management in Portugal

9 April 2019
The Angolan government is drawing up a new model of land management, said the minister of Land Administration and State Reform at the end of a meeting with the Portuguese Minister of Internal Affairs.

Chinese-Angolan partnership builds fishing vessels in Angola

9 April 2019
Six purse-seine and trawler fishing vessels have been built since 2017 at the Lobito Velho shipyard, in Angola's Benguela province, as part of the relaunch of the shipbuilding industry in the country, said the managing partner of Plano Inclinado e Estaleiro Lda. - Sopesul.

São Tomé and Príncipe welcomes 300 entrepreneurs to an international meeting in July

8 April 2019
About 300 entrepreneurs are expected to head to São Tomé and Príncipe to attend the 14th business meeting for economic cooperation between China and the Portuguese-speaking countries next July, the organising committee said.

TAAG airline connects Angola to Cabo Verde via São Tomé and Príncipe

8 April 2019
Angolan airline TAAG has resumed flights between Angola and Cabo Verde, with the first flight to be scheduled for 21 April, with a stopover in São Tomé and Príncipe, the delegation of the Angolan company in São Tomé said in a statement.

Alrosa group and Endiama extend cooperation in Angola

8 April 2019
Russia's Alrosa group and Angola's national diamond company Endiama have signed a memorandum of understanding to increase bilateral cooperation, the group said in a statement.

Angola invited to attend Russia-Africa summit

8 April 2019
Russian President Vladimir Putin invited Angola, through its President João Lourenço, to be represented at the first Russia-Africa economic summit, to be held next October in Moscow, the international press reported.

The privatisation of seven companies in Angola attracts more than 60 investors

4 April 2019
The privatisation of seven industrial companies in Angola has already attracted the interest of more than 60 national and international investors, said the chief executive of the Institute of Assets and State Participation Management (IGAPE).

Meetings between the International Monetary Fund and the Angolan government continue in Washington

4 April 2019
Meetings between the mission of the International Monetary Fund (IMF) and the Angolan government will continue in the coming weeks in Washington, United States, the Angolan Finance Ministry said.

Angola’s economy expected to grow by 3.0% in 2020/2021

4 April 2019
Angola's economy is forecast to grow by 3.0% in 2020/2021, the Ministry of Finance estimated, as well as confirming the recession from 2016 to 2018 due to declining oil production.

Angola spends US$8.6 billion over three years on food imports

4 April 2019
Angola has spent US$8.6 billion importing food products over the last three years, of which half was spent buying basic basket products, said the governor of the National Bank of Angola.

Angolan commercial banks forced to grant loans at reduced interest rates

3 April 2019
The commercial banks operating in Angola have to apply an interest rate equal to or lower than 7.5%, compared with the current rate of 26%, to requests for loans to the economy, with a focus on agriculture, according to a notice from the National Bank of Angola.

Fourth telecom operator in Angola to be announced “very soon”

2 April 2019
The winner of the international tender for the fourth telecommunication operator in the Angolan market will be announced "very soon," the Secretary of State for Technologies announced recently in Luanda.

Angolan central bank keeps the benchmark interest rate at 15.75%

2 April 2019
The Monetary Policy Commission of the National Bank of Angola decided to keep the benchmark market rate, the BNA Rate, at 15.75%, according to a central bank statement.

IMF concerned about the high level of Angola’s public debt

1 April 2019
Angola's public debt is "very high," the head of an International Monetary Fund (IMF) mission said in Luanda and could reach 90% of Gross Domestic Product (GDP) by the end of the year.

Privatisation of state-owned enterprises in Angola will be conducted with “transparency and rigor”

1 April 2019
The process of privatisation of about 50 companies that the Angolan government intends to carry out this year will be conducted with "transparency and rigor," the Institute of Management of Assets and State Participations (IGAPE) said.

Angolan bioenergy company exports ethanol to Europe

1 April 2019
Angolan bioenergy company Biocom is for the first time exporting ethanol to Europe, under a contract with a European company that produces ethanol and biofuels, the Angolan company announced.
imgUseful links


Get our latest news

MACAUHUB MACAUHUB
MACAUHUB FRENCH