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Angolahub

Chinese group CITIC opens aluminium profile factory in Angola

22 May 2019
CITIC Alumínio Angola's aluminium profile factory was inaugurated on Tuesday in the Luanda-Bengo Special Economic Zone in Viana, following an investment of US$40 million, the Angolan press reported.

Totsa Total Oil Trading and Trafigura supply fuel to Angola

22 May 2019
Totsa Total Oil Trading and Trafigura will ensure Angola's supply of gasoline and diesel over the next 12 months, Angola's national oil company Sonangol announced in a statement released on Tuesday.

Reduced port commissions and taxes in Angola expected to increase foreign trade

22 May 2019
The halving of the fees charged by the Angolan National Shippers Council should result in increased imports and exports, said the president of the Association of Shipping Agents of Angola.

Angola and Portugal sign cooperation agreement on the sea economy

21 May 2019
Angola and Portugal on Monday in Lisbon signed a memorandum of understanding that includes the establishment of partnerships in areas such as technical-scientific research and fish processing, the local press reported.

Angolan government says it is saving money by reformulating contracts

21 May 2019
The Angolan state is expected to save US$380 million by reformulating contracts for the construction of the Corimba Coastal Road, a project initially budgeted at US$1.3 billion, the construction and public works minister said on Monday in Luanda.

Government of Angola reduces import and export costs at ports

20 May 2019
The commissions charged by the Angolan National Shippers Council (CNC) for services rendered in the maritime-port sub-sector have been reduced by half by a decision of the Angolan government, through an order of the Minister of Transport.

Angola uses French satellites for Earth observation

20 May 2019
Angola will use French Earth observation satellites under a recently signed agreement between the two countries' governments, the Angolan Foreign Minister said on Friday in Paris.

Companies to be privatised in Angola can be paid for with public debt securities

20 May 2019
Buyers of public companies in Angola to be privatised may pay a portion of the value due to the State using public debt securities, according to the Basic Law of Privatisations, quoted by the Angolan press.

Angola’s President approves renegotiation of contracts for Corimba coastal road

20 May 2019
Construction work of the Corimba coastal road will be resumed, independently of the construction companies, Angolan state news agency Angop quoted Angolan President João Lourenço as saying on Saturday in Barra do Kwanza.

Lack of fuels in São Tomé and Príncipe expected to be resolved this week

20 May 2019
The lack of fuel in São Tomé and Príncipe is a problem that may be resolved this week, Prime Minister Jorge Bom Jesus said in an interview with São Tomé and Príncipe's National Radio.

China was Angola’s main trading partner in 2018

17 May 2019
China was the main destination for Angola's exports in 2018, with a share of 60.28%, according to the Yearbook of External Trade Statistics released by the National Statistics Institute (INE) in Luanda.

Angolan government calls on companies to increase oil production

17 May 2019
Angola's minister of mineral resources and oil has called on oil companies operating in the country to cooperate in reversing the current drop in production, the ministry's press service said.

Angola and São Tomé and Príncipe to analyse outstanding debts

17 May 2019
Talks held between delegations from Angola and São Tomé and Príncipe have resulted in an agreement to analyse outstanding debts, the São Tomé government announced on Thursday at the end of a Council of Ministers meeting.

Angola and China plan to increase high-level visits

16 May 2019
Angola and China will intensify high-level visits to strengthen political confidence and relaunch bilateral cooperation in areas such as industry, agriculture, fisheries, mining and education, the country's new ambassador said on Wednesday in Luanda.

Angola’s tourism revenue reaches US$800 million in 2017

16 May 2019
Tourism in Angola provided revenue of US$800 million in 2017, the national director of Hotel Training, Cláudio António, said on Tuesday in Luanda, cited by the local press.

World Bank funds training projects in Angola

16 May 2019
The World Bank will grant a loan of US$1 billion to Angola over six years to develop projects, with a focus on vocational training, the World Bank representative for Angola and São Tomé and Príncipe said on Wednesday in Luanda.

Trade between China and Portuguese-speaking countries increases by 11.62% in the first quarter

15 May 2019
Trade between China and the Portuguese-speaking countries grew 11.62% in the period from January to March 2019 to US$33.696 billion, according to official Chinese figures released by Forum Macau.

ENI Group discovers another 250 million barrels of oil in Angola

15 May 2019
An oil well estimated to contain 250 million barrels of light oil was discovered in block 15/06 in deep waters of the Angolan sea, Italian group ENI said in a statement.

Law firms operating in Angola subject to Industrial Tax

15 May 2019
The new Industrial Tax Code of Angola requires law firms to pay Industrial Tax, in addition to introducing changes to the calculation of tax deductions and benefits, according to the Legis-Palop+TL legal database.

Angola and São Tomé and Príncipe strengthen cooperation guidelines

15 May 2019
Angola and São Tomé and Príncipe have strengthened their broad lines of cooperation in various fields, under a verbal process signed on Tuesday in São Tomé between delegations of the two countries, according to the local press.
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