Angola – Page 4

China funds technology training centre in Angola

20 September 2019

Construction of Huambo province's Integrated Technology Training Centre (Cinfotec) begins in January 2020, the technical support unit for project implementation said on Thursday in the city of Huambo.

Most of Angola’s leading companies will be privatised by 2020

20 September 2019

Most of Angola's leading companies will be sold by 2020 through public tenders, the deputy coordinator of the privatisation programme's technical group said in Luanda on Thursday.

Angolan public debt issued in the 1st half reduced to US$1.36 billion

19 September 2019

The value of government debt securities issued by Angola's Debt Management Unit (UGD) in the first half of 2019 decreased by 25.92% compared with the second half of 2018, the Capital Market Commission (CMC) said.

Production from 2019/2020 agricultural season covers up to 80% of Angola’s food needs

19 September 2019

Expected production for Angola's 2019/2020 agricultural season, which begins in October, is expected to cover 70 to 80% of the country's food needs, said the deputy director-general of the Institute for Agrarian Development.

New oil block concession contracts in Angola include natural gas

18 September 2019

The concession contracts for 10 oil blocks in the Namibe and Benguela basins will allow for the exploration of the natural gas found, a director of Angola's National Oil, Gas and Biofuels Agency (ANPG) said on Tuesday.

Angolan banks publish debtor-name lists

18 September 2019

Two Angolan banks have decided to publish lists of the names of natural and legal persons with outstanding credits in an attempt to solve the problem, the Angolan press reported.

Angolan ambassador to China seeks to attract investors for mining concessions

17 September 2019

The Angolan ambassador to China, João dos Santos, on Monday in Beijing called for investment in mining in his country, as part of the presentation of new concessions.

Angola considers the creation of diamond exchange

17 September 2019

Angola's diamond trading company Sodiam will be replaced by a diamond exchange whose operating model is still being considered, said the Minister of Mineral Resources and Oil.

Angola’s Igape extends deadline for privatisation tender of agro-industrial enterprises

12 September 2019

The deadline for the submission of bids for the purchase of agro-industrial enterprises under privatisation has been extended until 10 October, the Angolan State Asset Management Institute (Igape) has said.

China wants to help Angola’s industrialisation process

11 September 2019

China wants to build vehicle assembly plants, fishing vessel construction sites and recycling centres in Angola to industrialise the country, Ambassador Gong Tao said on Tuesday in Luanda.

Angola focuses on individual solar energy production systems

11 September 2019

Angola plans to install 30,000 individual solar power generation systems and build a solar plant with a capacity of 600 megawatts, the minister of energy and water said on Tuesday in Luanda.

Angola nets US$16 million from the sale of five industrial units

10 September 2019

The Angolan state raised a total of 5.4 billion kwanzas (US$16 million) by selling five industrial units in the Luanda/Bengo Special Economic Zone, according to official information released on Monday in Luanda.

China available to support modernisation of agricultural sector in Angola

9 September 2019

China remains available to support the modernisation of the agricultural sector in Angola, helping the process of economic diversification in the country, the Chinese ambassador to Angola said on Friday in the city of Huambo.

Qatar Airways starts flights to Angola in 2020

9 September 2019

Qatar Airways' inaugural flight to Luanda will take place on 29 March 2020, Angola's Transport Minister Ricardo d'Abreu said on Sunday in Doha.

Angolan government and IMF want to limit public debt to 90% of GDP

9 September 2019

The Government and the International Monetary Fund (IMF) are aiming to limit Angola's government debt to gross domestic product (GDP) ratio to 90%, the budget secretary said in Cape Town.

Privatisations in Angola cover energy and water sector

9 September 2019

The Angolan government is considering the transfer of exploration and management rights of companies in the energy and water sector, the chairman of the State Asset Management Institute (IGAPE) announced this weekend.

Angola may start supplying South Africa with oil and natural gas

6 September 2019

South Africa plans to acquire oil and natural gas extracted in Angola, according to an intention expressed by the South African Minister of Mineral Resources and Energy, Gwede Mathashe, to the Angolan Secretary of State for Geology and Mines, Jânio Corrêa Victor, on Thursday in Perth, Australia, on the sidelines of the "Africa Down Under" conference.

Port of Luanda, Angola orders development plan

6 September 2019

The Port of Luanda has already started to receive proposals from several companies for the public tender launched to draw up a port development plan "that will increase operational capacity," the chairman of the Angolan-owned port management company announced in Luanda.

International Finance Corporation boosts credit line to support Angolan companies

6 September 2019

The World Bank Group's International Finance Corporation (IFC) has increased the US$50 million credit line set up in July 2014 with Angolan bank Banco de Negócios Internacional (BNI) under the Global Financing Programme, BNI said on Wednesday in Luanda.

Angolan government rescinds contracts with Aenergy company

6 September 2019

The Angolan government has rescinded 13 contracts for the electricity sector signed with the Aenergy company for “breach of the principle of good faith and breach of trust” according to a presidential order published in the Diário da República bulletin and quoted by the local press, including Jornal de Angola.

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