Angola – Page 4

CPLP entrepreneurs call for free movement within the community of countries

14 November 2018

The Business Confederation of the Community of Portuguese Speaking Countries (CE-CPLP) hopes that during the Cape Verdean presidency of the organszation the issue of mobility will be overcome, said Jorge Spencer Lima, the outgoing vice president.

Permanent Office of Forum Macau visits four Portuguese-speaking countries

14 November 2018

A delegation from the Permanent Office of Forum Macau is due on 17 November to end a tour to Mozambique, Angola, Portugal and São Tomé and Príncipe, the support office said.

Angola’s parliament approves proposed law on coercive repatriation of assets

14 November 2018

The draft law on forced repatriation and extended loss of assets, which establishes the procedures for the loss of assets to the state, was generally approved on Tuesday by the Angolan parliament, the local press reported.

Angola’s fishing plan costs US$475 million

14 November 2018

The plan to manage fisheries and aquaculture in Angola will cost US$475 million, the director of the Office of Studies, Planning and Statistics of the Ministry of Fisheries and the Sea said in Luanda.

Angola increases salt production four-fold to 440,000 tons

14 November 2018

Angola is expected to increase its salt production four-fold to 440,000 tons over the next five years, the Angolan minister of Fisheries and the Sea, Victória de Barros Neto, said on Tuesday in Luanda.

Construction of Angola’s Cabinda Refinery, awarded to United Shine consortium

12 November 2018

The construction of the Cabinda Refinery was awarded to the United Shine consortium in partnership with Angola's national oil and gas company, Sonangol, the state-owned company said in a statement on Friday.

Governor of the Central Bank of Angola forecasts mergers in commercial banking

12 November 2018

Measures introduced to adjust the minimum capital and equity of Angola's financial institutions ordered in March to be completed by 31 December should lead to mergers and acquisitions in the system, according to the governor of the National Bank of Angola.

Oil pipeline between Zambia and Angola to cost an estimated US$5 billion

9 November 2018

The construction of a pipeline between Zambia and Angola will cost the Zambian authorities an estimated US$5 billion, Angola's minister of Mineral Resources and Oil said in Luanda.

UK announces funds to support projects in Angola

9 November 2018

The United Kingdom has 750 million pounds to support projects in Angola, Baroness Lindsay Northover, sent by the British prime minister, said in Luanda on the first day of her official three-day visit.

Sonangol and ENI group agree expansion of oil block in Angola

8 November 2018

An additional area of 400 square kilometers was added to oil block 15/06 in Angola under an addendum to the joint exploration contract signed on Wednesday in Luanda by Sonangol) and Italian group ENI.

Angola’s President makes three-day official visit to Portugal

7 November 2018

The Angolan President, João Lourenço, is due to make a three-day official visit to Portugal from 22 to 24 November, said the Civil House of the Presidency of the Republic.

Angola to have reinsurance company within six months

6 November 2018

Angola's National Reinsurance Company (AngoRe) is expected to start operating within six months, as the necessary conditions have been met, said the president of the Angolan Agency for Insurance Regulation and Supervision (Arseg).

Zambia wants to be linked by oil pipeline to the Lobito Refinery in Angola

6 November 2018

A memorandum of understanding on oil and gas signed by Angola and Zambia could result in the construction of an oil pipeline between the two countries, costing an estimated US$5 billion, Angolan news agency Angop reported.

Mozambique wants to export sugar to Angola

6 November 2018

Exports of sugar produced in Mozambique to Angola is one of the main issues due to be discussed by technical teams from both countries, said the Mozambican Minister of Foreign Affairs and Cooperation.

Angola and Cabo Verde to have air links once again by the end of this year

5 November 2018

The Angola-Cabo Verde (Cape Verde) air link will be resumed later this year, with only a few technical adjustments left to organise, the Angolan Transport Minister said recently.

Discussion of Angola’s budget for 2019 to begin on 14 November

5 November 2018

Members of the Angolan parliament are due on 14 November to begin their discussion of the General State Budget (OGE) proposal for 2019, according to a decision by the meeting of leaders of the parliamentary groups.

Insurance premiums in Angola up 13.6% in 2017

5 November 2018

The value of insurance premiums charged by insurance companies operating in Angola totalled 116.397 billion kwanzas (US$380.2 million), according to figures released at the 3rd Insurance Forum "Reinsurance and Co-insurance."

Angolan government submits draft bill for 2019 state budget

1 November 2018

The draft State Budget BIll (OGE) for Angola of 2019 on Wednesday was handed over to the National Assembly, the Angolan parliament, the local press reported.

Angola spends US$100 billion on infrastructure between 2002 and 2015

1 November 2018

The Angolan government spent about US$100 billion on infrastructure construction between 2002 and 2015, the Economy and Planning minister said on Tuesday in Luanda.

Angola is expected to grow at an average rate of 3.0% between 2018 and 2022

31 October 2018

Angola's economy is expected to record annual average growth of 3% in real terms, according to forecasts included in the National Development Plan (PDN) for 2018/2022, said the Minister of State for Economic and Social Development.

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