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Economy

  • Sodiam Launches second five-Lot Diamond Auction
    Wed, 20 Nov 2019 18:31

    Sodiam Launches second five-Lot Diamond Auction

    Luanda - Five lots of diamonds from the mining companies of Catoca and Cuango were launched on Wednesday, in the second auction of sale of "gems" by the Angolan National Diamond Trading Company (Sodiam).

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  • Wed, 20 Nov 2019 18:15

    New contracts boost mining sector

    Luanda - Investment contracts, in a total of five, in diamond-cutting, diamond prospecting and iron exposition were signed on Wednesday by international investors, a step that could contribute to Angola's economy.

  • Wed, 20 Nov 2019 14:07

    Angola's Eurobonds issue exceeds expectations

    Luanda - The international market offer estimated at USD 8.4 billion exceeded the Angola's third Eurobonds issuance expectations set at USD 3 billion.

  • Wed, 20 Nov 2019 12:38

    Minister unveils Usd 19.6 mln power plant in Bocoio

    Bocoio - A power plant with electricity generation capacity of five megawatts was inaugurated by Energy and Water minister, João Baptista Borges on Tuesday in Bocoio municipality, coastal benguela province.

  • Wed, 20 Nov 2019 11:50

    PRODEL's electricity production stands at 90 percent

    Luanda - National Electricity Company (PRODEL) said that its current production capacity is of 5,400 megawatts.

  • Wed, 20 Nov 2019 11:08

    Angola runs international conference and mining exhibition

    Luanda- Angolan and foreign mining firms, experts of the mining sector and policy-makers are attending on Wednesday the first international conference and mining exhibition, in Luanda.

  • Tue, 19 Nov 2019 19:21

    Stabilization program with positive budget balance

    Luanda - Angola recorded, for the first time in four years, a positive budget balance of 2.2 percent of Gross Domestic Product in 2018, as a result of the Macroeconomic Stabilization Program implemented since January last year, said on Tuesday the State Minister for Economic Coordination, Manuel Nunes Júnior.

  • Tue, 19 Nov 2019 16:05

    Angola expects Spain support in diversifying economy

    Luanda - Angola can count on Spain's support in the process of economic diversification and join the list of African countries that export agricultural products.

  • Tue, 19 Nov 2019 15:17

    UNICEF spends USD 250,000 on water forum

    Luanda - The United Nations Children's Fund (UNICEF) spent USD 250,000 on the National Water and Sanitation Forum (Fonas), which is starting to be implemented next year in Angola.