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Economy

  • Wed, 15 Jul 2020 13:34

    Atlantic Ventures loses lawsuit against Angolan state

    Luanda - The Arbitral Tribunal of Paris overruled, on Friday, the legal action brought against the Angolan State by Atlantic Ventures, which challenged the revocation of a Presidential Decree authorizing the concession of building the new Dande Port to that company linked to the businesswoman Isabel dos Santos.

  • Wed, 15 Jul 2020 11:43

    Sovereign Fund records profits of US $234 million in 2019

    Luanda - The Sovereign Fund of Angola recorded a profit of US $234 million in 2019, as a result associated with its good performance in the international financial markets, where it has invested more than US $1.7 million.

  • Tue, 14 Jul 2020 14:25

    BPC bank closes branches

    Luanda - The State-owned Savings and Credit Bank (BPC) confirmed Monday the closure of 53 branches in several provinces of the country, as part of restructuring programme of the financial institution.

  • Tue, 14 Jul 2020 12:07

    AIPEX reports 286 private investment proposals

    Luanda - At least 286 private investment proposals have been registered on August 2018 - June 2020, said the Private Investment and Export Promotion Agency (AIPEX), adding that the initiative allows the creation of 19,190 jobs, amongst nationals and foreigners.

  • Mon, 13 Jul 2020 13:22

    Cattle breeders bet on genetic multiplication techniques

    Caála - Angolan cattle breeders have been increasingly betting on animal genetic multiplication techniques developed by the Calenga Commune -based Centre in central Huambo provincial, the head of the center, Alcino Manuel Nunda Sayengue, said on Monday.

  • Sun, 12 Jul 2020 12:48

    Agrarian Fund supports families with Akz 15 billion

    Cuíto - The Agrarian Development Support Fund (FADA) will make available, during this year, Akz 15 billion (Equivalent to US $26.3million) to Peasant families all over the country, announced last Saturday that institution's CEO, Carlos Fernandes.

  • Sat, 11 Jul 2020 13:16

    Angola supports new FAO programme

    Luanda - Angola has expressed its support for the new programme and structure of the United Nations Food and Agriculture Organisation (FAO) aimed at transforming it into a more inclusive, innovative, transparent and dynamic institution.

  • Thu, 09 Jul 2020 10:14

    Vera Daves encourages multilateral partnerships

    Luanda - The minister of Finance, Vera Daves, has considered fruitful the partnership between Angola and multilateral and bilateral institutions, within the framework of the reforms underway in the country to attract private investment.

  • Wed, 08 Jul 2020 14:33

    AGT to hold online auction of 160 lots

    Luanda - The General Tax Administration (AGT) expects to raise 24.9 million Kwanzas, with the first online auction of 160 lots of various goods stored at the Customs Logistic Center, at kilometer 33, in Luanda.