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Economy

  • Sovereign Fund records profits of US $234 million in 2019
    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.

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  • Mon, 08 May 2017 09:15

    ARSEG intends to create norms to stimulate pension funds

    Luanda - The Angolan Agency of Regulation and Supervision of Insurances (ARSEG) intends to set up soon a taskforce that will draft a set of norms in the fiscal domain, with a view to stimulating the activities of pension funds.

  • Thu, 22 Dec 2016 09:01

    Huila: 2017 public investments programme amounted at Akz 56 million

    Lubango - The governor of the southern Huila Province, João Marcelino Tyipinge, last Wednesday in Lubango City said that the Public Investments Programme (PIP) for this province is budgeted at 56 million Angolan kwanzas, for investments in the social, economic and productive sector.

  • Sat, 08 Oct 2016 11:05

    Angola wants mining investment fund

    Luanda - The mining sector is studying the creation of a mining investment fund to support local businesses and therefore development of the sector, said Friday in Luanda the minister of Geology and Mining, Francisco Queiroz.

  • Fri, 22 Apr 2016 10:37

    Sovereign Fund denies involvement in "Panama Papers" revelations

    Luanda - The Angolan Sovereign Fund (FSDEA) has been a victim of groundless accusations published in the ambit of the international investigation process dubbed "Panama Papers", so it finds it necessary to clarify the matter, reads a note from the institution made public last Thursday, in Luanda.

  • Thu, 22 Jan 2015 17:37

    Angolan Risk Capital Asset Fund invests over 3 billion kwanza

    Luanda - At least 3.8 million Kwanzas (USD 38 million) is the amount that the Angolan Risk Capital Asset Fund (FACRA) invested up to now in several economic projects in the country, said Friday in Luanda, the minister of Economy, Abraao Gourgel.

  • Thu, 13 Feb 2014 12:25

    USACC holds press conference on credit line

    Luanda - The Chamber of Commerce of the United States - Angola (USACC) is promoting this Thursday in Luanda a Press conference on the credit line for import and export of goods to and from the USA.

  • Thu, 09 Jan 2014 11:40

    Poverty fight programme budget increased

    Huambo - The budget of the Municipal Integrated Programme of Fight against Poverty in the central Huambo Province for this year has had an increase in the order of 107 percentage, compared to 2013, reported on Wednesday the provincial deputy governor for economic and productive matters, Francisco Fato.

  • Sun, 29 Sep 2013 11:27

    BFA fund distinguished best community programme

    The Social Corporate Fund of the Angolan Foment Bank (BFA) was considered the Best Programme for the Involvement of Community by the Capital Finance International magazine (CFI).