Angola
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Citizens unaware of consumer rights
The director of National Institute of Defence of Consumer (INADEC) said Saturday that many citizens are unaware of their rights as consumers. Els... | more
 
Rural commerce promotion reaches inland Huila Province
Lubango - The programme of rural commerce promotion (PPCR) will start to be implemented as from March in various municipalities of southern Huila Prov... | more
 
Executive pays over USD 2.6 billion debts
Luanda – At least USD 2.6 billion is the amount of debt paid by the Angolan State between 2003 and 2010 to domestic and foreign creditors, said&... | more
 
Cabinet Council analyses economic and financial matters
Luanda – The Cabinet Council held this Monday in Luanda its first ordinary session, aimed to debate economic and financial matters. Ang... | more
 
Repair of roads connecting eastern region starts in March
Dundo - The rehabilitation of national roads 180, linking Saurimo (eastern Lunda Sul province) to Dundo (Lunda Norte) and 225, between Xá Muteb... | more
 
Cabinet Council approves accords of Korean Eximbank
Luanda - The Cabinet Council approved on Monday the individual financing accords of Korean Eximbank, aimed to support the construction of the Advanc... | more
 
Uije: More accommodation rooms
Uige - Uije Province will gain 324 new accommodation rooms, fruit of the rehabilitation and construction of six new hotels in the region, says the pro... | more
 
Tourism creates over 70,000 jobs
Luanda – The sector of Hotels and Tourism has generated a total of 73,435 direct jobs in the last three year, Angop learned Friday in Luanda. ... | more
 
FAO and Huíla govt sign cooperation accord on food security
Lubango – FAO and the government of the southern Huíla province signed on Sunday in Lubango city a cooperation agreement on food securi... | more
 
Sonangol confirms existence of oil in Kwanza river basin
The CEO of the public oil company Sonangol, Manuel Vicente, confirmed last Tuesday in Luanda the existence of oil in the Block 21 exploration site, lo... | more
 
Luanda gains new fiscal department headquarters
Angolan minister of Finances, Carlos Alberto Lopes, this Tuesday in Luanda, inaugurated the fourth fiscal headquarters, a division created to face geo... | more
 
Provincial government assesses public investment programme for 2011
 The government of northern Kwanza Norte province is analysing and assessing Monday the implementation of the Public Investment Programme (PIP) f... | more
 
Bank opens first branch in Huambo
Huambo – “Banco Privado Atlântico” bank inaugurated on Tuesday its first branch in the central Huambo province. Angop learn... | more
 
Trade Ministry to invest in training of professionals
Luanda – The Trade Deputy Minister, Archer Mangueira, said this Wednesday in Luanda that his ministry will continue to invest in capacity buildi... | more
 
Progress in LNG project predicts GDP growth in 2012
Luanda - The Angolan oil and gas sector has scored a 75 percent progress in the Liquefied Natural Gas (LNG Angola) project in 2011, which will lead to... | more
 
Land of Future Project to produce 72,000 tonnes of crops
Kibala – At least 72,000 tonnes of cereals and vegetables will be harvested in 2012 in Kibala, central Kwanza Sul province, as a result of inves... | more
 
Nigerian air company starts Luanda flights
Luanda – The Nigerian private air company “Arik Air” made Tuesday its inaugural direct flight between Lagos and Luanda (Angola), fol... | more
 
Agriculture credit campaign expands
The volume of credit provided under the agriculture credit campaign reached over Usd 67.5 million in November this year, benefiting 35,146 small farme... | more
 
Non-oil revenues exceed Akz 23 billion
Lubango – The country's non-oil revenues between January and October this year stood at Akz 23 billion, against the 17 billion predicted by the ... | more
 
Minister of Agriculture works in Benguela
Benguela – Angolan minister of Agriculture, Rural Development and Fisheries, Pedro Canga, started Tuesday a working visit to Benguela province, ... | more
 
New Luanda Marginal Avenue gets paved
Luanda – The works on the six-lane Luanda Marginal Avenue underway since 2009, entered Monday their paving stage, Angop learned Tuesday on the s... | more
 
TAAG and Royal Air Maroc sign agreement
Luanda – Angola Airlines Company (TAAG) and Royal Air Maroc firm signed on Friday night in Luanda a Code-Share agreement, due to the opening of ... | more
 
Millennium Bank open second branch in Uíge
Luanda – The Angolan Millennium Bank is unveiling on Wednesday its second 56th branch in the northern Uíge province. According to a pr... | more
 
Government cover 80 percent of Housing Credit
Luanda - The Government might cover 80 percent of the credit for purchase of houses, through the Housing Foment Fund. This was said Sunday in Luanda b... | more
 
Poor quality builders to be excluded from public contract
Luanda – The minister of Urbanisation and Construction, Fernando Fonseca, Friday in Luanda warned that builders with poor quality works will be ... | more
 
Barra do Dande Port to become one of Africa's biggest
Luanda – The future port of Barra do Dande, in Bengo Province, will be one of the biggest in the African continent, said Saturday in Luanda the ... | more
 
Angolan Airline's EU space ban lifted
Luanda – The Angolan Airline (TAAG) Monday was authorised to resume its flights in the European Union (EU) air space with all its modern fleet o... | more
Transport sector modernises country's airports
Luanda - The Ministry of Transports is implementing rehabilitation and modernisation project for the airports of Catumbela, in Benguela Province, Comm... | more
 
President Dos Santos receives heads of ENI SP and Total ESP
Luanda – The Angolan head of State, José Eduardo dos Santos, Suesday in Luanda received in separate audiences senior officials of the oil... | more
 
Angola escaped paralysis of world economic crisis - Minister
Luanda – The Angolan minister of Finance, Carlos Alberto Lopes, said Tuesday in Luanda that Angola did not reach the level of economic recession... | more
 
FIL holds first fair on transports and logistics
Luanda – Luanda International Fair (FIL) and the Ministry of Transports will hold on 24-27 November the first edition of Expotrans Angola-2011. ... | more
 
African oil reserves reach over 119 billion barrels in 2010
Sumbe – The African oil reserves reached 119.14 billion barrels in 2010, said the deputy Oil minister, José Gualter Inocêncio, ... | more
 
Insurance prizes volume reaches USD 800 million in 2010
Luanda – The volume of insurance prizes in the country has reached to USD 800 million in 2010, if compared to the previous figures of USD 636 mi... | more
 
Minister announces environmental priorities for 2012
Angola’s Minister of Environment, Maria de Fátima Jardim, Monday, 21st., in Luanda said that the fund allocated to her sector for 2012, ... | more
 
Angolan Airline's - EU space ban lifted
 – The Angolan Airline (TAAG) Monday was authorised to resume its flights in the European Union (EU) air space with all its modern fleet of... | more
 
Changes to Electricity Law to boost development
 - Angolan law specialist, Inglês Pinto, said Friday in Luanda that the changes to the Electiricity Law will boost the development of the c... | more
 
Insurance prizes volume reaches USD 800 million in 2010
 The volume of insurance prizes in the country has reached to USD 800 million in 2010, if compared to the previous figures of USD 636 million in ... | more
 
"Trainfortrade" project trains 500 Angolans in four years
 At least 500 Angolans from the transport sector benefited from a four-year training programme in various fields under the "Trainfortrade An... | more
 
Angola escaped paralysis of world economic crisis
 The Angolan Minister of Finance, Carlos Alberto Lopes, said Tuesday in Luanda that Angola did not reach the level of economic recession during t... | more
Endiama invests in reactivation of mining project
The managing board of the Angolan Diamond Comapany (ENDIAMA) presented on Tuesday in Dundo city, eastern Lunda Norte province, to the local executive ... | more
 
State Budget sets aside over Akz billion for business sector
Luanda - The State Budget Draft for 2012 that was approved Tuesday in Luanda at a plenary session of the National Assembly (Angolan Parliament) has se... | more
 
Angola/Argentina imports volume reach USD 200 million
Lubango – The imports volume from Argentina to Angola achieved USD 200 million in the last years, though it is still a modest participation in t... | more
 
Endiama invests in reactivation of mining project
Dundo – The managing board of the Angolan Diamond Comapany (ENDIAMA) presented on Tuesday in Dundo city, eastern Lunda Norte province, to the lo... | more
 
Oil sector contributes 13,4 percent to GDP
Luanda - The minister of Finance, Carlos Lopes, said Tuesday in Luanda that the contribution of the oil sector to the country’s Gross Domestic P... | more
Campaign Agricultural Credit reaches 24.000 farmers
Luanda – At least 24.000 families producers benefited from USD 47 million of Agricultural Credit of Campaign since the launching of loan by the ... | more
 
BAI changes denomination
Luanda – The African Investments Bank (BAI) will now officially be denominated as from this Monday Angolan Investments Bank (BAI), Angop learnt.... | more
 
Geology minister attends diamond summit in China
Luanda – Angolan minister of Geology, Mines and Industry, Joaquim David, is since Friday in Tianjin, eastern China, to attend an International S... | more
 
Company processes diamonds valued at USD 20 million per month
Luanda – The diamond cutting company, Angola Polishing Diamonds SA, has the capacity to process diamonds estimated at USD 20 million per month. ... | more
 
BAI opens branch in Soyo district
Mbanza Kongo – The African Investments Bank (BAI) inaugurated on Wednesday its second branch in Soyo district, northern Zaire province, in the a... | more
 
New pier serves as development booster
Cabinda - The chairperson of the Association of Small and Medium Entrepreneurs of Cabinda (APMECA), Antonio Serrano, on Saturday told ANGOP in this ... | more
 
A message to the investors from the Chairperson
Dear Investor, Angola, with an attractive market of some 20.9 million consumers, is strategically located on the Atlantic coast of West Africa, whe... | more
 
Bank activity reached 11% of population in 2010 - Study
Luanda – Bank-friendliness in Angola reached only 11 percent of the country’s estimated 18 million inhabitants in 2010, despite investment... | more
 
ANIP Board gets new Chairperson
The vice president of the Republic, Fernando da Piedade Dias dos Santos, swore in Luanda, the chairperson of the Board of Directors of the National Ag... | more
 
BPC inaugurates business centre
Luanda – Angolan Saving and Credit Bank (BPC) Friday, here, had inaugurated its Business Centre, to assist companies with financial products and... | more
 
ENSA business portfolio estimated at USD 300 million
Luanda – The business portfolio projections of the national insurance company of Angola (ENSA), for 2011 are estimated at USD 300 million. ... | more
 
Over 300 million barrels of oil produced from January to August
Luanda – About 3.8 million barrels of oil were produced in Angola from January to August 2011, said in Luanda the deputy minister of Oil, An&iac... | more
 
Payment of oil tax to pass through national financial system
Luanda - The chairman of the Angolan National Reserve Bank (BNA), José Massano, explained Wednesday to members of parliament, at the National A... | more
 
Kilamba City apartments go on sale
Luanda - The first 3,180 apartments of the Luanda’s newly built Kilamba City were put up for sale as from Tuesday, following the completion of t... | more
 
New International Airport ready in 2012 - Head of State
Luanda – The Angolan head of State, José Eduardo dos Santos, Tuesday in Luanda announced that the first phase of the construction of the ... | more
 
Business class ready to meet national challenges
Luanda - The national entrepreneurs are able to meet the challenges of the Government, assured the chairperson of the Industrial Association of Angola... | more
 
Governor happy with socio-economic projects in Zambia locality
Sumbe - The governor of the central Kwanza-Sul province, Serafim do Prado, considered as ambitious the socio-economic and industrial projects under im... | more
 
Agricultural campaign to engage 30, 000 families
Caxito – Some 30,000 families are expected to engage in Agricultural campaign for 2011/2012 period in northern Bengo province, said the official... | more
 
BFA expands branch network
Luanda – The Bank of Foment Angola (BFA) opened on 18 and 19 October in Luanda the branches of Benfica Patriota and Zango district increasing ... | more
 
Sonangol projects implanting industries to revitalize the sector
Luanda 10/19/11 – The Angolan oil company (Sonangol) is developing a programme of building manufacturing infrastructures to produce several go... | more
 
Liberalization to increase fuel consumption
Luanda – 10/19/11 The deputy minister of Oil, Anibal Silva said on Wednesday in Luanda that the liberalization of fuel market in the country wil... | more
 
New International Airport ready in 2012
Luanda 10/18/11 – The Angolan head of State, José Eduardo dos Santos, Tuesday in Luanda announced that the first phase of the constructio... | more
 
BPC farming loan campaign reaches USD 44 million
Luanda - The Savings and Credit Bank (BPC) has granted since 2010 at least USD 44 million to small and medium farmers, exceeding the initial USD 30 mi... | more
 
Commercial port in Bengo to be Angola's largest
Luanda - The Angolan Government has approved the building of the country’s largest commercial port in Barra do Dande, Bengo province, recalled T... | more
 
Commercial port in Bengo to be Angola's largest
Luanda 10/18/11 - The Angolan Government has approved the building of the country’s largest commercial port in Barra do Dande, Bengo province, r... | more
Huíla government searches financing in Germany
Luanda – A delegation of Huíla Province government is since last Monday in the Free State of Bavaria, Germany, in search of financing par... | more
 
Mining company to produce three million tons of iron
Luanda - The Angolan firms AMR and Ferrangol will produce, from 2013, about three million tons of iron, said Thursday, in Luanda, the chairperson of t... | more
 
Sonangol Industrial Investments briefs on roadshow
Luanda – The administrator of Sonangol Industrial Investments, Baptista Sumbe, announced on Thursday in Luanda the holding on 19 October in the ... | more
 
Economic zone to create over 10,000 jobs
Luanda - More than ten thousand direct jobs will be created at the Society for Development of Special Economic Zone Luanda-Bengo (ZEE), in Luanda, who... | more
 
President's secretary highlights Government's priorities
Luanda - The secretary for Social Affairs of the president of the Republic, Rosa Pacavira, highlighted Friday in Luanda, the Integrated Rural Developm... | more
Global financial crisis reduces GDP growth to 3%
Luanda - 10/10/11 The effects of the global financial crisis, which also hit Angola from 2009, reduced the average growth rate of Gross Domestic Produ... | more
 
Sonangol creates conditions to guarantee lubricant market
Luanda 10/10/11 – The press director of the Angolan Oil Company (Sonangol), João Rosa Santos, guaranteed on Sunday that his firm will t... | more
 
BPC confirms indication for housing loans
Luanda 10/10/11 - The chairperson of the Administration Council of the Savings and Credit Bank (BPC), Paixão Júnior, confirmed in Luanda... | more
 
Reserve Bank may ease obligatory reserves
Luanda 10/10/11 - The banks involved in the process of housing loans can be relieved in the determination of compulsory reserves at the National Reser... | more
 
New Savings, Credit Bank management sworn in
Luanda 10/10/11 – A new management for the Angolan State-run Savings and Credit Bank (BPC) was sworn in Friday in Luanda at a ceremony presided ... | more
 
Technical agrarian school inaugurated in Kwanza-Sul
Kibala 10/6/11 – Angola's minister of Agriculture, Rural Development and Fisheries, Pedro Afonso Canga, inaugurated on Wednesday a five-room bas... | more
 
Post System sets partnership with private enterprises
Luanda - Angola's National Post-Office Company this year established a public-private partnership accord with the DHL Angolan society, on Thursday her... | more
Keve Bank assets worth USD 500.0 million
Luanda 10/5/11- The assets of the private Keve Bank are estimated at USD 500.0 million. This was said to Angop on Monday in Luanda by the CEO of th... | more
 
Aviculture project guarantees over 1.000 jobs
Ndalatando – At least 464 direct jobs and over 1.000 indirect ones will be created by the integrated family aviculture project, in an initiative... | more
Over 10.000 hectares of land prepared for plantation in Kwanza Sul
Cela - At least 10.989 hectares of land, out of the expected 15.000, were prepared in Cela Municipality, Kwanza-Sul Province, for plantation of produc... | more
 
Angola's economy keeps growing trend
Luanda - The governor of the National Reserve Bank of Angola (BNA), José Massano Thursday, in Luanda, said that the country's economy keeps a g... | more
 
Private sector called to participate in reforestation
Luanda - The private sector was urged to participate in the processes of reforestation, as well as in providing assistance to the government in the im... | more
 
BNA to define basic interest rate
Luanda – The Angolan National Reserve Bank (BNA) Thursday, here, announced that it will define in next October the basic interest rate, which wi... | more
 
Public, private companies managers attend course in USA
Luanda – At least 33 managers of Angolan public and private companies are completing Wednesday in Chicago (USA), an advanced management course s... | more
Investment in industry relevant to economy
Luanda– The manufacturing industry in the country is playing a relevant role in the process of private investment, especially in the non-mining ... | more
 
International mining fair starts Thursday
Luanda – The 3rd edition of the Angolan International Mining Fair (FIMA 2011) is starting on Thursday at 2 p.m at pavilion one and two of FILDA.... | more
 
Minister recommends more investment in engineering
Luanda – The minister of Geology and Mining and Industry, Joaquim Duarte David, Tuesday in Luanda recommended the Angolan universities to invest... | more
ANIP will create technological platform to boost investment
Luanda - The National Agency for Private Investment (ANIP) will create soon a technological investment platform with a view to attracting more nationa... | more
Industrialisation invests in public-private partnership
Luanda – The Angolan secretary of State for Industry, Kiala Gabriel, Tuesday, in Luanda, said that the industrialisation programme being impleme... | more
Private sector contribution leads to more efficient management
Luanda – Public-private partnerships are a relevant business strategy, capable of leading to a more efficient management of businesses and a maj... | more
Social responsibility programmes need community backing
Luanda – Companies must seek the opinion of the communities in designing their social responsibility programmes in order to meet the activities ... | more
Airline awaits green light to resume Mbanza Congo flights
The Angolan Airline (TAAG) is awaiting a notification from the National Institute of Civil Aviation (Inavic) on the state of the Soyo and Mbanza Congo... | more
Official invites Greek businessmen to invest in Angola
Athena– Promotion and Marketing director of the National Agency for Private Investment (ANIP), António Prata invited on Sunday in Thessal... | more
Inter-urban railway traffic between Lobito and Benguela reopens
Benguela – The minister of Transports, Augusto da Silva Tomás, reopened on Monday the railway traffic between the districts of Benguela a... | more
US may invest in Lunda-Norte
Dundo – US may invest in the eastern Lunda-Norte province, due to the economic and cultural potentials of this region. This was said to Angop... | more
Governor defends expansion of oil derivatives
Kuito - The governor of central Bie province, Boavida Neto, Wednesday in Kuito, spoke of the need for oil by-products to be taken to the most remote a... | more
Luanda host annual investment forum
Luanda – Luanda will host on 13-16 September the forum on the investment of Infrastructure Partnerships for African Development (iPAD). The f... | more
Brazil available to contribute to country's development
Luanda - The Brazilian government is available to cooperate with Angola in the social and economic development of this African country, having reitera... | more
Okavango Zambezi conservation project to connect 14 natural zones
Luanda- The project for creation of cross border area of Okavango Zambezi conservation zone (ATFC-KAZA), under the initiative of sustainable develop... | more
BDA, BPC banks agreement involves USD 5 million for rural trade
Luanda – About five million US dollars will be made available by the Angolan Development Bank (BDA) for the Savings and Credit Bank (BPC) for ea... | more
 
Company invests USD 12 million in construction of ceramic plant
Malanje – Twelve million dollars are being invested in Malanje Province, by the business group “Freimar”, in the construction of a c... | more
New cities to reduce housing prices
Luanda – Angolan businessman of the estate sector, Roberto Webba,  said Saturday in Luanda, the construction of the eight new cities in the... | more
Funds to support farming projects available
Luanda – The Angolan Development Bank (BDA) had already made available USD 40 million to support small and medium farming projects, during the f... | more
Bai-Microfinance donates USD 11 million for agriculture credit
Huambo – Bai-Microfinance has made available USD 11 million to finance agricultural projects of local business people that subscribed in the pro... | more
 
Agriculture credit campaign reaches USD 47 million
Agriculture Credit Campaign, reached a volume of granted credit amounted at USD 47 million, Angop learnt Thursday from the Technical Supervising Commi... | more
Shoprite to purchase 80 per cent of Huila's agricultural production
Lubango – Shoprite commercial group intends to purchase 80 per cent of the agricultural production of the southern Huila Province, the general d... | more
Governor exhorts peasants to increase production
Caluquembe – The governor of the southern Huíla province, Isaac dos Anjos, urged on Friday in Calepi commune the local peasants to increa... | more
Congolese Minister praises Angolan investments
Soyo – The Hydrocarbon Minister of Congo Brazzaville, Luemba André Raphael, encouraged on Thursday the Angolan government to continue to ... | more
Luanda to host CPLP and China business meeting
Luanda - Angola will hold on 20-21 July the second businessmen’s meeting of economic and commercial cooperation between China and the Portuguese... | more
Can production factory installed in Luanda
Luanda – A factory with the capacity of producing 750 million cans per year, amounted at USD 160 million, was inaugurated Wednesday, in Luanda... | more
Agrarian staff urged to develop sector - Huíla governor
Lubango – The governor of the southern Huíla province, Isaac dos Anjos, urged on Tuesday the new staff of the Agrarian Development Stat... | more
Cabinda holds workshop on commercial activities law
Cabinda - A seminar on regulations of the law on commercial activities is taking place on Tuesday in the northern Cabinda province. The event is being... | more
Govt may reap AKZ 50 million in revenues
Huambo – The government of the central Huambo province may reap at least AKZ 50 million in 2012 through revenues. This was said to Angop on Tues... | more
Oil Minister calls on DRC for speed in negotiations
Soyo – The Minister of Petroleum, Botelho de Vasconcelos, called on Thursday to the government of the DR Congo (DRC) for speedy in the negotiati... | more
Angola and Congo to explore oil in common areas
Soyo – The Minister of Petroleum, Botelho de Vasconcelos, said on Wednesday in Soyo district in the northern Zaire province that Angola and Co... | more
Italy wants to boost cooperation in fisheries sector
Namibe - Italy wants to boost cooperation with Angola in the fisheries sector through businesspeople of both countries. This was said to Angop on Tu... | more
Owners to be clarified on real estate tax
Luanda – Experts of the National Tax Department (DNI) will as from this month start paying visits to some main properties in Luanda, so as to le... | more
State Secretary checks farming activities in Lunda Norte
Dundo - The Secretary of State for Agriculture, José Amaro Tati is paying on Monday a working visit to the eastern Lunda Norte province, aimed ... | more
Angolan govt committed to eradicate hunger
Rome – The Minister of Agriculture, Rural Development and Fisheries, Afonso Pedro Canga, reaffirmed on Monday in Rome the commitment of the An... | more
Spanish govt releases USD 3.0 million to Angola
Spanish govt releases USD 3.0 million to Angola Luanda) – The Spanish ambassador in Angola, José Maria Castraviejo, said on Monday in L... | more
EU releases over Euro 150 million in projects in Angola
Namibe - Over 150 million euros were released this year by the European Union (EU) to fund projects underway the country. This was said to Angop on Mo... | more
BNA for co-operation in money laundering prevention
Luanda – The director of the financial information department of the National Reserve Bank of Angola (BNA), Francisca de Brito highlighted in Lu... | more
 
Afreximbank chairperson stresses extractive area in social sector
Luanda – The chairman of the African Export and Import Bank (Afreximbank) Jean-Louis Ekra, said Friday in Luanda that the Angolan Government h... | more
Angola wants to be driving force of African development
Luanda – The Trade Minister, Maria Idalina Valente, said on Friday in Luanda that Angola wants to be one of the driving forces in the developm... | more