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Angola, Brazil and Mozambique among the 30 countries most affected by tuberculosis in 2021

Angola, Brazil, and Mozambique are on the list of 30 countries with more cases of tuberculosis in 2021, according to a report released today...

Sonangol and TAAG count toward Angola’s public debt

According to Presidential Decree "254/22" of October 24, only these two public companies, Sonangol-EP, the state-owned oil company, and TAAG-EP, Angola's airline, were chosen...

China open to apply zero-tariff to 98% of Angolan exports

China proposed to the Angolan State to apply a zero-tariff scheme to 98% of Angolan goods exported to the Chinese market. Angolan-Chinese bilateral trade was...

Chinese company wants to reduce drinking water shortages in Luanda, Angola

In a statement released Monday, a subsidiary of CEEC, the Guangxi Hydroelectric Construction Bureau Co Ltd, said it had signed a contract with the...

Profits of Angolan banks rise 295% in 2021

The net profits of the Angolan banking sector rose 295 percent in 2021 to AOA 592.4 billion (US$1.3 billion), with Banco Económico (BE) recovering...

Angola grew 4% this year but slows to 1.8% in 2023

On October 23, the consulting firm Fitch Solutions upgraded Angola's growth estimate from 3.5% to 4% this year but forecasted economic expansion to slow...

Fitch Solutions forecasts Angolan kwanza to fall from 451 to 470 this year and 499 per dollar in 2023

The consultancy Fitch Solutions forecasts that Angola's national currency will counter the trend of appreciation against the dollar and fall from 451 to 470...

African Development Bank has lent US$3 billion to Angola and wants to fund the private sector

The Abidjan, Ivory Coast-based African Development Bank (ADB) has invested about US$3 billion in the public sector in Angola, of which one-third is in...

Angolan stock exchange launches financing segment for small companies for their capitalisation

The Angolan Debt and Securities Exchange (Bodiva) today launched a new segment to finance small and medium enterprises, called "SME's Segment", by issuing debt...

Angolan company announces auction of 43 unique diamonds including a pink one

The National Diamond Trading Company of Angola (SODIAM-EP) will auction 43 unique diamond stones, including a 170.20-carat pink diamond, with viewing sessions taking place...

Half of students in rural Angola have dropped out of school due to Covid-19

Almost 50% of Angolan students in rural areas and approximately 15% of urban students did not return to school after covid-19, the Minister of...

National Bank of Angola warns of illegal activity by three payment companies

The National Bank of Angola (BNA) has warned three companies illegally carrying out financial activities - Elite Service, Kwanza Net, and Big Bizness -...

Angolan rapper Prodígio creates center to support young talents

The space Prodigia-te, in the Prenda neighborhood, one of the most traditional of Luanda, where Osvaldo Moniz, better known as "Prodígio", grew up, is...

Angolan Banco Económico is fully privatized and increases its capital by EUR 636 million

Angolan bank Banco Económico (formerly BESA) is now wholly owned by the Económico - Private Subscription Venture Capital Fund, composed of the largest depositors,...

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