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Angola’s Angosat-2 satellite to be launched on October 12

The Angolan satellite Angosat-2 will be launched Wednesday, October 12, from the Baikonur aerospace station in Kazakhstan to reduce the digital divide and improve...

Profits of Angolan bank BAI rise 40% in year’s first half

Net profits for Banco Angolano de Investimentos (BAI) rose 41% in the first half to AOA 40 billion (US$91 billion), versus the same period...

Angola and China vow to strengthen cooperation

Angolan President João Lourenço has vowed to strengthen cooperation with China, while the Chinese Ambassador to Angola, Gong Tao, pointed to new investments and...

Angola grew 3.6% in the second quarter and 3.2% in the first half of the year

Angola's Gross Domestic Product (GDP) grew 3.6% in the second quarter compared to the same period in 2021 and accelerated 0.5% compared to the...

Portugal, Angola, and Brazil are the Portuguese-speaking countries most ranked in the Chinese infrastructure index

In general terms, all eight Portuguese-speaking countries moved up in the 2022 'ranking' of the Infrastructure Development Index "One Belt, One Road". Chinese President Xi...

Angola reduces benchmark interest rate by 0.5 points to 19.5%

The central bank of Angola decided today to reduce the reference interest rate from 20% to 19.5%, arguing with the slowdown in inflation and...

China was Angola’s main source of imports by June 2022, ahead of Portugal

According to official data, China was the main source of imports for Portuguese-speaking Angola in the second quarter of 2022, with a share of...

US$2.2 billion traded on Angola’s fledgling capital market through August

A Capital Market Commission official said that transactions on the Angolan capital market totaled 907.33 billion kwanzas (US$2.2 billion) through August, about one-third of...

São Tomé and Príncipe elections: Brazil’s ambassador in Angola leads CPLP observation mission

Brazil's ambassador in Angola, Rafael Vidal, is the leader of the Community of Portuguese Speaking Countries (CPLP) election observation mission to the upcoming legislative...

China-Brazil trade boosts Angolan airline TAAG’s income

Angolan airline TAAG saw revenue in the cargo segment reach US$67 million until August, boosted by charter flights between China and Brazil through Luanda...

People’s freedom is being violated at Angola elections; police intimdate, beat, and arrest

Angolan police today prevented a demonstration that was to begin at the Santa Ana cemetery and arrested three people after the Lusa press agency...

Inflation in Angola below 20% for the first time since April 2020

According to the National Institute of Statistics (INE), the class of food and non-alcoholic beverages contributed the most to the increase in the general...

“Enormous” cooperation with China praised by Angola

The president of the Angolan-Chinese Chamber of Commerce (CAC), Luis Cupenala, has praised what he calls the "enormous" cooperation between Angola and China, saying...

Brazil-Angola bilateral trade expected to grow 21% this year to US$700 million

Rafael Vidal, who was speaking in Luanda as part of the celebrations of the bicentenary of Brazil's independence, noted that the outlook for the...

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