In 20 years, Angola has risen to be China’s second-biggest African trade partner
In the past two decades, Angola-China trade reached an impressive US$186.6 billion, contributing significantly to both countries' rapid development.
July 31, 2023Topic
angola news
Angolan bank profits to fall by 13.6% in 2022 due to various factors
The net profits of the Angolan banking sector experienced a 13.6% year-on-year drop in 2022, amounting to 367 billion kwanzas...
July 19, 2023
Angolan government introduces “green line” to simplify visa process for investors
The Angolan government is launching a "Green Line" initiative aimed at expediting visas for foreign investors, according to Ivan dos...
July 18, 2023
Portuguese exports to Angola grew almost 60% in 2022
In 2022, trade between Portugal and Angola saw a significant rise, with exports to Angola expanding by nearly 60% to...
July 17, 2023
Gemcorp plans to start up Angola’s Cabinda refinery in 2024
Gemcorp Holdings Limited (GHL) anticipates the first phase of the Cabinda refinery to commence operations in the latter half of...
July 14, 2023
Angola’s central bank maintains key interest rate, adjusts marginal lending rate upward by 0.5 percentage point
The National Bank of Angola (BNA) has decided to keep its basic interest rate unchanged at 17%, while increasing the...
July 14, 2023
Angola’s inflation reaches 11.25% as prices continue to rise
Angola's National Consumer Price Index (IPCN) shows a consistent upward trend, with a year-on-year increase of 0.63 percentage points, bringing...
July 13, 2023
Luanda International Fair sells out exhibition space, attracts 40 companies
The upcoming edition of the Luanda International Fair (Filda) has achieved a significant milestone by selling out its exhibition area...
July 11, 2023
Angola has one of the lowest modern contraceptive prevalence rates in southern Africa
Angola faces significant challenges in terms of family planning and gender equality. With a modern contraceptive prevalence rate of 12.5%,...
July 11, 2023