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
October 25, 2022Topic
Angola
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...
October 25, 2022
Portugal defends gradual construction of a true citizenship of the Lusophone Community CPLP
Portuguese Foreign Minister João Gomes Cravinho said today that economic and business cooperation in the Community of Portuguese-Speaking Countries (CPLP)...
October 25, 2022
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...
October 24, 2022
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...
October 24, 2022
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 three billion dollars in the public sector in Angola,
October 21, 2022
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...
October 20, 2022
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...
October 19, 2022
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,
October 19, 2022