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USA: Angolan Development Bank (BDA) confirms “USD 250 million” to boost production funding

Angolan Development Bank (BDA) has announced plans to reinforce the financing to the economy with a credit portfolio of up to USD 250 million...

Port of Luanda: Angola Delivers management of Multi-purpose Terminal of the Port of Luanda to the multinational DP World

The Angolan Government has awarded the concession, for 20 years, of the Multipurpose Terminal of the Port of Luanda to the multinational DP World...

Efacec: Norwegian competitor challenges contest due to connection to Isabel dos Santos

Cambi, a company competing with Efacec in the construction of a biogas plant in Norway, filed complaints due to the fact that the former...

Moody’s: Outlook for African banks to move to 2021 is negative

Moody's agency report points out that, in Angola, economic growth should recover to 2.5% in 2021 after five consecutive years of recession. The credit rating...

Angola: Sonangol authorized to sell positions in Mota-Engil Angola and Sonangalp

Angola approved by presidential decree the privatization of 51% that Sonangol holds in the fuel distribution company in which it is a partner of...

Angola: João Lourenço government determined to end Dubai monopoly

Dubai has been the main destination for Angolan jewelry, with the Dubai Diamond Exchange receiving over 90% of national production. The emirate has no intention...

Angola: Ministry of Finance (MINFIN) is certifying 4,000 debt claims

For the Ministry of Finance (MINFIN), in line with the efforts already made, it is intended to print an even more intense pace of...

Angola: The country needs inclusive economic growth

Armando Manuel, in his first interview as executive director of the World Bank Group, shares challenges by taking the reins and the voice of...

Angola: Isabel dos Santos rejects having received money from UNITEL and puts herself in the condition of creditor

Barely redone from her husband's death, this is the second devastating blow that, in just over a month, the Angolan businesswoman suffers, after that...

England: Unitel opens suit in London to recover debt of more than € 350 million to Isabel dos Santos

The telecommunications company Unitel initiated a lawsuit in London against Unitel International Holdings (UIH), owned by Angolan businesswoman Isabel dos Santos, to recover a...
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