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Angola
09 November 2022
Angola’s Caculo Cabaça dam to be completed in October 2026
The Caculo Cabaça dam, in Cambambe, Cuanza-Norte will be completed on schedule in October 2026.
09 November 2022
Mota-Engil to invest USD 450 million in concession for Lobito corridor in Angola
Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC, has signed an agreement for the concession of rail services and logistical support for the Lobito corridor, in Angola.
31 October 2022
Angola looks to China’s experience creating Free Trade Zones
Angola and China have held top-level discussions on the tariff-free exports of agricultural products to the Chinese market, training staff to operate Free Trade Zones and holding a public-private business forum.
26 October 2022
China open to apply zero-tariff to 98% of Angolan exports
China presented a proposal to the Angolan State that aims to apply a zero-tariff to 98% of Angolan goods exported to the Chinese market.
26 October 2022
China´s CEEC to build water distribution station in Angolan capital
China Energy Engineering Corporation (CEEC) is planning to build a distribution station to reduce the shortage of drinking water in the Angolan capital, Luanda.
25 October 2022
Legal Update/Angola: Minimum share capital of Banking Financial Institutions
Angola has revised the minimum share capital of Banking Financial Institutions under the supervision of the National Bank of Angola (BNA), according to official legal database Legis-PALOP+TL.
19 October 2022
Angola´s Sonangol to lead African National Oil Companies Forum at “critical” moment
Angolan national oil company Sonangol has taken the helm of the Forum of the African National Oil Companies within the African Petroleum Producers’ Organization (APPO).
17 October 2022
Angola accelerates plan to repay USD18 billion debt to China
Angola is taking advantage of higher oil prices to accelerate its debt-reduction plans and smooth out repayments to China, its largest creditor.
12 October 2022
Brazil and Portugal economies quicken, other PSCs slow – IMF
The International Monetary Fund raised its 2022 economic growth forecasts for Brazil and Portugal, while lowering those for the majority of African Portuguese-speaking Countries.
07 October 2022
Legal Update/ Angola: Rates applicable to the Securities Market
Angola has established the rates applicable to the Securities Market in Angola, according to official legal database Legis-PALOP+TL.
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