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Angola
03 July 2020

Portugal´s Government takes Control of Efacec from Isabel do Santos and Looks for New Shareholder
The Portuguese government took control of a stake held by Angolan investor Isabel dos Santos in Efacec Power Solutions as it tries to help the manufacturer find a new shareholder, which could be a Chinese company.
03 July 2020

Chinese Construction Companies to Resume Work in Angola
The Government of Angola has authorized the resumption of works in 13 priority and strategic projects in the Transport sector, including by  Chinese construction companies.
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
24 June 2020

Hong Kong´s Sunshine Industry Gets Concession in Angola to Mine Rare Mineral
Mining company Niobonga is investing USD 100 million to launch, in the second half of 2020, the exploration of niobium, in the Angolan province of Huíla.
27 May 2020

China Supplies Aircraft to Angolan Air Force
The National Air Force of Angola (FANA) has started receiving its new Hongdu K-8W “Karakorum” training/ light attack aircraft, built by AVIC from China. According to an industry expert, FANA will operate a total of 12 such airplanes.
07 May 2020

New “Highly Prospective” Rare Earth Mining Project in Angola
A new "highly prospective" rare earth mining project has opened up in Angola, according to Australian miner Pensana Metals, which has the Angolan Sovereign Wealth Fund as a shareholder.
03 May 2020

Angola´s Easing of State of Emergency Allows For Lulo Diamond Mine to Resume Activity
On 24 April 2020, a new Presidential Decree amended certain restrictions to allow essential industries to return 50% of their employees to the workplace. Among the first to announce return of operations, in a scaled manner, is Lulo diamond mine.
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