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Angola
26 June 2024

Chinese-funded Aluminum Industrial Park Adds to Angola’s Economic Diversification
A Chinese-invested industrial park in Angola, with an initial investment of USD 250 million, is expected to create a comprehensive aluminum industry chain, boosting the national industry and aiding economic diversification.
25 June 2024

Angola’s First highway to be Built by CRBC
Chinese state company China Road and Bridge Corporation (CRBC) will build Angola's first highway, about 1.400 kilometers long, linking the south to the north of the country, said Angola's Minister of Public Works, Urban Planning and Housing.
24 June 2024

Portuguese and South Korean Companies to Supply 200.000 homes in Angola with Energy
A new partnership between the Portuguese group MCA and South Korean company Samsung will enable the distribution of solar energy at night to more than 200.000 homes in Angola.
24 June 2024

Angolan Minister Calls for Private Chinese Investment in the Energy Sector
Angola's Minister of Energy and Water, João Baptista Borges, appealed in Macau for private Chinese investment in the generation and supply of electricity in the African country.
24 June 2024

Brazil and Angola Top-Ranked Portuguese-Speaking Countries in Chinese Infrastructure Index
Brazil and Angola are the highest ranked Portuguese-speaking countries in the Chinese index for infrastructure construction worldwide, according to a report released during the 15th International Forum on Infrastructure Investment and Construction in Macau.
29 May 2024

Legal update/Angola: Establishment of the Value Added Tax Regime for Natural Gas
Angola has introduced new Value Added Tax (VAT) Regime for gaseous hydrocarbons, according to official legal database Legis-PALOP+TL.
27 May 2024

Chinese Oil Imports from Angola at 10-year low
Once Angola's key customer, Chinese imports of Angolan crude and condensates in April fell to their lowest in over a decade, Kpler data shows.
22 May 2024

Chinese-Supported Hydropower Expansion Project to Create 3,000 Jobs in Angola
The Luachimo Hydropower Station repair and expansion project has been completed in Angola, according to its undertaker China Gezhouba Group Company Ltd., a subsidiary of China Energy Engineering Cooperation.
09 May 2024

Angola to Access Cash Held as Collateral Under China Development Bank Deal
Angola agreed with the China Development Bank, the country’s largest single creditor, to release cash held as collateral for a multibillion-dollar loan, its finance minister told the Financial Times
09 May 2024

Chinese Ambassador Announces New Projects for Angola
China's ambassador to Angola, Zhang Bin, stated on April 30, after an audience with the vice-president of the African country, Esperança da Costa, that his country is promoting new major strategic projects with Angola.
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