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Finance
04 April 2023
Legal Update/Angola: Foreign exchange operations rules
Angola has updated legislation on foreign exchange operations, for individuals and banks, according to official legal database Legis-PALOP+TL.
Infrastructure
03 April 2023
Angola launches public tender for the concession of Arimba and Lombe Logistics Platforms
Angola´s Ministry of Transport has launched the fourth and fifth limited tender, by prior qualification, for the conception, construction, operation and commercial management concession, for a period of 30 years, of the Arimba and Lombe Logistics Platforms.
Infrastructure
30 March 2023
China National Aero-technology International Engineering Corporation airport project pleases Angola
The new airport project undertaken in Luanda by China National Aero-technology International Engineering Corporation (AVIC-ENG) was commended by Angolan Minister of Transport Ricardo de Abreu.
Trade
22 March 2023
Chinese entrepreneurs open new shopping center in Angola´s Luanda province
Chinese investors African Sunrise Investment Group (ASIG) opened a new shopping center in Cacuaco, Angola´s Luanda province, which will generate approximately 10,000 direct and 30,000 indirect jobs.
Finance
10 March 2023
Stock trading on Angolan stock exchange BODIVA “modest” after two bank IPOs
The Angolan stock market (BODIVA) saw the IPO of minority stakes in two Angolan banks in 2022, but stock trading is still "modest", according to Eaglestone Securities.
Industry
07 March 2023
Legal Update/Angola: Mining sector foreign exchange regime
Angola has updated its foreign exchange regime for to the Mining Sector, according to official legal database Legis-PALOP+TL.
Trade
27 February 2023
Macao government chief expects Macao Forum ministerial conference in 2023 after 4-year postponement
Macao government chief Ho Iat Seng expects the sixth ministerial conference of the Macao Forum, postponed since 2019, to be held this year.
Energy
24 February 2023
Angola among the hardest hit by China´s glut for discounted Russian oil
Angola is among the China´s oil suppliers in Africa and South America hardest by Beijing´s switch to discounted Russian oil, according to data and analytics firm Kpler.
Finance
23 February 2023
Legal Update/Angola: Bank accounts rules for financial institutions
Angola has revised the rules for Banking Financial Institutions, when opening, maintaining, operating and closing bank accounts, according to official legal database Legis-PALOP+TL.
Industry
16 February 2023
Lobito Corridor set to become the world’s most important critical minerals railway
Angola, Zambia, and Democratic Republic of Congo (DRC) have taken major steps to create a trade corridor that could transform how the region’s resources are shipped.
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