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Economy

  • Sun, 01 Nov 2020 13:06

    Cooperative invests Akz three million in palm oil production

    Caxito - A project to plant 3,000 palm trees to produce palm oil, valued at around 3 million kwanzas, will be implemented this year by the Sanga cooperative of the village of Mutenda in the municipality of Úcuna, Bengo province, on an area of 5,000 hectares.

  • Sun, 01 Nov 2020 12:10

    TOTAL assumes responsibility for Soyo coast oil spill

    Soyo - The French oil company Total Saturday took the responsibility for the 35 cubic metre crude oil spill that occurred on 22 October in block 32, some 93 miles off the coast of Soyo, Zaire province, during a crude oil loading operation.

  • Sun, 01 Nov 2020 10:07

    Belgians confident of Angolan economic recovery

    Luanda - The Private Investment and Export Promotion Agency (AIPEX) and the Belgium-Africa Chamber of Commerce (CBL-ACP) discussed Friday the business climate in Angola and the steps underway to boost the economy, despite the current context.

  • Sun, 01 Nov 2020 09:41

    Draft General State Budget delivered to Parliament

    Luanda - The General State Budget (OGE) for 2021 was handed to the National Assembly this Friday, providing revenues and expenses of 14.78 billion kwanzas.

  • Sun, 01 Nov 2020 09:19

    CNEF runs financial inclusion surveys

    Luanda - The National Council for Financial Stability (CNEF) promoted, in one year, a survey on the panorama of financial inclusion and exclusion in Luanda's informal markets.

  • Sun, 01 Nov 2020 08:51

    BNA gathers information on impact of Covid-19

    Luanda - The National Bank of Angola (BNA) is collecting, based on a survey, information on the impact of Covid-19 on Small and Medium Enterprises (SMEs).

  • Sun, 01 Nov 2020 08:13

    Cabinda Refinery costs USD 920 million

    Luanda - The Cabinda Refinery construction project costs US$920 million, a joint investment between Sonangol and Gemcorp.

  • Sat, 31 Oct 2020 12:05

    Construction of Cabinda Refinery under public consultation

    Luanda - The project under construction of the Cabinda Refinery, which plans to process 70,000 barrels of crude oil/day, is under public consultation, by specialists from the Ministry of Culture, Tourism and Environment and private individuals, for studies on the assessment of environmental and social impact.

  • Fri, 30 Oct 2020 09:27

    World Bank provides USD 230 million to support commercial agriculture

    Luanda - The World Bank and the French Development Agency make available USD 230 million to support Commercial Agriculture Development Project (PDAC) in Angola.