Industry
Highlights
Investment of four million guarantees the first auto parts factory in the country
Bengo witnessed the inauguration of the Phaeton Industry factory this Thursday, which will become the first car parts factory in the country. The project represents an initial private investment of four million dollars, guaranteeing 59 jobs,...
The country's oldest hypermarket closes its doors and moves towards mass layoffs
Jumbo, the oldest hypermarket in Angola, announced the "temporary" closure of its commercial activities, which implied the dismissal of workers, announced the executive committee of the national distribution company.
French manager takes over as president of Lobito Atlantic Railway
Lobito Atlantic Railway (LAR), the consortium managing the Lobito Corridor, has a new Chairman of the Board of Directors, Frenchman Nicolas Fournier, the administration of the Port of Lobito announced.