Industry
Highlights
Nova Cimor reactivates animal feed production line that has been stopped for more than 20 years
The Nova Cimor factory, located in the municipality of Matala, in the province of Huíla, will restore its animal feed production line, with financing from the Angolan Active Venture Capital Fund (FACRA). This line has been stopped for more than 20...
PetroWorld to open lubricants plant in Angola in 2025, generating almost 20,000 jobs
A lubricants factory, which is an initiative of PetroWorld, an oil company based in Dubai (United Arab Emirates), is scheduled to open in the country early next year, and is estimated to create approximately 20,000 jobs. The future factory will be...
Sonangol will take to court former employees compensated for “opportunism”
Sonangol said it had already compensated workers from closed and privatized service providers, and was considering taking some of them to court for alleged opportunism.
