Ver Angola

Industry

Highlights

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Energy

João Lourenço signs a decree that finances a loan of 1.5 billion to Caculo Cabaça

The Government approved financing agreements worth more than two billion euros for water supply infrastructure, hydroelectric use and projects in the field of agriculture.

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Energy

Luanda hosts international conference on renewable energies

The capital will host, on the 5th and 6th of July, an international conference on renewable energies. The international conference “Renewable energy in Angola”, which will take place at the Agostinho Neto Memorial, will present the most recent...

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Energy

Oil sector grows in the 1st quarter for the first time since 2016

Gross Domestic Product grew by 2.6 percent in the first quarter of 2022, compared to the same period last year, with the oil sector having a positive performance, for the first time, since the first quarter of 2016.

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Energy

Chinese project will bring drinking water to 600,000 inhabitants in Cabinda

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Energy

Brent oil price drops 1.13 percent to 114.81 dollars

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Trade

Angola and Namibia resume currency conversion agreement to improve trade

Gon�alo Villaverde:

Trade

Sustained growth of the wine business is the goal of Adega Mayor in Angola

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Raw Materials

Catoca made historic profits of 270 million last year

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Trade

Pepsi-Cola returns to Angola through the hands of the Castel group from July

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Energy

ANPG at the third Israel-Angola Business Forum to mobilize investors

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Industry

The first stone of the fertilizer factory is laid. Project starts in 2026 and will create 1500 jobs

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Industry

InduPlás will produce paper bags. Investment is 500 million kwanzas

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Trade

Shopping Fortaleza has already invested 60 million but plans to expand and will open movie theaters by the end of the year

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Energy

First photovoltaic parks in the country are inaugurated in July

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Raw Materials

First stone laid for construction of the first gold refinery in the country

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Industry

Refriango invests around 29 million in a commercial partnership with Coca-Cola that will create 300 jobs

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Trade

Cross-border transactions may now be paid in national currency

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Industry

President of the Republic launches privatization of 13 more industrial units

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Trade

Kibabo opens store number 30 and has plans to open 10 more by the end of the year

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Industry

Egypt interested in building bus factory in Angola

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Trade

Portuguese wine exports to Angola grow 20 percent since the beginning of the year

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Energy

Government collected more than 900 million dollars in taxes in 2021 with the Angola LNG project

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Trade

More than 60 thousand tons of maize from local producers will be purchased by REA

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Energy

PR authorizes a project worth around 90 million dollars to electrify eight rural areas

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Energy

Standard Bank also forecasts an increase in oil production for the first time since 2015

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