19 January, 2017      22:19 GMT +1 Luanda
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2017 / 01 / 19
Chinese bank grants loan to Angola for construction of Soyo power plant
The Industrial and Commercial Bank of China will provide a loan of US$837 million for the construction of a combined cycle power plant in Soyo, Angola, an amount equivalent to 85% of the cost, according to a government document. The document quoted by Portuguese news agency Lusa said the agreement ...
News
2017 / 01 / 18
Angola is expected to return to higher economic growth rates higher from this year, after in 2016 it posted growth of just 0.6%, mainly due to the fall in revenues from the sale of oil, according to the latest report from the Economist Intelligence Unit (EIU). In an attempt to project what will hap...
Angola is expected to return to economic growth from 2017
2017 / 01 / 18
Prices in Luanda province increased by 41.95% in 2016, or a rise of 27.68 percentage points over the amount recorded a year earlier, reported the National Statistics Institute (INE) of Angola. INE also said that in Luanda province the consumer price index increased by 2.17% by month (December 2016/...
2017 / 01 / 18
Angola’s Ministry of Finance lacks the financial resources to meet the price increase being demanded from provincial governments for some contractors to restart stalled public works, the Secretary of State for Treasury said on Monday. Some contractors operating in Angola are demanding a review of...
2017 / 01 / 17
The China National Electronics Import & Export Corporation has been hired to provide the technology solution for management of civil and criminal identification in Angola, as well as the issue of registration of birth and identity cards, under a presidential order. The contract, which will cost...
Angola hires Chinese company to build civil registration system
2017 / 01 / 17
Spanish bank CaixaBank will draw up a plan to reduce Banco BPI’s stake in Banco de Fomento Angola, in which it holds a minority stake of 48.1% according to the prospectus of the takeover bid (OPA) launched on the Portuguese bank. In the prospectus published through the Portuguese Securities Marke...



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