27 December, 2014      21:21 GMT +1 Luanda 26°C
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2014 / 12 / 26
Sale of diamonds earns Angola US$1.2 billion
Diamond production in Angola, until November, earned the country US$1.2 billion, the Angolan minister of Geology and Mining said in Luanda according to Angolan news agency, Angop. Francisco Queirós said that with the current results, the diamond industry was expected to reach almost 100 percent of...
2014 / 12 / 26
Work on the road connecting the city of Chimoio and the border town of Espungabera (Mossurize) in Mozambique’s Manica province will be concluded this year, Mozambican daily newspaper Notícias reported. The rehabilitation of the 240-kilometre road costing US$110 million, by Portuguese company Mot...
2014 / 12 / 19
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) will grant a credit line of US$500 million to the government of Angola, according to an agreement approved by presidential order. The funding from BBVA is earmarked for projects included in the Public Investment Programme in Angola. The order fro...
Spain’s BBVA finances Angolan State with over US$500 million
2014 / 12 / 19
In February Angola will export about 1.86 million barrels of oil per day, the highest amount since January 2010, according to Bloomberg, citing preliminary documents for oil shipments. Oil exports from Angola planned for February will also increase against sales in January values, which total 1.77 ...
2014 / 12 / 19
The Angolan Foreign Affairs minister, Georges Chikoti, and his French counterpart, Laurent Fabius, Thursday in Paris signed an action plan to strengthen the two countries’ bilateral economic partnership and facilitate granting of visas for businesspeople. The documents were signed at the end of t...
2014 / 12 / 19
The African Development Bank (ADB) has signed an agreement with the Government of Angola to grant a loan of US$24.8 million finance private sector projects in the non-oil sector. The agreement, to finance the Project to Strengthen Private Sector Development Capacity was signed by the ADB’s govern...