Business & Company

Amazon Web Services plans to invest more than US$1 billion in Africa

Company is committed to expanding its Cloud and Artificial Intelligence services across Africa.

Fernando Teles speaks out against the complete alienation of Portuguese banking to the S...

Banker says he was forced to sell his 57% position in Eurobic because of the partnership with businesswoman Isabel dos Santos.

Businesspeople defend "democratization" in access to cutting-edge technology

Exhibitors and participants at the 4th edition of Angotic defended, during the opening of the Forum, the "democratization of access to cutti...

Three major oil companies interested in buying Galp oil wells in Namibia

Galp attracts interest from larger oil companies in buying an oil well in Namibia, which regardless of climate commitments, will continue to...

Grupo Carrinho in partnership with BMA reinforces the Angolan sugar industry

The Angolan Carrinho Group, in partnership with the German company Braunschweigische Maschinenbauanstalt GmbH (BMA), is leading the construc...

BCI doesn't stop 'laying people' and closes the first half of 2023 with a 17% reduction ...

Since leaving State control in 2021, the bank has adopted a stance of reducing staff, closing branches and coercive collection of credit deb...

Sonangol opens international tender for fuel imports

The National Fuel Society of Angola, E.P, opened the international competition this Wednesday, simplified by material criteria, which aims t...

Tecno enters CAF as the only technology brand to sponsor CAN-2024

The global brand of innovative technologies, TECNO, entered the biggest football party in Africa, the African Cup of Nations (CAN-2024) taki...

Prosefa gives ultimatum to sellers of cigarettes and alcoholic beverages to place tax st...

A notice from PROSEFA, an acronym for the National Program of High Security Tax Stamps, determines that economic agents who sell alcoholic b...

Angolan banks 'forced' to reveal where and how they get the dollars they put up for sale...

The international market is demanding that users of the Bloomberg FXGO tool for currency trading integrate with a new, more demanding platfo...

Angola signs US$6 billion agreement with Canadian company for copper prospecting

According to the terms of the contract, copper prospecting work is to take place in the provinces of Moxico and Cuando Cubango. The memorand...

Grupo Veleiro brings to Angola the largest hotel group in the world, the Hilton Hotel. D...

The partnership provides for the management and branding of a 5-star hotel with 306 rooms that will guarantee 1,900 jobs that should be buil...

DP World disburses 150 million Kwanzas for the renovation of school 1402 in São Pedro da...

With the rehabilitation carried out, the enclosure can now house, according to the note, with better conditions, more than 700 students aged...

African supermarket expects to have a turnover of 30 billion Kz by December

The Africana-Discount Supermarket, located in the municipality of Cacuaco in Luanda-Angola, expects a turnover of 30 billion kwanzas by the ...

Angola receives less and less return on investments made abroad

Dividends from Angolan investments abroad are slow to arrive in the country, with financial flows pointing only to the outflow of money from...

Farm of the Mitreli-Aldeia Nova group in a very critical financial situation

The government farm managed by the Mitreli-Aldeia Nova group, is in a "very critical" financial situation, with a path of "negative results"...