Economy

Banco Económico closes only branch in Kwanza-Norte

The financial institution advises customers to go to the bank branch in Malanje, having sent a group of employees from that institution, in ...

Grupo Carrinho wants financing from the USA, and positions itself as a “mirror” for eval...

The Group wants to be at the forefront of evaluating the technical and material conditions of Angolan companies to qualify for financing.

National Treasury provides 300 million dollars to commercial banks

The National Bank of Angola informs that the National Treasury today makes a total of USD 300 million available to the market for commercial...

Lobito Corridor expects to reach annual export capacity of one million tons

The Lobito corridor is expected to reach an annual export capacity allocation of one million tons, through Trafigura, LAR, Ivanhoe Mines and...

PRODESI approved around five thousand projects in five years of operation

The Production Support, Export Diversification and Import Substitution Program (PRODESI) approved 5,725 projects, budgeted at 1,530,049 mill...

Mining sector signs strategic memorandum with multinational De Beers

The predominant companies in the Angolan mining sector, National Mineral Resources Agency (ANRN) Endiama and Sodiam signed this Tuesday, in ...

MINFIN will spend 164 million dollars on construction of new headquarters

This investment comes when the renovation work on the colonial building, which houses the current headquarters, has not yet been completed. ...

Prices of wholesale products register an increase of 6.71%

The Wholesale Price Index (IPG) registered a year-on-year variation of 25.49%, in the period from December 2023, having recorded an increase...

Banco Montepio no longer has any exposure in the Angolan market, after selling its stake...

The Banco Montepio Group, through the company Montepio Holding, the Portuguese bank Montepio, the majority shareholder of Finibanco with 51%...

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...

Cyber attack on BNA leaves Angolan financial system paralyzed

After several cyber attack attempts recorded last year, the National Bank of Angola (BNA) suffered an attack on its system on the 8th of thi...

Owner of Omatapalo and controller of State works with an interest in the business of new...

His name is Luís Nunes, the MPLA's number one in the province of Benguela and the Governor of the same province, and owner of an extensive b...

BNA governor wants expansion of bank branches across the country

The governor of the National Bank of Angola (BNA) Manuel António Dias has instructed commercial banks to expand their services throughout th...

ZEE assumes leadership of the Continental Regional Office of the World Free Zones Organi...

Angola through the Luanda-Bengo Special Economic Zone E.P (ZEE) will sign today, in Luanda, an agreement for the implementation of a regiona...

Southern Credit Bank of Silvestre Tulumba ends the third quarter of 2023 with profits fa...

An institution linked to the nephew of the late MPLA general and politician, Kundi Paihama, was unable to maintain profitability levels in t...

Government of Huila allocates 34.7 million kwanzas in reimbursement for transport and me...

Transport and Goods Operators (OTM) reimbursed 34 million and 700 thousand kwanzas of credit for vans that they received in phases from June...