NEWS

Private investment in Angola will be faster under the new Private Investment Law, adopted on August 11, said the Minister of Economy Abrahão Gourgel. Speaking about the new law at a seminar held on August 17 on “Private Investment”, Abrahão Gourgel said the role of the National Private Investment Agency (ANIP) will be transferred to

The Zambian government’s intention to import, in the near future, oil from the Republic of Angola was the main issue discussed on August 10 at the Presidential Palace in Luanda during a meeting between the Angolan Head of State, José Eduardo dos Santos, and the Zambian Deputy Minister at State House, Mulenga Sata. Addressing the

The Angolan telecommunications operator, Angola Cables, has obtained land in Fortaleza, the capital of the Brazilian state of Ceará, to build an undersea fiber optic cable station and a data center for the system that will link Fortaleza (Brazil) to Luanda (Angola). The official land handover ceremony was held on July 24th in Fortaleza, where

On July 24th, Angolan Minister of Foreign Affairs, Georges Rebelo Pinto Chikoti, attended in Dili, East Timor, the 20th Ordinary Meeting of the Council of Ministers of the Portuguese Speaking Countries Community (CPLP). The meeting reviewed the activities carried out in the first year under the rotating presidency of the CPLP, which East Timor currently

The Angolan Parliament approved on July 23rd, the Private Investment Law, which aims to adapt the system of tax benefits to the current economic dynamics of the country.The draft bill, which was presented by the Minister of Economy, Abraão Gourgel, will reduce bureaucracy associated with the entry of investments. The bill establishes the general bases

New mining areas have been discovered in the provinces of Huíla, Huambo, Kuando Kubango, Kwanza Norte and Kwanza Sul, under the geological survey program currently underway in the country, said the Minister of Geology and Mining, Francisco Monteiro Queiróz, adding that during the first phase of the geological survey program some mineral anomalies were identified

The Heads of State of Angola, José Eduardo dos Santos, and of France, François Hollande, expressed a common desire to strengthen the bilateral relations between their two countries at a meeting held in the Angolan Presidential Palace. Speaking to the press after the meeting, the Angolan President, José Eduardo dos Santos, said that the two

At least 12,400Km of the main network of roads has been repaired since 2005, according to the Director -General of the Angola Roads Institute (INEA), António Resende. Speaking at a workshop on “Works and Their Stages in the Construction Sector”, António Resende said that another 7,800km of roads are currently being repaired leaving remaining just