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Angola
11 July 2022
Mota-Engil wins Lobito Corridor concession in Angola
Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC, has been awarded the concession of the Lobito Corridor in Angola, a strategic project for the African country´s authorities.
28 June 2022
Angola’s debt to China drops to USD 21.4 billion
Angola's debt to China fell by USD 351 million in the first quarter, to USD 21.4 billion, according to data from REDD Intelligence.
23 June 2022
China Gezhouba Group Company reaches deal with workers at Angolan hydroelectric project of Caculo Cabaça
Workers at the Angolan hydroelectric project of Caculo Cabaça and the management of the Chinese contractor China Gezhouba Group Company (CGCG) signed a collective agreement to improve working conditions.
20 June 2022
Angola seizes stake in nation’s biggest diamond miner from LLI International (China)
Angola has seized a stake in the nation’s biggest diamond miner, from LLI International, a unit of China Sonangol, that was previously a well-connected Chinese investor in the country.
17 June 2022
Luanda to be ‘key’ in Chinese intercontinental air logistics hubs
Luanda will be 'key' in Chinese a project, involving the Governments of Angola and China, to establish two intercontinental air logistics hubs, according to China Lucky Aviation (CLCA).
13 June 2022
African Development Bank to seek support from China for renewable energy projects in Africa
African Development Bank (AfDB) will seek increased support from China for investments in renewable energy projects in Africa, an official has said.
01 June 2022
Legal Update/ Angola: Banking and Non-Banking Financial Institutions
Angolan authorities have reviewed the minimum regulatory capital and equity applicable to Banking and Non-Banking Financial Institutions (NBFI) linked to currency and credit, according to official legal database Legis-PALOP+TL.
01 June 2022
China among top-3 investors in Angola between 2018-2022
China was one of the top-3 investors in Angola between 2018-2022, according to data from the African country´s investment agency, Aipex.
30 May 2022
Smartphone manufacturer TECNO is the top brand from China in Africa
Smartphone manufacturer TECNO was China´s number one brand on the African continent and ranked among the top 6 brands in Africa for the sixth consecutive year.
18 May 2022
Legal Update/ Angola: Non-Banking Financial Institutions
Angola has revised requirements and procedures for the authorization to set up Non-Banking Financial Institutions linked to currency and credit, according to official legal database Legis-PALOP+TL.
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