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Angola
24 July 2024
China-Lusophone Countries Business Gathering Kicks Off in Luanda With Macau Delegation
A delegation of 40 entrepreneurs organised by Macau´s Commerce and Investment Promotion Institute (IPIM) will attend the Entrepreneurs Meeting for Commercial and Economic Cooperation between China and Portuguese-speaking Countries, starting today in Luanda.
19 July 2024
Chinese Yard to Build USD 6 billion FPSO for TotalEnergies Project in Angola
Italian contractor Saipem has awarded Chinese shipyard Merchants Heavy Industry (CMHI) a significant contract to deliver a floating production, storage and offloading (FPSO) vessel for TotalEnergies’ USD 6 billion Kaminho project offshore Angola.
18 July 2024
Angola Hosts Business Meeting Between Portuguese-speaking countries and China
Angola will host a meeting this month bringing together businesspeople from the Portuguese-speaking community, China and Macau to identify business opportunities, the president of the Angolan Chamber of Commerce and Industry (CCIA) announced.
16 July 2024
Mota-Engil and Chinese Consortium Vie for Management of Angola’s New Airport
Two proposals to manage Angola’s new Dr António Agostinho Neto International Airport (AIAAN) have been announced, including one from Mota-Engil and another from a Chinese consortium.
15 July 2024
China Looking to Fund New Projects in Angola as Agriculture and Industry Ventures Take Off
China's ambassador to Angola, Zhang Bin, reinforced China's commitment to economic and business cooperation with Angola, in a meeting with President João Lourenço, while new investments are being launched in agriculture and industry.
12 July 2024
Angolan Banks’ Net Profit More than Doubled in 2023
The combined net profit of Angola's 21 banks more than doubled to AKZ 818.165 million (USD 987 million) in 2023, with the sector's total solvency ratio improving from 28.4% in 2022 to 30.3% last year, according to a report by financial consultancy Eaglestone.
11 July 2024
China Boosts Strategic Investments in Africa’s Oil, Tech, and Renewable Energy
China's interest in supporting strategic investments in multiple countries in Africa, including Angola, continues to grow, according to investment platform Energy Capital and Power.
05 July 2024
Angola Telecom to Increase Mobile Coverage With Huawei
Angola Telecom and Huawei have signed a Memorandum of Understanding, which will enable the two companies to lay the foundations for increasing mobile coverage in Angola.
02 July 2024
Angola’s Expects More Strategic Investments from China With New Protection Arrangements
The Agreement on the Promotion and Mutual Protection of Investment between China and Angola, which came into effect Saturday, will enhance Angola's ability to attract strategic investments from China, according to an Angolan official.
26 June 2024
Chinese-funded Aluminum Industrial Park Adds to Angola’s Economic Diversification
A Chinese-invested industrial park in Angola, with an initial investment of USD 250 million, is expected to create a comprehensive aluminum industry chain, boosting the national industry and aiding economic diversification.
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