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Angola
23 March 2022

Legal Update/ Angola: Oil and Gas sector payments under insurance and reinsurance contracts

Angola has reviewd rules for payments under insurance and reinsurance contracts involving operators in the Oil and Gas sector, according to official legal database Legis-PALOP+TL.
Angola
17 March 2022

Asian market to take half of Angolan rare earths mine production

A "key Asian trading house" will take half of the production of the UK facility that will process rare earths from Angola´s Longonjo mine, under a Memorandum of Understanding with mining company Pensana.
Angola
16 March 2022

Legal Update/ Angola: Currency outflow limits to resident and non-resident individuals

Angola has revised rules on currency outflow limits for resident and non-resident individuals, according to official legal database Legis-PALOP+TL.
Angola
14 March 2022

China and Angola “intensifying negotiations on bilateral investment protection agreement”

China and Angola are "intensifying negotiations on a bilateral investment protection agreement", with Chinese companies bidding for major transport infrastructure projects, according to the Chinese diplomat in Angola, Gong Tao. 
Angola
08 March 2022

South Korea´s AKEDA to invest USD 1 billion in shipyard in Angola

South Korea´s AKEDA is set to invest USD 1 billion in a new shipyard in Angola, in partnership with local oil company Sonangol, according to AKEDA executive Chung Si Noo.
Angola
07 March 2022

Legal Update/ Angola: New Fuels Export Rules and Procedures

Angola has revised Regulations of the Fuels Export Rules and Procedures, according to official legal database Legis-PALOP+TL.
Angola
02 March 2022

Chinese lenders imposing more stringent collateral requirements on low-income country borrowers

Chinese lenders are imposing even more stringent collateral requirements on low-income country borrowers than previously known, as they seek to hedge risks from their extensive overseas development finance programme.
Angola
02 March 2022

China remains Africa’s largest trading partner for 12 consecutive years

Total bilateral trade between China and Africa in 2021 reached USD 254.3 billion, up 35.3 percent year on year, according to the latest data released by the General Administration of Customs of China.
Angola
02 March 2022

China Tiesiju Civil Engineering Group with 12 ongoing construction projects in Angola

China Tiesiju Civil Engineering Group (CTCE) has 12 ongoing construction projects in Angola, after delivering a 76-kilometer highway built in the northern mountainous area of Uige.
Angola
28 February 2022

Angola to progressively start to reduce debt to China

Angola is set to progressively start to reduce its debt to China, it´s largest creditor, according to finance minister Vera Daves de Sousa.
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