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Angola
13 July 2022
Portugal´s Teixeira Duarte and Feel Afrika to invest USD 10M in Luanda hotel
The Teixeira Duarte/Feel Afrika consortium, which won the tender to operate and manage the Talatona Convention Hotel (HCTA), will invest about USD 10 million in the hotel complex.
Angola
12 July 2022
African governments owe three times more debt to private lenders than China
African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research by Debt Justice.
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.
Angola
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.
Angola
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.
Angola
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.
Angola
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).
Angola
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.
Angola
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.
Angola
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.
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