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Angola
18 July 2022

Monetary Authority of Macau enters financial supervision agreement with Banco Nacional de Angola

The Monetary Authority of Macau (AMCM) and the National Bank of Angola (BNA) have entered an agreement in the area of ​​financial supervision.
Angola
13 July 2022
CLBrief_Angola_WEB

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
CLBrief_Angola_WEB

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.
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