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Finance
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.
Industry
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.
Industry
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.
Trade
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).
Energy
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.
Finance
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.
Agriculture
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.
Technology
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.
Finance
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.
E-commerce
17 May 2022
High-quality products from 23 African countries showcased for Chinese e-commerce
High-quality e-commerce products from 23 African countries were showcased at an Online Shopping Festival hosted by the Chinese Ministry of Commerce.
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