Archive for 2015

Minister of Economy – Abrahão Gourgel / Photo: Rosário dos Santos

Private investment in Angola will be faster under the new Private Investment Law, adopted on August 11, said the Minister of Economy Abrahão Gourgel.

Speaking about the new law at a seminar held on August 17 on “Private Investment”, Abrahão Gourgel said the role of the National Private Investment Agency (ANIP) will be transferred to ministries and enabling the private investments process to be done faster as ...

Photo: Rogério Tuti © JAIMAGENS

The Zambian government’s intention to import, in the near future, oil from the Republic of Angola was the main issue discussed on August 10 at the Presidential Palace in Luanda during a meeting between the Angolan Head of State, José Eduardo dos Santos, and the Zambian Deputy Minister at State House, Mulenga Sata.

Addressing the press after the meeting, Mulenga Sata said that his country currently imports oil and oil by products from ...

António Nunes, CEO of Angola Cables / Photo: Pedro Parente

The Angolan telecommunications operator, Angola Cables, has obtained land in Fortaleza, the capital of the Brazilian state of Ceará, to build an undersea fiber optic cable station and a data center for the system that will link Fortaleza (Brazil) to Luanda (Angola).

The official land handover ceremony was held on July 24th in Fortaleza, where the Mayor, Roberto Cláudio, and the CEO of Angola Cables, António Nunes signed ...

Minister of External Relations, Georges Rebelo Pinto Chikoti　　Photo: Pedro Parente

On July 24th, Angolan Minister of Foreign Affairs, Georges Rebelo Pinto Chikoti, attended in Dili, East Timor, the 20th Ordinary Meeting of the Council of Ministers of the Portuguese Speaking Countries Community (CPLP).

The meeting reviewed the activities carried out in the first year under the rotating presidency of the CPLP, which East Timor currently holds. The meeting also reviewed reports from the CPLP’s Executive Secretary, the International ...

Photo: Clemente dos Santos

The Angolan Parliament approved on July 23rd, the Private Investment Law, which aims to adapt the system of tax benefits to the current economic dynamics of the country.
The draft bill, which was presented by the Minister of Economy, Abraão Gourgel, will reduce bureaucracy associated with the entry of investments. The bill establishes the general bases of private investment in Angola and outlines the principles and rules for access to incentives and other ...

Francisco Monteiro Queirós – Minister of Geology and Mining / Photo: Pedro Parente

New mining areas have been discovered in the provinces of Huíla, Huambo, Kuando Kubango, Kwanza Norte and Kwanza Sul, under the geological survey program currently underway in the country, said the Minister of Geology and Mining, Francisco Monteiro Queiróz, adding that during the first phase of the geological survey program some mineral anomalies were identified in the aforesaid provinces which will be thoroughly surveyed ...

The Heads of State of Angola, José Eduardo dos Santos, and of France, François Hollande, expressed a common desire to strengthen the bilateral relations between their two countries at a meeting held in the Angolan Presidential Palace.

Speaking to the press after the meeting, the Angolan President, José Eduardo dos Santos, said that the two sides also expressed interest in exploring ways to better use the opportunities provided by the 1986 General Cooperation Agreement and other specific agreements.

José Eduardo dos Santos ...

Photo: Pedro Parante

At least 12,400Km of the main network of roads has been repaired since 2005, according to the Director -General of the Angola Roads Institute (INEA), António Resende.

Speaking at a workshop on “Works and Their Stages in the Construction Sector”, António Resende said that another 7,800km of roads are currently being repaired leaving remaining just 5,600Km of roads to complete the entire the rehabilitation of the 26,000Km long main road basic network.

António Resende added that ...

PHOTO: CEDIDA

According to Luís Mourão da Silva, CEO of the Electricity Regulatory Institute (IRSE), the National Electrification Program will bring electricity to 86 municipality throughout Angola by 2017.

Speaking at the Conference on Energy Development for the Community of Portuguese Speaking Countries (CPLP), Silva added that by 2025 Angola’s electrification rate will go from the current 33% to 60%.

Under the national Development Plan (PND) for 2013 – 2017, the country’s energy sector has set aside $3.3 billion ...

The Embassy of the Republic Angola in Japan in close cooperation with the Ministry of Economy of the Republic of Angola held in Luanda from March 9 to 11, 2015 the second Angola-Japan Business Forum. This event came as a follow up to the Angola-Japan Business Forum held in Tokyo in September 4, 2013.

The forum featured presentations by top Angolan government officials including the Minister of Economy, Minister of Agriculture, Minister of Transports, Minister of Tourism, Minister of Energy ...