Poland provides USD 100 million for sectors of the economy

Signing of a Memorandum of Understanding between the Ministry of Finance and BGK

One hundred million US dollars is the amount made available by the State Development Bank of Poland (BGK) to the Republic of Angola to finance projects in the fisheries, agriculture, transport and other key sectors of the economy.

This is the first financing of this bank to Angola, with a framework for a long-term credit line, whose terms shall be based on the ...

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Angola has 116 thousand km² of the copperbelt

Francisco Queiros, Minister of Geology and Mining / Photo: Joaquina Neto

The Minister of Geology and Mining, Francisco Queiros, said that according to airborne geophysical survey of Angola done under the National Geological Survey Plan (Planageo), the copperbelt of Zambia and DR Congo extends to the Angolan territory by at least 116 thousand square kilometers.

In addition to the copper belt, the minister said that the geological survey carried out within the framework of Planageo enabled ...

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GE invests USD 1 billion in Angola

President José Eduardo dos Santos (right), grants audience to GE Chairman and CEO, Jeffrey Immelt / Photo: Francisco Miudo

One billion US dollars is the amount that is being invested in Angola by the North American business group GE in sectors such as power, transportation, oil, gas and health, announced on Wednesday, in Luanda, the Chairman and CEO of the company, Jeffrey Immelt.

Speaking to the press after an audience granted by the President of the ...

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Angolan government works to facilitate trade

Commerce Minister: Fiel Domingos Constantino / Photo: Clemente

The Angolan government is working to join the Agreement on Trade Facilitation, given its importance for the country’s economic development and the well-being of the people, said Monday the Minister of Commerce, Fiel Domingos Constantino.

According to the minister, at the level of the Ministry of Commerce, a restructuring is under way both in trade legislation and institutional terms, which will improve collaboration between the Ministry, the Central ...

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Japan announces intention in financing agricultural projects

President of the Republic, José Eduardo Dos Santos, receives Japanese Ambassador to Angola / Photo: Pedro Parente

The outgoing Japanese Ambassador to Angola, Kuniaki Ito, on Thursday, December 8, informed the Angolan Head of State, José Eduardo dos Santos, about Japan’s interest in financing agricultural projects in Angola.

Speaking after an audience granted to him by the Angolan Head of State, the Japanese diplomat said that the amount of funding will be decided after projects are ...

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Great Lakes Summit Set for June 14

Photo: LINO GUIMARAES

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Photo: JAIMAGENS

The 6th Summit of Heads of State and Government of the International Conference on Great Lakes Region (ICGLR) will be held on June 14, in Luanda.

This was confirmed on Monday by the Minister of Foreign Affairs, Georges Chikoti, while speaking to the press following a meeting with the Special ...

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Celebrating Angola and Japan Bilateral Ties

As a part of the 40th anniversary celebrations for the establishment of diplomatic relations between Japan and Angola, the Kaposoka Symphony Orchestra and the Soma Children’s Orchestra and Chorus held a concert at the Daiichi Seimei Hall in Tokyo on May 21st, 2016 attended by about 600 guests. The concert was the last of a series of 5 concerts that were held in various cities across Japan.

The Kaposoka Symphony Orchestra arrived in Japan on May 6th for a two ...

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Technical Group Discuss Investment Promotion and Protection Mechanisms

Meeting of the Technical Group for Investment Promotion and Protection / Photo: Rosário dos Santos

Promotion and protection investment mechanisms and double taxation avoidance were discussed on Tuesday at a meeting of the Working Group for the Negotiation of Agreements on Reciprocal Protection of Investments and Double Taxation.

Created by a Presidential Decree, the group is chaired by the Minister of Foreign Affairs. The group’s members include the Ministers of Finance, Economy, Planning, Fisheries, Hotels and Tourism, Commerce, ...

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Fifteen Hectares Devoted to Trial Rice Cultivation

Photo: Valentino Yequenha

Fifteen hectares of land are being used for testing the cultivation of different varieties of rice in the provinces of Huambo and Bié as part of trial project which started in 2013.

Speaking to press, Adão Gonçalves Pinheiro an expert at the Angolan Agricultural Research Institute, said that the government rice cultivation initiative is receiving technical support from the Japan International Cooperation Agency (JICA).

According to Pinheiro, one hundred farmers organized in cooperatives and associations ...

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