Angola is attending the 45th Ordinary Meeting of the Committee of Central Bank Governors (CCBG) of the Southern African Development Community (SADC), which will go from September 12th until the 16th. The Angolan delegation is headed by the governor of the National Bank of Angola (BNA), Valter Filipe da Silva and includes directors and other officials from the Bank.

The purpose of the meeting is to discuss the economic transformation of the SADC region countries, analyze macroeconomic policies, the development of trade and investment in the region, payments system, issues related to financial markets, banking supervision as well as information and communication technologies.

On the sidelines of the meeting, the governor of the National Bank of Angola will hold bilateral meetings with his counterparts, including the governor of the Reserve Bank of South Africa, to strengthen ties and address issues related to banking correspondence, as well as hold meetings with the governors of the central banks of Tanzania, Zambia and Namibia.

The CCBG was established in 1995 to address the need for a specialized structure to promote and strengthen cooperation among the SADC central banks. Angola, Botswana, Democratic Republic of Congo, Mauritius, Lesotho, Madagascar, Malawi, Mozambique, Namibia, Swaziland, Seychelles, Tanzania, Zambia and Zimbabwe are members of the CCBG.

Source: ANGOP

A total of six political parties ran in the Angolan general elections held on August 23, namely, the People’s Movement for the Liberation of Angola (MPLA), the National Union for the Total Independence of Angola (UNITA), the National Front for the Liberation of Angola (FNLA), the Social Renewal Party (PRS), the National Patriotic Alliance (APN), as well as the Broad Convergence for the Salvation of Angola – Electoral Coalition (CASA-CE).

The official results, released on Wednesday, September 6, in Luanda by the National Electoral Commission (CNE), declared the MPLA winner with 4,164,157 votes (61.07%). With a qualified majority, the ruling MPLA party managed to get elected its candidates for President and Vice-President of the Republic, João Lourenço and Bornito de Sousa respectively, as well as 150 of the 220 parliamentary seats to the National Assembly.

The party lead by Isaías Samakuva, UNITA, came second in the general elections with 1,818,903 votes (26.67%) representing 51 parliamentary seats. The Casa-CE won 643,961 votes (9.44%) and 16 parliamentary seats.

The PRS garnered 92,222 votes (1.35%) and two parliamentary seats while the FNLA, received 63,658 votes (0.9%) and one parliamentary seat. The APN came in the last position, with 34,976 votes (0.51%), enough only to remain as a political party but not for a seat to the National Assembly.

Source: ANGOP

Angola will host the AfroBasket 2017 from 19 to 30 August, replacing the Republic of Congo, FIBA Africa announced on its website.

The decision comes following the withdrawal of the Republic of Congo, who pointed to logistics issues as the reason for its inability to host Africa’s flagship basketball competition.

The decision on the selection of the new host was made after a meeting in Bamako, Mali between the Angolan Basketall Federation (FAB) and the FIBA Africa board. This is the third time that Angola hosts the event (1989, 1999 and 2007).

The 16 teams competing in the AfroBasket 2017 are: reigning champions Nigeria; Angola; Morocco, Tunisia, Mali, Senegal, Cote d’Ivoire, Cameroon, Democratic Republic of Congo, Egypt, Uganda, Mozambique and South Africa. Guinea and Rwanda, received each a wild card to attend the competition.

An additional wild card will be allocated in order to select the Republic of Congo’s replacement.

Source: ANGOP, FIBA Africa

April 4 marks the 15th anniversary of the signing of the Memorandum of Understanding Complementary to the Lusaka Protocol between the Angolan Government and UNITA, which changed the course of events in the country’s history.

The agreement, signed in 2002 at the Palace of Congress in Luanda and witnessed by the Angolan President, José Eduardo dos Santos, and representatives of the national and international community, symbolized the end of the war, which left thousands of people displaced, mutilated and orphaned.

With the signing of the document, April 4 was decreed as a National Holiday and has became, among Angolans, a historical reference in the struggle of the people, as the date marks a decisive turning point in the political process and development of the Republic of Angola.

The date is also one of the greatest achievements of the Angolan people after the National Independence, on 11 November 1975.

The country now enjoys a just and lasting peace, a particularly important moment in its history, never experienced by the Angolan people, even in the distant past, since the birth of Angola as an independent and sovereign State.

It is a just peace because it was achieved not by the imposition of external forces but rather by the result of the efforts by Angolans who understood that there was a need to stop hostilities and to begin the process of completing the remaining tasks of the Lusaka Protocol, aimed at the establishment of peace and the ensuing reconciliation and reconstruction of the country.

For the first time a protocol, aimed at peace, was signed on the national territory, without any external mediation. This peace corresponds to the most legitimate interests of the Angolan people.

It is a lasting peace because it is being and must be consolidated in the daily lives of Angolans, through practical actions and attitudes, all of which must contribute to the irreversibility of this process.

It is the will of the Angolan people that all the factors of the past be removed, in order to build a united, solidary and mature homeland, guided by values such as national unity, democracy, freedom, social justice and respect for human rights.

With peace achieved, the Angolan people face new challenges. It is necessary to continue making efforts to consolidate peace by developing a set of actions to combat hunger and poverty.

Tolerance and respect for differences in opinion and party affiliation should also be promoted, as well as encourage the patriotic feeling of the population, especially among children and young people, and strengthen the institutions of the Democratic Rule of Law as an indispensable premise for a firm start towards the harmonious growth of the country.

As the President of the Republic, José Eduardo dos Santos said “those who truly love Peace must know how to forgive, to reconcile with their neighbors, thus contributing to a true and solid unity among Angolans, without prejudice to the differences that each can express.”

Today Angola has achieved its place in the context of the nations, at the political, economic and sports level.

Source: ANGOP

Cooperation in the military, naval and education sectors between the Republics of Angola and Korea gained momentum on 31 March with the signing in Luanda of a memorandum of understanding by delegations of the two countries.

The document signed for Angola by the State Secretary for Defense Policy, Gaspar Santos Rufino and for South Korea by the Vice Minister of Defense Minister, In Moo Hwang, also includes the exchange of official visits.

Speaking at the opening of the official talks, Gaspar Rufino highlighted South Korea’s technological capability and experience in the military and defense industry. He called for the deepening and the strengthening of cooperation between the two countries. He said that there is interest from South Korea in supporting Angola, if requested, in other branches of the Angolan Armed Forces, such as the Army and the Air Force.

South Korea’s Vice Defense Minister In Moo Hwang stressed the “good climate” of friendship and cooperation between the two countries, since 1995, when South Korea contributed peacekeeping troops to Angola. He anticipates that in the African context, Angola will establish itself as a great country. “It is in peace and has economic potential.” In Moo Hwang defended the development of friendship and cooperation ties with reciprocal advantages.

South Korea’s main investments in Angola are farm projects in Lucala, Cuanza Norte province, cotton farming in Sumbe, Cuanza Sul province and the Defense and Police Security Strengthening project.

Source: ANGOP

Angola is Norway’s main economic partner in Africa, because of the partnerships established in the oil and trade sector, said in Luanda on Wednesday, Tone Skogen, Norway’s State Secretary for Foreign Affairs.

Tone Skogen, who had a meeting with the Angolan Minister of Economy, Abrahão Gourgel, during her two-day working visit to Angola, said that the current partnership could be expanded to other economic areas, such as fisheries and renewable energy, particularly, to the hydropower sector. Angola is one of the importers of Norwegian cod.

Although optimistic about the possibility of further strengthening the economic partnership with Angola, Tone Skogen pointed out that there are some challenges that need to be resolved to expand the cooperation between the two countries.

Some of these challenges, according to Tone Skogen, are related to the access to foreign exchange, international wire transfers and current regulations that hinder the development of business in a timely manner. The issue of visas for businessmen is another aspect pointed out by Norway’s Secretary of State. Nevertheless, Tone Skogen assured that her country will continue to help Angola in the development of the oil sector.

The members of the Norwegian delegation will also hold separate meetings with the Ministers of Petroleum, José Botelho de Vasconcelos and the Minister of Fisheries Minister, Victória de Barros Neto.

Source: ANGOP

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 Export Credits Agreement.

In order to achieve this financing, which also aims to strengthen the development of fruitful cooperation between the two countries, a Memorandum of Understanding was signed by the Ministry of Finance and BGK on Tuesday in Luanda, to expand and increase the ties between the two economies.

According to the Polish ambassador to Angola, Piotr Mysliwiec, the MOU sets forth the terms and general conditions that will govern each individual financing facility, and the specific and inherent conditions of each agreement will be subject to approval by BGK and the Export Credit Agencies of Poland and Angola.

The ambassador also added that the execution of public investment projects will be carried out by Polish companies, as contractors or subcontractors, while the choice of areas for financing will be the responsibility of Angola.

The MOU was signed by the Director of the Debt Management Unit of the Ministry of Finance, Osvaldo João and the Director of the BGK, Arkadiusz Zablotonski, and witnessed by the Secretary of State for Treasury, Mário de Nascimento and other Polish and Angolan officials.

Source: ANGOP

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 the discovery of the Cunene Gabbro-Anorthosite Complex covering an area of 45 km² in the Provinces of Huíla and Cunene and extends to the Republic of Namibia.

Francisco Queiroz, who was speaking at the launching ceremony of the Association of Angolan Geosciences and Petroleum Activities Support Companies (AEAGSAP), said that knowledge of the geological and mining potential of Angola is a very useful tool for entrepreneurs of geosciences and related fields to develop their role in the mining sector in Angola.

Considering the preliminary results of Planageo, he pointed out that the Angolan government has embarked on a campaign to attract world-class investors.

“We are hopeful that in the medium term these investments will have a positive impact on changing the country’s economic base in terms of tax revenues and foreign currency sources, job creation and therefore be a sustainable alternative to oil.”

He called on Angolan businessmen to participate actively in mining investment, either through partnerships with foreign investors or through the investment funds that will be created.

Source: ANGOP