Portuguese airline euroAtlantic Airways (EAA) will offer flights between Bissau and Lisbon under the terms of an agreement due to be signed Friday in Lisbon with the government of Guinea-Bissau, the airline said in a statement.
The ceremony in the Portuguese capital was attended by the president of EAA, Tomaz Metello and the Secretary of State for Transport in Guinea-Bissau, João Bernardo … More
Angolan state oil company Sonangol will be the largest shareholder of Banco Económico, SA, the bank that has replaced Banco Espírito Santo Angola, Portuguese financial daily Jornal de Negócios reported.
Sonangol’s entry in the capital of the new BESA is part of a capitalisation plan that the National Bank of Angola set out for the bank as a result of its intervention.
The … More
The China International Fund (CIF) has been chosen by the government of Angola to build three residential buildings in the city of Luanda for over US$91.4 million, according to a presidential order.
The three buildings will be built in the Sambizanga neighbourhood on the outskirts of the capital, and are intended to “resettle the local population” on the outskirts of the city … More
The construction and agriculture sectors are the most attractive to Chinese and Portuguese investors in the Angolan province of Kwando Kubango, the president of the National Private Investment Agency (ANIP) said Thursday in Luanda.
Maria Luísa Abrantes, who was speaking on the sidelines of the 3rd Forum of Economic Development of Kwando Kubango, said that recently there had been increased interest in … More
Angolan freight company AngoFret plans to invest US$52.7 million in building two road and rail logistics hubs in the Angolan provinces of Huambo and Moxico, serving the Lobito Corridor, according to an investment contract.
The contract signed with the National Agency for Private Investment (ANIP) outlines the launch of the project in January 2015, and the two hubs will be built in … More
The new General Tax Administration of Angola will coordinate and manage the entire process of tax collection, in the country according to a decision Wednesday by the government announced after a Council of Ministers meeting.
The new tax body is part of Angola’s on-going tax reform and will bring together existing bodies and services of the National Tax Directorate, the National Customs … More
The cargo processed this year by operators from Zimbabwe, Zambia, Malawi and the Democratic Republic of Congo, as well as Mozambique, is expected to post growth of 15 percent, said the CEO of Cornelder of Mozambique, the management company of the port of Beira.
The forecast growth in 2013 was 17 percent against 2012, but the occurrence of some problems, that were … More