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Indian group Jindal Africa remains in Mozambique

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Jindal Africa – Mozambique will remain active in Mozambique, despite the sharp drop in the price of coal on international markets, the Director-General of Jindal Africa Investments group said.

The price of coal per ton has fallen from US$250 to a current average of US$100 and several mining companies have either left their concessions in Tete province, in the face of huge More

Executive Director of the World Bank visits Mozambique

The Executive Director of the World Bank group, Louis René Peter Larose, Monday began a four-day visit to Mozambique, during which he will travel to the province of Nampula, the World Bank said in a statement.

In addition to meetings with top state officials, including the Prime Minister and the Minister of Economy and Finance, Larose will meet with leading figures in More

Angola’s attendance of Lisbon Tourism Fair “positive” says Angola Tourism Institute

Angola’s participation in the 27th edition of the Lisbon Tourism Fair (BTL) “was positive,” said the technical director of the Institute of Tourist Development (Infotur) of Angola, Laureth da Silva Bravo, cited by Angolan news agency Angop.

Taking stock of Angola’s presence at the event, which ran from 25 February to 1 March at Feira Internacional de Lisboa, the Infotur technical director More

Luanda hosts business forum between Portugal and Angola in June

A forum of companies from Portugal and Angola, initially scheduled for the first quarter of this year, will be held in Luanda next June, the Portuguese Economy Minister said Monday.

Speaking in Lisbon, to Angolan National Radio, António Pires de Lima confirmed the forum, announced in January by the Portuguese Minister of State and Foreign Affairs, Rui Machete, during an official visit More

Angola’s public debt expected to reach US$47 billion in 2015

The rise in Angola’s public debt, which this year is expected to reach US$47 billion or 45.8 percent of gross domestic product (GDP), will increase debt interest to US$2.162 billion in 2015, according to the amending State Budget.

The new document, to be discussed in detail in the Angolan parliament until 19 March, includes a budget deficit of 7 percent, due to More

Angolan parliament discusses proposed Tourism Law

Tourism in Angola in 2014 registered business in the amount of 216 billion kwanzas (US$2 billion) in hotels and similar services, the Minister of Tourism said in parliament.

Pedro Mutindi was in parliament to present the proposed new Tourism Law, which was approved in general, according to state newspaper Jornal de Angola.

The minister said that in 2014 about 600,000 European and African More

Japan funds water supply in Angolan town

Japan has donated US$103,000 to Angola to support a project to build a water purification system in the town of Quindenuco, Uíge province, the Japanese embassy in Angola said in a statement.

The statement said the funding will allow the construction of a drinking water purification system and two drinking fountains in an elementary school and in the Quindenuco community in the More

Angola’s International Environmental Technologies Fair held in June

The International Environmental Technology Fair 2015 will take place on 4 and 5 June in Luanda, with the participation of a hundred national and foreign exhibitors, said the Angolan Secretary of State for the Environment, New Technologies and Environmental Quality.

Sianga Abilio, who presided in Luanda over the event’s launch ceremony, said this edition was focused on waste recycling solutions, with the More