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Angola hires Chinese company to build civil registration system

The China National Electronics Import & Export Corporation has been hired to provide the technology solution for management of civil and criminal identification in Angola, as well as the issue of registration of birth and identity cards, under a presidential order.

The contract, which will cost Angola US$243 million, will be signed by the Ministry of Justice and Human Rights, arises from More

Banco BPI’s stake in Banco de Fomento Angola will be reduced

Spanish bank CaixaBank will draw up a plan to reduce Banco BPI’s stake in Banco de Fomento Angola, in which it holds a minority stake of 48.1% according to the prospectus of the takeover bid (OPA) launched on the Portuguese bank.

In the prospectus published through the Portuguese Securities Market Commission, CaixaBank said that the European Central Bank, when it accepted the More

Angolan diamond company Endiama produces more but income falls

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Angolan national diamond company Endiama recorded diamond production of over 9.0 million carats, almost identical to the target set by the Ministry of Planning and Regional Development, said the chairman of the state company.

Antonio Carlos Sumbula, who spoke in Lunda on the 36th anniversary of the national diamond dealer, said the company’s turnover last year was US$1.079 billion, US$130 million less More

Angola’s trade surplus increases in the 3rd quarter of 2016

Angola’s trade surplus in the third quarter of 2016 amounted to US$5.451 billion, a figure that compares with US$4.154 billion recorded in the second quarter, reported the National Statistics Institute (INE).

Data released by INE (http://www.ine.gov.ao/) showed that between July and September Angola exported goods worth US$8.468 billion, a 14.5% increase over the amount determined in the previous quarter and imported goods More

National Bank of Angola meets with European Central Bank in 1st quarter

The meetings between the National Bank of Angola (BNA) and the European Central Bank to give the BNA central bank equivalence with supervision is due to take place in the first quarter of 2017, reported the press office of the BNA.

Initially scheduled for 2019, the evaluation process follows the package of measures in place to prevent the BNA being put on More

Angola and Polish state-owned bank sign memorandum of understanding

The government of Angola and Polish state Bank Gospodarstwa Krajowego (BGK) plan to sign a memorandum of understanding to facilitate private investment in Angola and exports, under a presidential order.

The order signed by President Jose Eduardo dos Santos said that Angola and Poland “want to expand economic, business and diplomatic cooperation for peaceful purposes on the basis of equality and mutual More