Ex-soldiers benefit from fishing kits

Cabinda – Two cooperatives belonging to the former-soldiers from the Angolan Armed Forces (FAA) in the municipality of Cacongo, 46 kilometers north of Cabinda, benefited from small motor boats and fishing artifacts to improve fishing activity in the district.

These are the Vimbidila and Luz do Senhor cooperatives which, within the scope of the Programme to Combat Hunger and Poverty, benefited from these means.

They received two barges, engines, anchors, buoys, life preservers, compasses, hooks and fishing nets, flashlights and others.

The handover ceremony took place on Sunday, ahead of the celebration of Vila de Landana Day, in Cabinda.

Source: Angola Press News Agency

Zaire: Technical commission to monitor PIIM works set up

Mbanza Kongo – A technical commission to monitor the work included in the Integrated Intervention Plan in the Municipalities (PIIM), in the northern Zaire province, was created Tuesday in Mbanza Kongo by the provincial governor, Adriano Mendes de Carvalho .

Coordinated by the vice-governor for the technical and infrastructure sector, Ângela Diogo, the commission is made up of the directors of studies, planning and statistics, infrastructure, legal affairs and exchanges, as well as municipal administrators.

The announcement of the creation of this commission was made by the governor of the province, Adriano Mendes de Carvalho, at the opening of the 2nd ordinary session of the Governing Council, which is analysing, among other , the implementation of the Integrated Plan in Municipalities (PIIM).

The governor recommended that the commission produce, within 21 days, a report to assess the level of physical execution of the PIIM works, implemented in the first phase in the region.

Adriano Mendes de Carvalho said that the level of physical execution of some social projects included in the PIIM in the province was quite low, a picture he wants to see reversed to 75% by July this year.

Source: Angola Press News Agency

Global Weather Hazards Summary November 11 – 17, 2022

Abnormal dryness expands in East Africa

1 . The Niger and Senegal River levels remain elevated following heavy rainfall during the monsoon season.

2 . Heavy rainfall caused flooding in parts of southern Chad.

3 . Heavy seasonal rainfall caused flooding in parts of Sudan and South Sudan.

4 . Erradic and poor rainfall during the summer season has led to drought across central Ethiopia.

5 . Dry and poor rainfall since October has resulted in abnormal dryness across parts of Kenya and Somalia.

6 . Continued heavy rainfall coupled with an early onset to the rainy season is likely to sustain flooding in parts of South Africa and Lesotho.

Source: Famine Early Warning System Network

Minister recommends ANIESA inspectors to stick to ethics

Viana – Angola’s minister of Industry and Commerce Victor Fernandes urged the inspectors of the National Authority for Economic Inspection and Food Safety (ANIESA) to demonstrate rigor, ethics and professionalism in order to ensure the quality of products consumed by Angolans.

The call was launched at the end of a visit aimed to assess ANIESA’s facilities, located in the administrative building of CLOD, in Viana.

The minister recalled the national challenge of diversifying the economy, adding that the various institutions that compete to guarantee quality must be prepared, as the inspection authority is crucial in this process.

Victor Fernandes said that the inspection activity will grow in size, because the number of companies has been increasing in the country.

In view of this factor, the minister advised the professionals to keep up with the good work and maintain ANIESA strong and determined.

Source: Angola Press News Agency

Parliament recommends greater attention to PIIM, fight against poverty

Luanda – National Assembly (AN) recommended the Executive to continue to pay greater attention to the funds allocated to the social sector, as part of the Integrated Plan of Intervention in Municipalities (PIIM) and the Programme to Combat Hunger and Poverty, taking into account the social well-being.

The recommendation is expressed in the Joint Opinion Report (RPC) of the Execution Balance Report for the Second Quarter of the General State Budget (OGE) -2022, approved by the Specialised Work Commissions of the AN on Tuesday, with amendments.

The Draft Resolutions for the OGE Execution Reports for the 1st and 2nd Quarters of 2022 will be discussed and voted on at the 2nd Extraordinary Plenary Meeting of the National Assembly, scheduled for Thursday (12).

In the OGE Execution Balance report for the 2nd Quarter of the OGE-2022, the MPs recommended the Executive to pay greater attention to the financial execution of the projects included in the public investment portfolio and programmes of the Bodies of the Administration of Justice.

Under the principle of transparency and good governance, the Parliament wants strict measures to be adopted so that budgetary units comply with the deadlines for rendering accounts, especially diplomatic missions and municipal administrations.

The MPs also recommended continued structural reforms in order to make the national economy robust and resilient to external shocks, as well as the fiscal consolidation process to ensure balance and the rigorous recovery of public finances.

The legislators insisted on the need to stimulate the increase in national oil production through dynamic actions that make it possible to attract investments and increase research activities.

They also recommended the continuation of efforts to contain the growth of public debt, in order to guarantee the sustainability of public finances.

Source: Angola Press News Agency

Chinese Top Diplomat Arrives in Africa to Strengthen Cooperation

China’s new foreign minister, Qin Gang, has begun a five-nation tour of Africa aimed at bolstering Chinese-African ties. Qin, who had been ambassador to the U.S. until December, will visit African Union headquarters in Ethiopia before traveling to four other African countries.

Analysts say trade and investment are the top priorities for both sides as China and the U.S. compete for influence in Africa.

Ethiopian Prime Minister Abiy Ahmed welcomed Qin to Addis Ababa as the Chinese foreign minister began his week-long tour.

After visiting African Union headquarters Tuesday, the Chinese foreign minister will go to Angola, Benin, Egypt and Gabon.

David Monyae, head of the Center for Africa-China Studies at the University of Johannesburg, offered some insight into what Qin and his hosts are likely to discuss.

“At AU level there might be some issues in terms of requests by Africans for China to help on the issues of reform of the United Nations.” he said. “The AU itself is going to get a seat within the G-20 and there are a number of issues within multilateral institutions and China is a permanent member of the Security Council.”

China’s investment in Africa is focused on infrastructure and telecommunications.

According to the Chinese General Administration of Customs, in the first three months of 2022, trade between China and Africa reached nearly $65 billion, a 23% increase over the same period in 2021.

Cliff Mboya, a researcher at the Afro-Sino Centre of International Relations, said economic revival will be at the top of most African countries’ agenda.

“What I expect [Qin] to address is China-Africa relations post-COVID,” he said. “China is gradually opening up to the rest of the world and they are trying to embrace the post-COVID world which some of us have already embraced. So, economic recovery would be key and we must factor in that there is a lot of renewed interest coming from the U.S. and Europe. So, China would want to put its stake in the relationship and just affirm to African countries that it’s here to stay and just to build on what it has.”

Western nations have accused China of using massive loans for infrastructure projects to put African countries in debt to Beijing, both politically and economically.

Rights groups say China also promotes corruption and ignores human rights concerns, while seeking access to Africa’s natural resources.

Monyae said Africans are to blame for the corruption involving big projects in the continent.

“My blame goes more on ourselves, Africans,” he said. “I don’t think we have clear laws and are tough on corruption. The idea of blaming Chinese or Americans on anything is not something I buy into. There are issues. No doubt. Is there corruption in some of the Chinese projects? Yes, is there corruption in some of the American projects in Africa? Yes. What are we doing and there is no one we can say is better than the other.”

Last month, the U.S. government hosted African leaders in Washington, where both sides agreed to support infrastructure projects on the continent as well as invest in digital transformation, health, and telecommunications.

Mboya said African nations will see if they can get similar or greater benefits from interaction with Qin and China.

“So, he will be received well and African leaders will be keen to see what he has to offer,” he said. “The African Union, the leaders who are there, would want to establish personal contact with him just to get an idea of his ideas and his strategy and see how to align themselves with what he will have to say or what China intends to do going forward.”

In Egypt, the foreign minister is scheduled to meet with the secretary general of the Arab League. The visit is set to conclude Saturday.

Source: Voice Of America

President visits nationalist Faustino Muteka in hospital

Luanda – Angolan head of State João Lourenço visited Tuesday the nationalist Fernando Faustino Muteka, hospitalised in one of Luanda clinics.

The information, released today by the Presidency of the Republic page on the Facebook social network, states that President João Lourenço wished the nationalist “quick recovery of health”.

Fernando Faustino Muteka is a member of the MPLA and has served, among others, as Minister of Transport, Territorial Administration and provincial governor of Huambo.

President João Lourenço also visited the Angolan nationalists Lopo do Nascimento in February 2021, Jorge Valentim in August 2021, Santana André Pitra “Petroff” and General Paulo Lara, the last two in January 2022.

Source: Angola Press News Agency

President of Zambia starts visit to Angola

Luanda – Zambian president Hakainde Hichilema arrived Tuesday (10) in Luanda for a 72-hour state visit at the invitation of his Angolan counterpart, João Lourenço.

At the “4 de Fevereiro” International Airport, the statesman was welcomed by minister of Foreign Affairs, Téte António.

The Zambian Statesman’s programme includes a visit to the Dr. António Agostinho Neto Memorial, where he will lay a wreath.

Hakainde Hichilema’s agenda also foresees a meeting with host president João Lourenço at the Presidential Palace of “Cidade Alta”.

According to the programme released by the Ministry of Foreign Affairs (Mirex), the delegations from both countries will meet and sign the legal instruments, as part of the strengthening of bilateral cooperation.

The agenda features Hakainde Hichilema’s speech at the National Assembly, in addition to the visit to Benguela province.

Angola remains a strategic partner in relations with Zambia and the two countries share a long border.

A highlight for relations between Angola and Zambia is the President João Lourenço’s trip to Zambia in May 2018, during which the countries signed five bilateral cooperation agreements, totaling 14 legal instruments in the most various fields.

Among the agreements, the one concerning the exemption of visas in all national passports stands out.

Source: Angola Press News Agency

Central Bank establishes new rules for foreign transactions

Luanda – Banking institutions must subscribe to the Swift FIN Inform transaction reporting system to ensure that data from international payments and receipts operations carried out are directly reported to the National Reserve Bank of Angola (BNA).

According to the BNA Instruction no. 01/2023, that ANGOP has had access to, it clarifies the need to regulate the rules and procedures for the reporting of statistical information on the bank´s foreign transactions.

With this Instruction, BNA also aims to ensure the quality of the system for monitoring and processing foreign exchange operations, as well as guaranteeing the correct definition and execution of foreign exchange policy.

Banks will communicate with the National Reserve Bank of Angola, via copies of messages, such as for Client Payments and Cheques (MT103), Financial Institution Transfers (MT202) and Documentary Credits and Guarantees (MT700).

BNA Instruction also states that banking financial institutions will now obey new rules of filling in the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

To register for the FINInform service, the BNA guarantees that there are no additional costs for financial institutions.

With this BNA Instruction, the previous Nr. 11/2022, of 20 September, as well as all the provisions that contradict what is stated in this document, are no longer in force.

Meanwhile, the Instruction no. 01/2023, comes into force 180 days after its publication.

Source: Angola Press News Agency

Angolan State issues 1.80 billion kwanzas debt in 2022

Luanda – The Angolan state issued 1.80 billion kwanzas in domestic debt securities to banks in 2022, according to weekly information on the Angolan economy published Monday in Luanda, by Fomento Angola Bank (BFA).

According to the publication dated 9th January, sent to the bank´s partners, to which ANGOP had access, it is estimated that total issues of securities on the primary market totalled 1.83 billion kwanzas, plus securities issued directly to investors, which totalled 0.02 billion kwanzas accounted until September 2022.

With this figure, BFA said that debt is closer to 82% of the forecast in the Annual Debt Plan (PAE).

The report also stresses that with oil taxes revenues, which were higher than expected, the Treasury Office issued less than half of what it expected in short term bonds and less than a third in dollar bonds, and took advantage of the opportunity to reduce rates as well as to issue further 32% in bonds with maturity ranging from 2 to 10 years.

However, the 2023 emissions will begin in the current month, after approval of the Presidential Decree in order to authorise emissions of up to 2.16 billion kwanzas

The mentioned Presidential Decree allows the Treasury Office to start financing this year, before approval of the 2023 State Budget, which will be discussed in the National Assembly this month.

Source: Angola Press News Agency