Category Archives: Business

Luanda hosts second edition of Angola Oil & Gas event

Luanda – The second edition of the conference and exhibition dubbed Angola Oil & Gas/2020 (AOG) an event that is scheduled to happen on 16-17 June this year in Luanda is aimed at promoting new investments in the Angolan industry ANGOP has learnt.

The first edition of the AOG happened …

Induve records 20 percent drop in production

Luanda – The Angolan Vegetable Oil Industry (Induve) recorded in 2019 a drop of 20 percent in its production of corn flour and animal feed, when processing only 60.000 tons, motivated by the non-timely availability of foreign exchange for import of the raw material.

On average, this plant, located in …

Japan reaffirms strengthened co-operation with Angola

Luanda – The Japanese ambassador to Angola, Hironori Sawada, last Saturday in Luanda said that the participation of the Angolan Head of State, JoAPound o Lourenco, in the Tokyo International Conference on Africa’s Development (TICAD 7) enabled to raise the interest of Japan’s private sector in the Angolan market.

Hironori …

AGT raises Akz 93 million with implementation of VAT

Huambo Ninety three million Kwanzas were collected by the General Tax Office (AGT) in the central Province of Huambo, due to the value added tax (VAT) collection in the first three months following its entry into force (October 1, 2019).

The information was provided to ANGOP last Wednesday by the …