Angola discusses boosting cooperation with Djibouti and South Africa
Luanda – The Angolan ambassador to Ethiopia, Francisco José da Cruz, Tuesday discussed bilateral matters and issues related to the African Union (AU) with the counterparts of Djibouti and South Africa, Abdi Mahamoud Eybe and Edward Xolisa Makaya, respectively.
According to a note from the Angolan diplomatic office, sent to …
BNA to release commemorative coin
Luanda – The National Bank of Angola (BNA) is to put into circulation a commemorative coin with a face value of 200 kwanzas, in honour of the 20th (twentieth) anniversary of Peace in Angola, which will be celebrated on April 4, 2022.
The draft law that authorises the BNA to …
Afreximbank has USD 40 billion available for intra-African trade
Durban – The African Export-Import Bank (Afreximbank) has committed USD 40 billion to support intra-African trade over the next five years.
With this amount, Afreximbank doubles the US$20 billion of the last five years, its chairman, Benedict Oramah, said at the Intra-African Trade Fair, which began Monday in Durban (South …
Salary increase in 2022 to boost purchasing power
Luanda – Finance minister Vera Daves said on Monday, in Luanda, that the expected salary increase for the civil service, in 2022, aims to restore the purchasing power of Angolan families.
“The concern with the salary increase is not only with public employees, but with all Angolans who need to …
Angola at biggest Intra-African business exchange in Durban
Durban – Exhibitors of at least thirty national companies are already, since today, Saturday, in Durban, South Africa, to participate in the Second edition of the Intra-African Trade Fair, an initiative of the African Export and Import Bank (Afreximbank).
The entourage includes about a hundred Angolans, among governmental entities, businesspeople, …
Gas in rail transport reduces operational costs
Malanje – Angola’s Oil Firm Sonangol and Luanda Railway company signed Thursday cooperation consignment agreement providing for transportation of bulk butane gas by train from Luanda to the north-eastern Malanje province.
Gas in rail transport from Luanda to Malanje was suspended in 1988, among other factors, due to the armed …