government of Angola

Angola's finance ministry said it had requested non-financial assistance from the International Monetary Fund to help it implement economic reforms, ... said it wanted help in implementing the Macroeconomic Stabilisation Plan, which is effectively the economic policy of the new Angolan government, but did ...

France's Total was awarded Angola's Block 48, where it plans to drill a 3600-metre well, just five months ago in an initial effort by the Angolan government to revive the country's moribund deep-water exploration scene. The block is located in the ultra-deep water Lower Congo basin adjacent to Total's Block ...

Luanda — Companies and individuals that fail to fulfil contracts signed with the state will start to be included in a "black list" that will then be available in the Electronic Public Contracting Portal, plus the possibility for the blacklisted entity to be barred from public tenders for a certain period. The warning was ...

Suddenly, private investors, many of them high-ranking government officials, become interested in land which has been farmed by communities for generations. They are often ... This serves to influence “German actors in Angola, as well as Angolan actors which are financed by German money.” In the little ...

Relating to Madagascar, the Extraordinary Summit approved the urgent deployment of the SADC Special Envoy, H.E. Joaquim Chissano, former president of Mozambique, to be assisted by the chair of the ministerial committee of the organ, Angolan external relations minister Manuel Domingos Augusto, ...

Luanda — The director of the Climate Change Office of the Ministry of the Environment, Giza Martins, Wednesday reiterated the Angolan government's commitment to fight soil deterioration, according to the United Nations Convention to Combat Desertification (UNCCD). Speaking at opening ceremony of ...

The Summit will comprise of Heads of States and Governments, or representatives from South Africa (Chair of SADC), Namibia (Deputy Chair of SADC) Kingdom of Swaziland (Out-going Chair of SADC),Angola (Chair of Organ), Zambia (Incoming Chair of Organ) and Tanzania (Outgoing Chair of Organ).

OPEC member Angola has requested an agreement, known as a Policy Coordination Instrument, to help it implement a macroeconomic plan of the new Angolan government, the African country's finance ministry said on Tuesday. The agreement with the IMF “will help to improve the external credibility of ...

Luanda — The Angolan government requested support from the IMF for an unfunded programme dubbed the Policy Coordination Instrument (PCI) to assist in the implementation of the measures contained in the Macroeconomic Stabilization actions initiated in January 2018. According to a document from ...

Benguela — The Angolan government released 80.5 billion kwanzas this year to finance11public projects in the central Benguela province. The information was disclosed on Tuesday by the director of the Studies, Planning and Statistic Office of the Provincial government of Benguela, Jorge Rafael, during ...

Despite the Government of Angola's (GoA) open door policy to welcome Congolese nationals fleeing as a result of the conflict since July 2017, new arrivals have significantly decreased although the operation continues to register additional arrivals under family reunification. As the situation remains volatile ...

Maka Angola, a site run by an Angolan investigative journalist, previously reported that the alleged transfer, part of a scheme involving bogus foreign investments and loans to the Angolan government, took place last year. Jose Eduardo dos Santos ruled the country for 38 years and was succeeded by ...

The information was given last Monday, in Luanda, by the representative of the UNHCR in Angola, Philippa Candler, during the opening ceremony of the ... She also seized the occasion to thank the Angolan government for facilitating the entrance of refugees through the land borders, in accordance with ...

3, 2017, and emailed to top Angolan government officials, Mr. Broidy indicated that he was also sending both an invitation to the inauguration festivities and a proposal for Circinus to provide security services for Angola. In one version of the proposal, the company sought nearly $64 million over five years.

When the price of oil tumbled in 2014, the economy stalled and the government slashed spending, exposing cracks in the public health service and leaving ... Nearly 1,000km away in the capital Luanda, ranked the most expensive city in the world for expatriate workers and home to a luxury-loving Angolan ...

It is the 30th anniversary this week of the largest conventional armed battle in Africa since the second world war, between the Angola government and Cuban forces against the apartheid South African Defence Force and its rebel allies at Cuito Cuanavale in southern Angola. This was a watershed battle ...

The Macroeconomic Stabilisation Program (PEM), a document prepared by the Angolan government, which stipulates 109 tax, foreign exchange and monetary policy measures this year, as well as guaranteeing a more solid financial sector, said that arrears to state suppliers total almost US$5 billion, which ...

Since the 2015 survey, the Angolan government has taken several steps to protect elephants, the authors point out. "The government has submitted a national ivory action plan to the Convention on International Trade in Endangered Species of Wild Fauna and Flora, enacted new legislation to make the ...

The proposal to revise the Private Investment Law that the Angolan government plans to submit to parliament removes the requirement for national partners to hold a stake of at least 35% in the share capital of the companies, a measure intended to improve the attraction of foreign direct investment, ...

This measure may help stimulate foreign portfolio investment inflows, which can potentially help in the short term. While the quest for economic growth is paramount, Angola is anxious to see the economy grow following the decline in oil prices. The Angolan government forecast a growth rate of 4.9% in the ...

The Benguela Railway Company has resumed the international traffic by transporting 25 wagons with 50 containers, carrying 1,000 tons of manganese from the Democratic Republic of Congo (DRC). The Angolan Government has made a major investment in the modernization and rehabilitation of the ...

LUANDA – The UN refugee agency (UNHCR) is deeply concerned about rekindled tension in the violent Kasai region of the Democratic Republic of Congo and criticised the Angolan government for forcing some 500 refugees to return. Angola's government forced 530 Congolese to return to Congo ...

Like all of Angola's other public services, healthcare has been starved of resources by the economic crisis that has plagued the country since oil prices collapsed in 2014. In 2016 an outbreak of yellow fever killed almost 400 people and shone a light on the risible state of government-run healthcare.

Some critics of the government say little has really changed in Angola. ... Marques has been a fixture in Angolan courts since he first faced trial for a 1999 article in which he accused then-president dos Santos of promoting “incompetence, embezzlement and corruption as political and social values." He was ...

Saurimo — The construction of a diamond-cutting plant in Saurimo city, Lunda Sul province, is part of the local government's priorities, said the governor, Ernesto Kiteculo, on Saturday. The official who was speaking to the press justified that such intention if materialized, will contribute in the manufacture of ...

The Angolan government has created the AIPEX – Agency for Private Investment and Exports, a single body to promote investments and exports and the international competitiveness of Angolan companies, according to a statement issued following a meeting of the Council of Ministers held in Luanda on ...

An invitation letter, which will no longer be a condition for visa application, was a handicap for many tourists wishing to visit Angola. The Angolan government hopes to create one million jobs in the tourism sector by 2020. Angola's tourism industry is relatively new because much of the country was ...

Luanda — Angolan Government has ruled out the intention to increase its public debt, estimated at 54.5 billion Euros. This was said by the State Secretary for Budget and Public Investment, Aia-Eza da Silva. Based on the projections of 2018 State Budget (OGE), approved 14 January by Parliament, the ...

The value of Angola's public debt, estimated at US$67 billion, will remain unchanged, “because the government has no intention of increasing it,” said on Friday in Luanda the Secretary of State for Budget and Public Investment, Aia-Eza da Silva. The General State Budget (OGE/2018), approved on 14 ...

Angola's National Institute for Support to Micro, Small and Medium Enterprises (INAPEM) is expected to be merged with the Institute of Business Development (IFE) making way for a new institute aimed at supporting the private business sector, Angolan financial newspaper Valor Economico reported.

Last week, Angolan prosecutors charged former central bank governor, Valter Filipe da Silva, in relation to the alleged $500 million fraud attempted against the Angolan government last year, a source familiar with the matter told Reuters. The source said the attempted fraud occurred in the final weeks of the ...