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Economy

  • WB raises Angola funding to USD 2.52 billion
    Tue, 16 Jul 2019 19:09

    WB raises Angola funding to USD 2.52 billion

    Luanda - The World Bank today increased the volume of the project portfolio to Angola to a total of US $ 2.5 billion, after approval by its Board of Directors of a new financial package for the country in the total value of USD 1.32 billion.

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  • Tue, 16 Jul 2019 17:51

    Angola, WB sign agreement to support privatizations

    Luanda - The Angolan government and World Bank signed on Monday in Luanda, three agreements to support the implementation of the reimbursable Technical Assistance (RAS) and Reforms and Privatizations of Public Firms and Private-Public Partnerships Programme (PPPs).

  • Fri, 05 Jul 2019 11:51

    New Technology to improve banking sector's performance

    Luanda - The utilization of new information technologies, such as "Blockchain", in the Angolan banking sector will improve its organization process, improve services, speed up operations and develop new services, said on Thursday the KPMG auditing firm officer, José Garrido.

  • Sun, 23 Jun 2019 15:07

    BPC bank's new C.E.O prioritises credit grant

    Luanda - The granting of credits, properly supported by guarantees, is one of the priorities of the C.E.O of the state-owned Saving and Credit Bank (BPC).

  • Fri, 21 Jun 2019 17:21

    BPC needs to set new path - Minister of Finance

    Luanda - Finance Minister Archer Mangueira said Friday in Luanda there is a need for the new Board of Directors of the Savings and Credit Bank ( BPC) to define a new direction to leverage its sustainable development.

  • Wed, 19 Jun 2019 13:21

    US Fed delegation arrives in Luanda

    Luanda - A high level delegation of the US Federal Reserve (Fed) arrived in Luanda last Tuesday, for a 48-hour visit, aimed to discuss with the Angolan authorities issues concerning the recovery of US dollars in banking operations in Angola.

  • Wed, 05 Jun 2019 16:16

    BNA plans direct sale of currency from oil companies to banks

    Luanda - Angola Reserve Bank (BNA) is working along with Oil companies on direct sale of the foreign currency to commercial banks.

  • Thu, 25 Apr 2019 11:53

    ATM Express to replace bank cards

    Luanda - The ATM Express (MCX Express) application, created by the interbank service company, EMIS, will gradually dematerialize the use of ATM-cards in the country.

  • Thu, 28 Mar 2019 09:30

    World Bank prepares new USD 1billion credit portfolio for Angola

    Luanda -The World Bank is preparing a new USD 1, 8 billion credit portfolio for Angola for the implementation of social and economic projects in some provinces of this African country.