Luanda - The Indian business group Palmentar General Commerce is investing 2.7 million US dollars in a detergent and hygiene products factory, located in the Luanda/Bengo Special Economic Zone (ZEE).More about this news
Luanda - House loans could help leverage the real estate sector and, consequently, the industry focused on the production of construction materials in the country, the Angolan Industrial Association (AIA) chairperson, José Severino, said Wednesday in Luanda.
Luanda - The Kwanza Sul Cement Plant (FCKS), whose current production corresponds to 30% (450.000) of its installed capacity (1.5 million tons / year), will increase this capacity from 2020 onwards 70 percent, announced its director of human resources and administration, Joaquim Manuel.
Dondo - The northern Cuanza Norte province-based "EKA" Brewery's production level decreased by 40 per cent, the company's director general, Marc Mayer, said Tuesday.
Luanda - Textile factories built with public funds and seized by the Attorney General of the Republic, in the provinces of Luanda, Benguela and Cuanza Norte, began to be formally handed over to the state last Tuesday.
Luanda - The manufacturing industry in Angola grew 1.8% in 2018, with the start-up of 18 new manufacturing units during 2017, according to a book published Thursday.
Luanda - Finance Minister Archer Mangueira said Monday in Luanda that the use of domestic raw materials reduces pressure on the balance of payments and helps the country accumulate foreign exchange.
Luanda - The first edition of the Fair of Furniture and Timber of Angola (FIMMA) kicks off this Wednesday, in Luanda's Special Economic Zone (ZEE), with the participation of fifty firms specialised in this area.
Luanda - State Secretary for Budget and Public Investment, Aiza-Eza Silva said that Angola in particular and Africa in general have a big need for financing for their industrialization, with a view to reducing poverty and improving productivity.