Luanda - Angola spent, last year, USD 170 million importing brand new clothes and USD 65 million for used clothes. These funds could be saved if the country's textile industries were operating in full capacity.More about this news
Luanda - The privatization process of the three textile industries units built with public fund in the provinces of Luanda, Cuanza Norte and Benguela starts from April through an international tender.
Lubango: Angolan State spends USD 2.4 billion each year on transfers of salaries for foreign workforce, said the chairperson of the Angolan Association Industry (AIA), calling for the need to urgently reverse the situation.
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).
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.