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Economy

  • Stabilization program with positive budget balance
    Tue, 19 Nov 2019 19:21

    Stabilization program with positive budget balance

    Luanda - Angola recorded, for the first time in four years, a positive budget balance of 2.2 percent of Gross Domestic Product in 2018, as a result of the Macroeconomic Stabilization Program implemented since January last year, said on Tuesday the State Minister for Economic Coordination, Manuel Nunes Júnior.

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  • Thu, 24 Oct 2019 11:22

    Angola and Russia agreement reinforces gas supply

    Sochi - Angola and Russia are to sign this Thursday, in Sochi, a private business agreement on gas supply, announced in this Russian city the minister of Mineral Resources and Oil, Diamantino Azevedo.

  • Sun, 20 Oct 2019 11:49

    Angola attends international conference on oceans

    Luanda - Angola participates in an international conference on oceans taking place on October 23 - 24 in Oslo, Norway.

  • Thu, 17 Oct 2019 18:46

    Angola works for regional, continental integration

    Luanda - Trade Minister Joffre Van-Dunem reiterated Thursday in Luanda the country's engagement in honouring its commitments to integrate its economy into SADC and mainland regional markets.

  • Mon, 23 Sep 2019 10:39

    Chevron reinforces production of natural gas

    New York - The oil company Chevron is to step up the exploration of resources and natural gas in Angola, disclosed on Sunday in New York, USA, the multinational company?s president, Mike Wieth.

  • Sun, 08 Sep 2019 13:31

    Angola, IMF want debt below 90 percent of GDP

    Luanda - Angolan Secretary of State for Budget Aia-Eza da Silva said on Friday that the Angolan government and the International Monetary Fund (IMF) want public debt below 90 percent of gross domestic product (BIP).

  • Mon, 02 Sep 2019 18:28

    Angola: Oil block bidding process due on Tuesday

    Luanda - Angolan National Petroleum, Gas and Biofuels Agency (ANPG) starts on 3 September in Luanda the presentation of the public tender for oil blocks in the Namibe and Benguela basins for 2019-2025.

  • Thu, 29 Aug 2019 16:29

    Japan: Japanese company strengthens investment in Angola

    Yokohama - The chairperson of the Japanese construction and rehabilitation company "Marubeni", Masumi Kakinoki, said on Thursday that it is interested in supporting the construction of dams in Angola, Cunene province.

  • Thu, 29 Aug 2019 15:59

    USD 12 million spent on rice import

    Luanda - Angola spent USD 12 million on rice imports between January and June this year, the Secretary of State for Economy of the Ministry of Economy and Planning Sergio Santos, has told Angop.