Angola has recovered, up to date, USD 7.6 billion, as part of the process to combat corruption and assets recovery.The announcement was made Friday by the director of the National Asset Recovery Service, Eduarda Rodrigues, at the opening ceremony of th…
Angola has predicted a deficit in General State Budget (OGE) 2023 of around 7.4 billion kwanzas by the end of the year.The Secretary of State for Finance and Treasury, Ottoniel dos Santos, released the statistics, based on projections of the Ministry o…
The Secretary of State for Planning Milton Reis said Thursday in Luanda that the Executive is working to take measures that will allow to achieve a monthly inflation below 1%, as it was until May.Speaking at the usual briefing of the Ministry of Econom…
Angola and Morocco signed Thursday (13) a new legal instrument in Rabat as part of strengthening bilateral relations between the two countries.This is a Cooperation Agreement on Technical Assistance Matters between the Capital Market Commission (CMC) …
The Luanda/Bengo Special Economic Zone (ZEE) and Dubai Integrated Economic Zones (DIEZ) signed Thursday a memorandum of understanding and cooperation, which will provide ZEE entrepreneurs with facilities to export their “Made in Angola” products to tha…
Ndasilohenda Katangolo-Nakashwa, a 37-year-old communal farmer from the Kunene Region’s Opuwo Rural Constituency, has won the 2023 Capricorn Foundation Food Waste Challenge.She is the overall winner, receiving a N.dollars 100 000 cash prize from Capric…
Angola and Democratic Republic of the Congo (DRC) will sign a production sharing contract model on Thursday in Kinshasa.The agreement will be signed by the Ministries of Mineral Resources, Oil and Gas (Mirempet) of Angola and Hydrocarbons of the Democ…
A vessel conveying 800,000 litres of suspected stolen crude oil has been intercepted by a private security contractor engaged by the Nigerian National Petroleum Company Ltd. (NNPC Ltd).The vessel and its crew members were apprehended on July 7, by oper…
The Chartered Institute of Bankers of Nigeria (CIBN) says it is introducing human capital development fund to retrain, build capacity and help young professionals in the banking and finance industry to grow their career.The President/Chairman of Counci…
A onetime Enugu lawmaker, Mr Nwabueze Ugwu, says that Gov. Peter Mbah’s vision to grow Enugu State Gross Domestic Products (GDP) will depend on the level of security and industrialization.This, he said, would also be achievable if there were adequate p…
The Nigerian Association for Energy Economics (NAEE) has advocated for strategic interventions to cushion the consequences of the removal of subsidy on Premium Motor Spirit (PMS) called fuel.The association called for options for economic opportunities…
The development of the envisaged uranium mine at Leonardville village in the Omeheke Region, will alleviate poverty and drastically reduce incidences of stock theft, which has become a major concern in the area.This was the view of the region’s Governo…
Market Leaders and Traders Associaton of Nigeria (MALETAN) Lagos State chapter, has called on the Lagos State Government, concerned persons and groups to address the challenges affecting peaceful coexistence in the state.It also said that it was necess…
Investment in the Lobito Corridor will make it possible to reach 1.5 million tonnes of cargo in three years, as compared to the currently 300,000 tons, transport minister Ricardo D’Abreu said.Speaking Wednesday to Angolan public television, the ministe…
Nestlé Professional continued its project to foster economic growth among food vendors in Nigeria at the Business of Food workshop in Ilorin. Over 300 participants including food vendors, chefs, canteen and restaurant operators as well as culinary scho…
