One of the conditions for the consolidation of the Peace Process and the political stabilization (in Angola) is to present incentives that produce economic and social development necessary that will guarantee the creation of jobs and meet basis human necessities to a population ravaged by war ... [more]

The Presidents of Angola and the United States of America have discussed today, in Washington, the consolidation of the peace process and the democratic institutions in the African country.
President dos Santos, according to a press note from the meeting, has outlined to his counterpart and his top aides a complete view of the positive development ...
 [more]

Government approves draft law on private investment - The new text is intended to de-bureaucratise and simplify all administrative procedures related to investment, establishing the system of prior declaration, where a final decision on investments of between US$50,000 and US$5 million will be taken within 15 days. Investments exceeding US$5 million, subject to the contract system, will be approved by the Council of Ministers within 30 days.... [more]

Industry Minister on reduction of imports - The Angolan Minister of Industry, Joaquim David, has reaffirmed, recently in Luanda, the government's support for the national entrepeneurs through the implementation of economic measures to reduce the l Production ore citors, they expressed concern over the high fiscal taxes in Angolay... [more]

The economy is still deeply dependent on the oil sector. The problem is that no more than 1% of  the nation’s workforce is employed in the oil business ... [more]

José Eduardo dos Santos was born on August 28, 1942 in Angola's capital of Luanda. His political career began at an early age when he founded the youth organization within the MPLA (Popular Movement for the Liberation of Angola) in 1961 to help further Angola's struggle for independence.

He was awarded a scholarship in 1963 to study in the Soviet Union where he received a degree in petroleum engineering.   [more]

António Paulo Kassoma (born 6 June 1951) is an Angolan politician. He has been Prime Minister of Angola since 30 September 2008. Kassoma was born in Rangel municipality, located in Luanda, the capital. His parents, Paulo Kassoma and Laurinda Katuta, were from Bailundo, a town in Huambo Province. He studied electromechanical engineering... [more]

 

The 2008 State Budget recorded a global expenditure performance of 96 percent and an increment in revenues, which has permitted a budget surplus of Usd 6.4 billion. This was said Wednesday in Luanda by the Finance minister, Severim de Morais.Speaking at the end of a session... [more]

The chairman of the Commission for Restructuring of ANIP, Aguinaldo Jaime, mentioned customs exemption as one of the most feasible measures to encourage investors into cooperating more and more with the government... [more]

Angola is, potentially, one of the richest countries in Africa, due to its oil and other mineral reserves, to its hydroelectric resources, and to the great extensions  of cultivable terrain, of which only a small part is being used. ... [more]

 


 

 

Carrying credentials from King D. Sebastião, Paulo Dias de Novais landed at the island of Luanda on 20 February 1575, in command of a fleet of seven ships carrying a hundred families of colonists and 400 soldiers. The island was actually called Loanda, meaning'flat land' ; it had no mountains, but was composed of sand that shifted in the grip of the tides and the flow of the river Cuanza ... [more]

The Angolan economy will continuing growing in the coming years, despite the impact of the world financial and economic crisis. This was reaffirmed in Luanda by the Angolan minister of Economy, Manuel Nunes Júnior. According to Manuel Júnior, who was speaking about the impact of the global financial crisis on the Angolan economy, the country will not record an economic recession, but will instead ... [more]


I
n the province of Zaire you´ll find treasures off-shore - If you know Angola, you will also know that the Province of Zaire is famous for its oil. Tapping into an oil field 1300 meters down, Girassol is one of the most ambitious oil projects in existence, not only in the region but in the world. But the Province of Zaire is not only about oil. We have an abundance of other treasures too: fish, wood, phosphates and other minerals to name just a few. And thanks to the Zaire River, the third largest in Africa, we have the potential for a thriving hydroelectric industry, plus lush and fertile land which is putting us back on the world’s agricultural map... [more]

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Potentially one of Africa’s richest sub-Saharan countries, Angola offers great opportunities for investment in various sectors. Moreover, Angola is also blessed with large regions naturally favorable to the building of industrial and farming parks in the Luanda, Bengo, Benguela, Huíla, Cabinda, and Kuanza... [more]

Angola is already a touristic destiny - Angola is having an increase of tourists, and part is related to the business activity, involving citizens coming from Portugal, Brazil , USA , England and France. Part of the success is also due to the work of one hundred travel agencies that have been dynamic in the last ten years promoting the tourism in Angola... [more]

Over USD 1,8 million were collected at the Italian tenor Luciano Pavarotti`s concert held on Tuesday in Modena, Italy, for the benefit of the Angolan refugee children in Zambia ...  [more]