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President Joao Lourenco Offers Grace Period To Recover Funds

President Joao Lourenco Offers Grace Period To Recover Funds

Angola will set a moratorium in January to allow citizens with money abroad to repatriate their funds, as the oil-producing country struggles to ease an acute dollar shortage that began soon after oil prices dropped in 2014. “Angolans who repatriate overseas funds and invest in the economy, companies that generate goods, services and jobs won’t […]

Lourenco Fires Dos Santos’ Daughter as Sonangol Boss

Lourenco Fires Dos Santos’ Daughter as Sonangol Boss

  Angolan President Joao Lourenco dismissed Isabel dos Santos as chair of state-owned oil company Sonangol as he takes aim at the family of former President Jose Eduardo dos Santos. Africa’s richest woman was relieved of her post along with the entire board of Sonangol, according to a presidential statement. Later Wednesday the government ordered the […]

Angola Works for Women Empowerment

Angola Works for Women Empowerment

The efforts made by the Angolan authorities to reduce gender inequalities and women’s empowerment were highlighted in Brasília by the Minister of Social Action, Family and Women Promotion, Vitória da Conceição. The Angolan minister was speaking in the panel dedicated to each country’s report at the Fifth Meeting of Ministers responsible for gender equality at […]

Rest Of Africa Weighs On South Africa’s Shoprite Q1 Sales

Rest Of Africa Weighs On South Africa’s Shoprite Q1 Sales

Shoprite increased turnover 6.4 percent in the three months to end-September, buoyed by South African sales, but with weaker commodity prices weighing on in its business in the rest of Africa. Africa’s largest grocer grew South African sales 8.1 percent in the three months to end-September as it kept price increases low amid weak economic […]

Women Encouraged To Boost Agricultural Production

Women Encouraged To Boost Agricultural Production

Women living in rural communities in the southern Cunene Province were encouraged to invest in agriculture to contribute to the socio-economic development of the region. The appeal was made by the provincial governor, Kundi Paihama, who was speaking at the closing ceremony of the second provincial forum of rural women, in the commune of Xangongo, […]

Rural Women Hold Forum In Huíla, Angola

Rural Women Hold Forum In Huíla, Angola

 Aspects linked to the 2017/2018 agricultural campaign are expected to dominate Wednesday in Lubango, the rural women’s forum in Huíla province, Angop learnt on Wednesday. The meeting is also analyzing the possibilities of support for families, the promotion of aquaculture, fish farming, the impact on family income in rural areas, the current situation of the […]

Angola’s State Oil Firm Saves $1.7 Bln After Spending Cuts

Angola’s State Oil Firm Saves $1.7 Bln After Spending Cuts

Angola’s state-owned oil company Sonangol said on Friday it had saved $1.7 billion thanks to spending cuts since 2014 in response to lower crude prices. Oil companies across the world have made steep cuts to their annual capital expenditure over the last three years to cope with a slump in oil prices. Sonangol said in […]

Women Processors Increase Dry Fish Production In Angola

Women Processors Increase Dry Fish Production In Angola

At least 190.539 kilograms of fish were processed in 2016 by 83 women associated with the salting project in the coastal Cuanza Sul province, according to the provincial director of fisheries, Adão Pereira. In relation to 2015, Angop learnt on Thursday, there was an increase of 115.189 kilograms.  The women, who have been associated since […]

Minister Reiterates Call For Aid To DRC Refugees

Minister Reiterates Call For Aid To DRC Refugees

 The Social Welfare minister Wednesday in Luanda reiterated his call to the international community, churches and society, for a relief aid to the 30,000 refugees from the Democratic Republic of Congo based in Angola. Gonçalves Muandumba was speaking to journalists after a ceremony of symbolic delivery of a kit of reproductive health material by the […]

Explain Your Results, Beaten Angola Party Head Tells Electoral Commission

Explain Your Results, Beaten Angola Party Head Tells Electoral Commission

The leader of Angola’s main opposition party called on the country’s electoral commission on Saturday to explain how it compiled provisional election results giving the ruling MPLA party a landslide victory. Isaias Samakuva said his UNITA party, which has rejected the published results of Wednesday’s national ballot, was conducting a parallel count using polling station […]

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