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Investment: new fund to inject $500 million into Africa Private equity firm

Alterra Capital Partners has launched a new fund dedicated to Africa, which targets a final size of $500 million, with the support of American private equity giant Carlyle Group and Nigerian billionaire Aliko Dangote. Alterra plans to invest in the...

Angola to invest in economic diversification to accelerate SDG

The Secretary of State for Planning, Milton Reis, said today, in Luanda, that the Government wants to invest in the diversification of the economy, valuing and enhancing human capital to accelerate the implementation of the Sustainable Development ...

BFA’s net profit increased by 23.5% in the first half of 2023

BFA's net profit in the first half of 2023 increased by 23.5 per cent compared to 2022, reaching 83.0 billion kwanzas, ANGOP learnt today. The financial performance was the result of a 17.5 billion kwanza increase in Banking Income, as a result of...

FGC has 50 billion available to boost national production

The Angolan government has made 50 billion kwanzas available to the Credit Guarantee Fund (FGC) to leverage national production, especially to finance agriculture, livestock, fishing, production support services and the manufacturing industry, the ...

National Bank funds 752 projects with more than 1 billion Kwanzas

The National Bank of Angola (BNA) has funded 752 projects under Notice 10, with a total of 1.06 billion kwanzas, the institution's governor, Manuel Tiago Dias, said on Thursday in Luanda. "Notice number 10", he explained, began with credits in 202...

US disburses around 2 million dollars to fight COVID-19 in Angola

Over the last three years, the United States government has disbursed around two million dollars to support the Republic of Angola in preventing and fighting the COVID-19 pandemic. Among other things, the money has been used to buy materials to su...

Kuria Roots For Industrialisation In Counties

Outgoing Trade, Investments, and Industry Cabinet Secretary (CS) Moses Kuria has challenged county governments to prioritise industrial production as a way of promoting the local economies. Kuria said governors should set targets for production a...

Namibia records N.dollars 7.4 billion worth of goods exported in August

Namibia exported goods valued at N.dollars 7.4 billion and imported goods worth N.dollars 12.3 billion in August 2023, resulting in a trade deficit of N.dollars of 4.9 billion. This is according to the Namibia Merchandise Trade Statistics bulletin...

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African Union Must Navigate through Challenges to Become Beacon of Hope: Expert

Addis Ababa: An international relation expert urged the African Union (AU) to successfully navigate through the challenges it faces and demonstrate its importance as a beacon of hope for African citizens. The African Union stands at a pivotal moment i...
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Mwihoko II Land Verification and Validation Underway in Kiambu

Kiambu: A land verification and validation exercise has begun in Mwihoko Estate, Ruiru Sub-County, to authenticate land ownership and facilitate the issuance of title deeds. The five-day exercise started on January 27, 2025, and will run until January...

Mwihoko II Land Verification and Validation Underway in Kiambu

Kiambu: A land verification and validation exercise has begun in Mwihoko Estate, Ruiru Sub-County, to authenticate land ownership and facilitate the issuance of title deeds. The five-day exercise started on January 27, 2025, and will run until January...

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ERDOGAN SAYS RUSSIA’S RECOGNITION OF UKRAINE BREAKAWAY REGIONS UNACCEPTABLE

Turkish President Tayyip Erdogan said Russia's recognition of two breakaway regions in eastern Ukraine was "unacceptable" and he called on all parties to respect international laws, broadcaster NTV and others reported on Tuesday.NATO member Turkey is a...

African women unite for climate justice, reparations, and development alternatives

The second Women's Climate Assembly (WCA) to be held in Lagos, Nigeria from 24 to 28 September 2023 will bring together women from fourteen countries across Central and West Africa under the theme, African Women Unite for Climate Justice, Reparation...

World Teachers’ Day highlights need to transform education

Teachers are at the heart of education, and their...