Business Affairss

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...

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 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...

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 ...

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...

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...

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 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...