The Sovereign Fund of Angola achieved a positive result of 7297 million kwanzas (US$44 million) in 2016, the first in its history, reversing the trend of consecutive losses recorded in the reports and accounts of […]
Category: Angola
Angola has received its first Su-30s
The Angolan Air Force has taken delivery of its first two Su-30K fighters, and will receive another ten by early 2018. This is according to Aleksandr Vorobei, the deputy CEO of the 558 Aviation Repair […]
Glencore signs deal with Angola LNG
Natural resource commodities producer and trader Glencore Energy, together with Angola LNG have executed a multiyear LNG sales agreement, under which ALNG will deliver LNG cargoes to Glencore at destinations around the world. “Following on from the […]
Angola foreign currency sales drop by 62%
Foreign currency sales dropped by 62 percent last week after the National Bank of Angola (BNA) has sold EUR 52.7 million ($ 58.9 million) to cover various operations. This is according to the BNA data […]
Eni inks cooperation deal with China’s CNPC
Eni signed a cooperation agreement with China National Petroleum Corporation (CNPC) on Wednesday in a move that could give the Italian oil major greater access to the Chinese market. Eni said in a statement it had […]
Angola: Goods importation reaches one million tons
Just over 1.5 tons of diverse goods were imported by the Angolan State throughout the first semester of the year 2017, which represents a reduction of about 82,128 tons in relation to the previous semester, […]
