Category Archives: Angola News

Angola News

Angola Cables to open its first POP in South Africa

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As part of expanding its footprint throughout the region, Angola Cables has selected Teraco as the colocation partner to deploy its POP in South Africa

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Nigerian and Angola economies suffer as oil prices fall

By HUMPHREY NKONDE

Nigeria and Angola, Africa’s oil producers, are facing economic difficulties mainly due to depressed prices of the liquid commodity on the international market.

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Zambian mining town stalks Angola DRC business

By Hicks Sikazwe

The mining town of Solwezi, 633 Kilometres North West of   Zambia’s capital Lusaka, has been transformed  into an active centre of business eying markets beyond  borders.

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AccorHotels Forthcoming opening in Angola & development achievement in East Africa

  Opening on November 9th of the ibis Styles Talatona, first of the 50 hotels planned in Angola

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African Firms Adopt IBM Cloud to Fuel Innovation

(Left to Right) Tejas Mehta, General Manager, IBM Central and West Africa; Dr. Vincent Olatunji, Acting DG, NITDA: Dipo Faulkner, Country General Manager, IBM Nigeria; Otunba Bimbola Ashiru, Honourable Commissioner of Commerce & Industry, Ogun State at the IBM Business Connect 2016 Conference in Lagos.

(Left to Right) Tejas Mehta, General Manager, IBM Central and West Africa; Dr. Vincent Olatunji, Acting DG, NITDA: Dipo Faulkner, Country General Manager, IBM Nigeria; Otunba Bimbola Ashiru, Honourable Commissioner of Commerce & Industry, Ogun State at the IBM Business Connect 2016 Conference in Lagos.

Companies across the continent turn to IBM Cloud to drive growth strategies, accelerate digital transformation projects and mitigate the macro-economic challenges of their operating environment

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Angola Opens Two National Parks covering 6.8m Hectares

The host country of this year’s World Environmental Day, Angola, has launched two new national parks spanning across 6.8 million hectares of land with support from the United States Agency for International Development (USAID).

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Prefabricated or ISO container – which way for ultimate data centre flexibility?

By Jos Baart, Vice President Sales & Marketing, Flexenclosure

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Angola’s fiscal performance has been in-line with the 2016 Budget

The Ministry of Finance of the Republic of Angola (“Angola”) (Ba3 / B / B+), is pleased to publish an update on its budgetary performance and certain other key performance indicators.

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Africa’s TFTA: An Exercise in Economic Integration

Introduction

The Tripartite Free Trade Area (TFTA) was launched on 10 June 2015 in Egypt when the representatives of 26 governments accepted the tenets of the free trade area. This created the largest free-trade zone in Africa, reaching from Egypt to South Africa (BBC, 2015). This article will investigate the TFTA, its challenges and benefits to Africa, and how it will manifest in the larger global context.

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Luanda est classée 2ème, Johannesburg 205ème et Le Cap 208ème selon l’Enquête sur le coût de la vie (Cost of Living Survey) de Mercer

Malgré les marchés mondiaux volatiles et les problèmes de sécurité toujours plus préoccupants, les organismes continuent à tirer parti de stratégies d’expansion mondiale afin de rester concurrents et de croître

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Luanda 2nd, Johannesburg 205th and Cape Town 208th According to Mercer’s Cost of Living Survey

Despite volatile global markets and growing security issues, organizations continue to leverage global expansion strategies to remain competitive and to grow

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Angola: Illegal Wildlife Trade Higher Than Arms Smuggling

United Nation’s Environment Programme (UNEP) and Interpol has revealed through a report on Environmental Crime that inability to prevent and halt wildlife/environmental crime will make it impossible to achieve the Sustainable Development Goals (SDGs).

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Quantum Global acquires land in the Planalto region of Angola

The Government of Angola has leased 80,000 hectares of plantation land to Quantum Global

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Africa bright spots defy doubters with resilience to lower oil and commodity prices

By Edward George, Head of Research at Ecobank International

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Posted in African News, Angola News, Ethiopia News, Kenya News, Mag, Mozambique News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Rwanda News, Tanzania News | Leave a comment

Quantum Global Group Announces Regional Expansion Plans in Africa and the Middle East

New Representative Office in Dubai to Serve as a Gateway for Regional Investors to Africa

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Hotel development in Africa jumps 30% to 64,000 rooms

Resilient continent continues to attract investors – Angola surges ahead

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Posted in African News, Algeria News, Angola News, Egypt News, Ethiopia News, Kenya News, Libya News, Mag, Morocco News, Nigeria News, Senegal News, South Africa News, Togo News, Travel, Tunisia News | Leave a comment

The Government of Angola is aware that the high reliance on the oil sector represents a vulnerability to the public finances and the economy more broadly.

The sustained efforts over many years to promote economic diversification have already resulted in a significant increase in the contribution of the non-oil sector to GDP to 69,1% percent today, compared to 40 percent in the mid-80s. However, the oil sector still represented over 95% percent of export earnings and 52% percent of government revenue in 2015.

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