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Angola Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Angola Finance.
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Latest Angola Finance News

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  • Oil price falls after US growth disappoints 25 Nov 2009 00:42 GMT
    ... Oil price falls after US growth disappoints By Joshua ... US inventory data expected to show crude stocks rose. A slower recovery from the worst US ... next meet to discuss output policy in Angola on December 22. The group has not ...

  • Infrastructure tops FG's plan for 2010 25 Nov 2009 00:47 GMT
    ... By Gabriel Omoh, Emmanuel Aziken & Inalegwu Shaibu ABUJA ... plans for the country, which vies with Angola as Africa’s biggest oil producer, assume oil ... Makarfi, chairman of the Senate committee on Finance were yet to study the budgetary proposals as ...

  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... with no accountability. Nigeria, Gabon, Congo and Angola all of them Oil exporting countries are ... development with corruption? Why do they ignore investment in agriculture, sanitation, water, health, education, roads ...

  • IMF formally approves US$1.4b for Angola 24 Nov 2009 00:12 GMT
    ... WASHINGTON: The International Monetary Fund said on Monday ... a loan of US$1.4 billion to help Angola cope with the drop in global oil ... in the African nation had said the finance would help the oil-rich southern African country to ...

  • Press Release: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola  24 Nov 2009 01:07 GMT
    ... Board Approves US$1.4 Billion Stand-By Arrangement with Angola Press Release No. 09/425 November 23, 2009 ... adequate level of social spending and infrastructure investment was a key concern of the authorities ...

  • Angola secures $1.4 billion stand-by arrangement with IMF 24 Nov 2009 11:32 GMT
    ... Angola secures $1.4 billion stand-by arrangement with IMF ... adequate level of social spending and infrastructure investment was a key concern of the authorities ...

  • IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola 24 Nov 2009 16:51 GMT
    ... approved a 27-month Stand-By Arrangement (SBA) with Angola in the amount of SDR 858.9 million ... adequate level of social spending and infrastructure investment was a key concern of the authorities ...

  • International Monetary Fund: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola 24 Nov 2009 16:54 GMT
    ... approved a 27-month Stand-By Arrangement (SBA) with Angola in the amount of SDR 858.9 million ... adequate level of social spending and infrastructure investment was a key concern of the authorities ...

  • Report Buyer: Angola: Despite Recession Telecoms Market will Improve, says New Report 24 Nov 2009 14:35 GMT
    ... report providing an overview and analysis of Angola's telecom market, key statistics, profiles of major ... after decades of civil war - foreign investment has multiplied and the mobile market has ...

  • Official calls for expansion of micro-finance 24 Nov 2009 18:34 GMT
    ... Luanda– The national director for Family Affairs, António ... António João, has urged for expansion of micro-finance sector, with view to encourage the small entrepreneurs ... part of the policies for development of Angola. The event was promoted by the Ministry ...

  • Petrol Subsidy is a Waste of Resources - Obi [interview] 24 Nov 2009 04:32 GMT
    ... industry. As we lose our position to Angola as Africa's largest producer of crude oil, ... were granted in 2004 but no significant investment has been made by the promoters and ... impediment to provision of fund needed to finance the development of infrastructure/distribution channels. Other challenges include ...

  • Ruling party youth wing runs talk on independence 24 Nov 2009 12:13 GMT
    ... ran in Toronto city, a talk on “Angola and the history of the conquest of ... Government has created conditions to attract private investment in non-oil sector, seeking the progressive amelioration ...

  • Global oil demand picking up -- study 24 Nov 2009 00:41 GMT
    ... than those available from bank deposits and stocks. CGES said its findings suggest the supply of ... scheduled to meet Dec. 22 in Luanda, Angola, but are not expected to decide whether ... speculative "paper barrels" into other forms of investment can also add pressure on the price, ...

  • Export Council grows membership 24 Nov 2009 10:32 GMT
    ... of market intelligence for telecommunications opportunities in Angola, Mozambique, Zambia, the DRC, Zimbabwe and Botswana. ... arranged eight export training workshops, an enterprise investment programme, a session on how to conduct ...

  • OPEC will maintain oil prices stability - Venezuela 24 Nov 2009 19:16 GMT
    ... ALGIERS, Nov 24 (KUNA) -- Venezuelan Minister of Energy ... meeting that will take place in Luanda, Angola, in December. Ramirez, on the sidlines of ... 2010, according to economic data and oil stocks in each country and market conditions. Minister Ramirez ...

  • Index shows rampant corruption in Africa 24 Nov 2009 06:50 GMT
    ... Published in: Legalbrief Africa Date: Mon 23 November 2009 ... or less included resource-rich countries such as Angola, the DRC, Guinea, Chad and Sudan. 'According ... TI's graft index. Former Mozambican airports company finance director Antenor Pereira, a defendant in the trial, ...

  • The Madness Returns 24 Nov 2009 04:31 GMT
    ... The outbreak of Palin-mania follows the right-wing enthusiasm over ... deadlines slip – and especially allowing Senate Finance Committee Chairman Max Baucus to dilly-dally by negotiating ... beefed-up U.S. military and from Nicaragua to Angola to Afghanistan. To present such a black-and-white ...

  • Heritage Oil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:34 GMT
    ... sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, Mozambique and the Republic of ... sale recognized "the very large multibillion dollar investment which is required to develop the Albert ...

  • HeritageOil to sell Ugandan fields to Italy's Eni 24 Nov 2009 04:35 GMT
    ... sub-Saharan Africa. It also has interests in Angola, Nigeria, Gabon, Mozambique and the Republic of ... sale recognized "the very large multibillion dollar investment which is required to develop the Albert ...

  • Weak demand for packaging from industries deals blow to Nampak 24 Nov 2009 06:04 GMT
    ... the past year, bringing its total capital investment over the past five years to R5,6bn. ... still under way was Nampak’s factory in Angola, which would cost about 140m-150m in total ...

  • Most 'orphans' have a living parent, says charity 24 Nov 2009 15:21 GMT
    ... that the ministry has commenced negotiation with Angola Dutch Shell on five of its Oil ... by the government to follow through on investment commitments in partnerships with the oil companies. ...

  • U.S.$80 Billion Chinese Investment Package Hailed 20 Nov 2009 13:48 GMT
    ... Harare — Zimbabwe's economy is set for turnaround following the huge investment package - worth US$8 billion -- unveiled by a Chinese-Angolan joint venture company, China Sonangol. Reserve Bank of Zimbabwe Governor Dr Gideon Gono on ...

  • Angola sees oil revenues up at $16.6 bln - budget 20 Nov 2009 10:15 GMT
    ... LUANDA, Nov 20 (Reuters) - Angola's oil revenues from taxes and fees charged ... The draft budget is published on the finance minister's website: Taxes and oil concession fees charged ...

  • Angola head urges action on graft 21 Nov 2009 23:54 GMT
    ... Angola's President Jose Eduardo dos Santos has called ... Angola is Africa's biggest oil exporter, and investment from China has helped the economy make ...

  • US$80bn Chinese investment package hailed 19 Nov 2009 22:42 GMT
    ... Zimbabwe’s economy is set for turnaround following the huge investment package – worth US$8 billion — unveiled by a Chinese-Angolan joint venture company, China Sonangol. Reserve Bank of Zimbabwe Governor Dr Gideon Gono on ...


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