All News

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Africa prepares oil bank to avoid dependence on foreign financiers

The African Organization of Petroleum Producers (APPO) is preparing plans to establish the African Energy Bank to finance oil and gas operations in Africa and avoid external financing limitations.

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ACP Parliamentary Delegation in Angola

A delegation from the Parliamentary Assembly of the Organization of African, Caribbean and Pacific States (AP-OEACP), headed by its President, the Mozambican Rita Geremias Sithole, met with the Angolan head of state, João Lourenço, to discuss issues within the scope of the attributions of that intercontinental organization.

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Tax collection in Angola grows 40%

The General Tax Administration (AGT) of Angola raised 24.3 million euros in the financial year of 2022, corresponding to a growth of 40% compared to 2021.

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ENDIAMA could reach 4 billion dollars

Angola's National Diamond Company (ENDIAMA) plans to double its contribution to the sector over the next two years, increasing revenue from the current two billion to four billion dollars.

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Egypt's trade with African countries reaches more than two billion dollars

The Egyptian Minister of Trade and Industry, Ahmed Samir, announced that trade with African countries totaled US$2.117 billion in the first quarter of this year.

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Exports from the Moroccan automotive sector increase by 44%

Automotive industry exports from the Kingdom of Morocco reached US$3.4 billion in the first three months of 2023, according to data from the Office d'Echange (OE) of Morocco.

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