Industry in Angola

  • Ethiopia: Praising Record Feat, Lagarde Emphatic Calling for Reforms

    BOTSWANA, 2018/01/06 The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, is to arrive in Addis Abeba today, to start what is a historic visit by the Fund’s most senior official since its founding next the Second World War. She will be talking to Ethiopian authorities, inclunding Prime Minister Hailemariam Desalegn, on issues of macroeconomic stability and monetary policy matters. In her exclusive interview with (Addis) Fortune, Lagarde praised Ethiopia’s economic performance of the completed few years as “strong” with “positive Prospects”. However, she would like to see Ethiopian authorities exercise restraints in “public spending” while urged them – rather emphatically – to control borrowing from overseas to finance public projects and strengthen export competitiveness.
  • Angola: Cinfotec to Train Over 3000 Citizens in 2017

    ANGOLA, 2017/01/23 The Integrated Centre for Technological Training (Cinfotec) in the year 2017 intends to train and certify about 3,578 citizens, with a view to surpassing the figure completed in 2016, which is 2,578, said last Thursday, in Luanda, the institution's general director, Gilberto Figueira. Deliverying a speech at the ceremony that served to open the 2017 term, Gilberto Figueira said it is fundamental to endow professional with the right competences and tools in areas like electricity, mechatronics, data and communication technologies, and meteorology.
  • Support from China for the industrialisation of Angola and Mozambique

    CHINA, 2016/06/04 Support from China for the industrialisation of Angola and Mozambique has been set as an objective on a government level, as large investments in local production capacity, even additional necessary at a time of economic difficulties, are presently expected. The Forum for China-Africa Cooperation (FOCAC) held in December 2015 in Johannesburg set the goal to shift Chinese industries to Africa, a subject that was discussed once again during the recent visit by Mozambican president, Filipe Nyusi, to Beijing, inclunding at the same time as his Angolan counterpart was in Beijing.
  • SME Expel Over 1000 Foreigners for Illegal Stay in Angola

    ANGOLA, 2014/12/11 The Migration and Foreigners Services (SME) expelled on November 27 to December 3 this year, at least 1.610 foreigners of various nationalities for illegal remain in the country. A source from the Interior Ministry informed on Tuesday to Angop that the figure represents additional 516 expatriates compared to the previous period, stressing that citizens were expelled from the country by administrative and legal proceedings.
  • India and China re-launches Angola’s diamond industry

    CHINA, 2013/08/15 Angola’s diamond industry is recovery from a long recession due to “strong request” from China and India, according to the Economist Intelligence Unit. “Diamonds will continue to be the second major source of exports, although on a small scale compared with oil exports,” said the EIU in its July statement in Angola. Diamond exports of around 8 million carats per year are expected to increase in the next two years, “as new mines explored by South Africa’s De Beers and Russia’s Alrosa start production,” it said.
  • Portuguese mattress company plans to build factory in Angola

    ANGOLA, 2013/04/23 Molaflex, a Portuguese company specialised in manufacturing mattresses, plans to overcome the financial crisis in its major markets – Portugal and Spain – by entering other markets such as Angola, where it plans to build a factory, the company’s managing director said.
  • Angola asks India to help develop the jewellery industry

    INDIA, 2013/04/22 Angola’s ambassador in India, Manuel Eduardo Bravo, has asked India to help develop the Angolan jewellery industry and train human resources involved in that activity. The request was presented during a Wednesday conference with India’s Minister of Mines, Dinsha Patel, with whom the ambassador examined the national of cooperation between the two nations in the area of geology and mines.
  • Angola: Textile Factory to Hold First Tests in December 2012-10-30

    ANGOLA, 2012/10/30 Angolan minister of Industry, Bernarda Henriques da Silva said Wednesday in Luanda that the first tests for the functioning of the textile factory "Textang II" will start in December this year, with Angolan technicians working alongside Japanese.Bernarda Henrique da Silva said so during her first visit to the factory, having stated that the rehabilitation works are in evolution and that the established deadline is being fulfilled.