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African Central Banks weigh policy options amid Trump’s tariffs

African Central Banks weigh policy options amid Trump’s tariffs

Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the impact of US President Donald Trump’s new tariff proposals and their domestic influences on their economies and inflation....

Portugal committed to infrastructure in Angola has 2.5 billion to restore historical monuments

Portugal committed to infrastructure in Angola has 2.5 billion to restore historical monuments

Reiterating Portugal's commitment to continuing its collaboration with Angola in the infrastructure sector, the Portuguese diplomat also stated that Portugal is committed to fostering professional training opportunities for Angolans, especially...

Zimbabwe now 5th largest economy in Sadc

Zimbabwe now 5th largest economy in Sadc

Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activities—particularly those in the informal sector...

ATIDI: De-Risking Africa’s Growth Trajectory Through Innovation, Impact and Integration

ATIDI: De-Risking Africa’s Growth Trajectory Through Innovation, Impact and Integration

15 Jul, 2025 As Africa’s leading provider of credit and investment insurance, the African Trade & Investment Development Insurance (ATIDI) continues to shape the continent’s economic trajectory. Under the stewardship of CEO Manuel Moses, the...

Angolan NGOs say rising fuel prices are worsening social inequalities

Angolan NGOs say rising fuel prices are worsening social inequalities

In the note, issued on Saturday, the organizations Associação Upangue, OMUNGA, Friends of Angola, FORDU and ALDA, state that this is "the second withdrawal of fuel subsidies in a short space of time" and warn of "the disproportionate impact [of...

About two-thirds of Angolan Aug cargoes trade

About two-third of Angola’s August cargoes have been sold, traders said on Thursday, while Nigeria’s Dangote refinery was heard to be taking five domestic cargoes in August. About 11 or 12 Angolan cargoes are still available for August, a trader...

The UAE is no longer a financial risk in Europe’s eyes, here is what that really means

The UAE is no longer a financial risk in Europe’s eyes, here is what that really means

In July 2025, the EU Parliament delisted the UAE from its high-risk list, after FATF grey listing in 2022 and EU designation in 2023/ (Representative Image) Delisted: The EU has formally removed the UAE from its high-risk AML/CFT list after...

At Diocesan Pastoral Week in Angola, Catholic Bishop Urges Constructive Criticisms “even if they concern the Bishop”

At Diocesan Pastoral Week in Angola, Catholic Bishop Urges Constructive Criticisms “even if they concern the Bishop”

“The hierarchy exists to serve the people. It only has value as long as it is in service to those from whom it comes,” the Catholic Church leader said. Set to conclude on Sunday, July 13, the Diocesan Pastoral Week aimed to foster deeper...

Angola has already collected 3.6 billion kwanzas in non-oil revenues in the first half of 2025

Angola has already collected 3.6 billion kwanzas in non-oil revenues in the first half of 2025

According to the chairman of the board of directors of the General Tax Administration, José Leiria, non-oil tax revenues "are in line with what is forecast in the General State Budget". "And our perspective is to continue working so that, with...

The Latest: Brazilian President Lula threatens to suspend economic deals over Trump’s 50%...

The Latest: Brazilian President Lula threatens to suspend economic deals over Trump’s 50%...

Trump cited what he called unfair treatment of Brazilian former President Jair Bolsonaro, who is on trial accused of trying to overturn his 2022 election loss, as he announced the new 50% duties on import goods from the South American nation,...

Parlamento Europeo aprueba incluir a Venezuela como país de alto riesgo de lavado de dinero y financiamiento al terrorismo

Parlamento Europeo aprueba incluir a Venezuela como país de alto riesgo de lavado de dinero y financiamiento al terrorismo

Por Mauricio Torres, CNN en Español El Parlamento Europeo aprobó este miércoles incluir a Venezuela en la lista de países y territorios que la Unión Europea (UE) considera de “alto riesgo para el lavado de dinero y el financiamiento al...

Angolan Diamond Leaders Endiama and Sodiam Join the Natural Diamond Council. De Beers Group Commits Additional Investment to Jointly Promote the Natural Diamond Industry.

Angolan Diamond Leaders Endiama and Sodiam Join the Natural Diamond Council. De Beers Group Commits Additional Investment to Jointly Promote the Natural Diamond Industry.

HONG KONG SAR - Media OutReach Newswire - 7 July 2025 - Angola's two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to generic category marketing by joining the Natural...

As documentary studios close their doors, purpose-driven filmmakers seek new financial models

As documentary studios close their doors, purpose-driven filmmakers seek new financial models

When the documentary "Trouble the Water," a New Orleans-based film about Hurricane Katrina, was nominated for an Oscar in 2008, the landscape for nonfiction motion pictures was different. Even by 2020, when the locally produced film "Time" was...

RCC cites financial woes for delays in Uis-Henties Bay road project

The Roads Contractor Company (RCC) said the tarring on the Uis-Henties Bay Road experienced delays due to financial challenges. The Uis-Henties Bay road upgrade repeatedly experienced delays. Last year in June, the former Minister of Works and...

Marriott signs deal for first Sheraton in Angola

Marriott signs deal for first Sheraton in Angola

Marriott International will open its first Sheraton Hotels and Resorts property in Angola following the signing of an agreement with the Angola Sovereign Wealth Fund (FSDEA). The new Sheraton Luanda hotel is scheduled to open in early 2026,...

"Great economic potential in Africa": five African leaders have lunch with Trump

"Great economic potential in Africa": five African leaders have lunch with Trump

US President Donald Trump opened his White House lunch with African leaders, says "there's a lot of anger on your continent." The surprise meeting with the leaders of Liberia, Senegal, Gabon, Mauritania and Guinea-Bissau comes as the Trump...

EU finances new actions in Angola with emphasis on the Lobito Corridor

EU finances new actions in Angola with emphasis on the Lobito Corridor

The agreements were formalised this Tuesday in Luanda, within the scope of the 4th Call for Proposals of the EU-Angola Dialogues programme, an initiative launched in 2019 that aims to strengthen institutional partnerships, promote sustainable...

8 Countries Provide 44% Financial Buffer For  Africa Energy Bank Kick Off

8 Countries Provide 44% Financial Buffer For Africa Energy Bank Kick Off

As the Africa Energy Bank (AEB) prepares to officially launch operations, eight countries have collectively provided a significant financial buffer, contributing 44 per cent of the required minimum contributions for the bank. The AEB, IS a $5...

Russia sees Africa as great coal shipments market

Russia sees Africa as great coal shipments market

(MENAFN) Russia sees Africa as a promising market for its coal exports, potentially becoming the third-largest destination after China and India, according to Deputy Energy Minister Dmitry Islamov in a TASS interview. With Africa’s population...

Luanda to Host Major Africa Tourism-Aviation Conference

Angola’s capital will convene the 2nd UN Tourism and International Civil Aviation Organization (ICAO) Ministerial Conference on Tourism and Air Transport in Africa from 22–24 July 2025. The high-level forum, co-organized by the Angolan government,...

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