Africa’s Richest Man Seeks Concession of 100,000 Hectares of Arable Land for Sugarcane and Rice Cultivation in Angola
24/03/2025The multisectoral mission of the Government of Angola to Lagos concluded last Thursday, March 20th, which allowed for the exploration of business opportunities and the promotion of Public-Private Partnerships with Nigeria’s Dangote Group. According to the Embassy of Angola in […]
Banco Sol One Step Away from Bankruptcy
14/03/2025Banco SOL is fighting for its survival. The bank’s financial and operational situation can be compared, in human terms, to a patient in a vegetative state, according to O Telegrama. According to the source, there is only one immediate mechanism […]
AfDB Allocates USD 200 Million for the Lobito Corridor
03/07/2025The African Development Bank (AfDB) has made available USD 200 million for investments in agricultural value chains in the eastern region of the Lobito Corridor. The AfDB representative in Angola, Pietro Toigo, stated that the amount is part of the […]
Angola Spent $30.3 Billion on Simplified Procurement Between 2018 and 2024
According to the leader of UNITA, “marginal” processes that bypass genuine public procurement standards are “creating new millionaires and new monopolies,” a phenomenon he sees as reflecting “corruption now taking on new forms and methods.” The president of UNITA stated […]
KPMG Fined $3.37 Million in the U.S. and Other Countries for Audit Failures
The PCAOB (Public Company Accounting Oversight Board) has fined KPMG $3.37 million. The PCAOB imposed the fine due to failures in audit and monitoring processes across nine global offices. The measure covers the company’s offices in various countries, including Canada, […]
