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Carrinho Group Strengthens Grip on Angolan Banking with Purchase of BPI’s Stake in BFA

The Carrinho Group, led by Nelson Carrinho, has taken control of three of Angola’s leading commercial banks after its company Congolian Financial SA (CFSA) acquired the 33.35% stake that BPI held in Banco de Fomento Angola (BFA), corresponding to 5,002,500 […]

Livestock farmers call for a tax regime tailored to production costs and cycles

At an auction that registered 452 head of cattle and 288 sheep, with business worth 299.2 million kwanzas, producers are calling for specific tax legislation for the livestock sector, arguing that “high” costs and long production cycles put domestic farming […]

Banco de Fomento Angola becomes the first Angolan bank to establish a correspondent relationship with US-based Citibank

Real Madrid is the world’s most valuable club, Sporting leads the Portuguese ranking

Government admits Sonangol’s financial troubles are holding back fuel supply

Memorandum with IDA secures rice from five thousand smallholder farmers for new Camanongue plant

Moxico agro-industrial unit to process 20,000 tonnes a year and create 150 jobs

 

South Africa Adds the Angolan Kwanza to Regional Cross-Border Payment System

BNA Investigates Charges for Multicaixa Card Renewal

As denúncias apontam o Banco de Comércio e Indústria (BCI) como uma das instituições visadas.

Visa Strengthens Cross-Border Payments in Angola with Visa Direct Expansion

Government Conceals Names of Companies Awarded Direct Contracts, Raising Transparency Concerns

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