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Angola

New Luanda Airport Starts Operating in 24 Months' Time

The new Luanda International Airport, which is being built since 2007 in Bom Jesus commune, Icolo e Bengo Municipality, is scheduled to be ready for inauguration and full operations in 24 months' time, disclosed last Saturday the Transports minister, Augusto Tomás. Speaking to the press, on the fringes of the assessment visit of the Head of State, João Lourenço, to the said airport works, the Transports minister disclosed also that the undertaking is at about 57.5% completion stage, adding that by the end of the year 2019 the infrastructure should be ready to start operations.

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Angola: Industry Sector Must Follow Agriculture Growth - Minister

The Industry sector has to prepare to follow the pace of the probable growth of the agricultural sector, by creating factories to transform the field products. The statement was made by the Minister of Industry, Bernarda Martins, to Angop on Wednesday, in the framework of the opening ceremony of the Agricultural Campaign 2017/2018, held in Catchiungo municipality, Huambo province. Reacting to the challenge launched by the Angolan President, João Lourenço, according to which the industrial sector must create strategies for the emergence of agricultural processing plants, the minister said that it is necessary to channel more investments to the sector to respond to this programme.

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Fábrica de Sabão: An old soap factory turned co-working space in Luanda slum

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Fábrica de Sabão (Portuguese for soap factory) is a co-working space and innovation hub located in one of the largest slums in Angola’s capital Luanda. The building, once an old soap factory, has been refurbished and is now lined with old shipping containers which have been turned into offices, workshops, meeting rooms and a market place where products made at Fábrica de Sabão are sold. The hub also functions as a start-up incubator, where entrepreneurs can draw on the knowledge and expertise of partners and affiliates at the workspace, together with receiving peer-to-peer mentorship, training and access to networking opportunities.

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Investing in port infrastructure in Angola

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Jean-Claude Bastos de Morais, the  founder and chairman of the Advisory Board for Quantum Global Group, talks about the Port de Caio project (POC), how it will benefit the surrounding community and Angola as a whole, and his involvement in it as a majority shareholder.

How long has the POC project been going on for?

The port has been under development for close to 10 years during which time the port concept was both expanded and altered to reflect current market realities. Initially, a group of promoters that included myself and other local Angolans were established to take on the crucial role of port promoter during the critical early development phases.  As the port concept developed, the state became involved in important discussions on legal and financing matters.

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