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Angola

Plane Power: How Software and Jet Engine Tech is Helping Angola Leapfrog into the Digital Age

Available capital isn't the only obstacle to economic growth in Sub-Saharan Africa. Another major hurdle is the lack of reliable electricity. In fact, large parts of the region have no power at all. This makes it hard for entrepreneurs to build businesses, create jobs and generate wealth. But things are changing. This week, Angola, Africa's third-largest economy, signed a deal with GE to supply the final 200 megawatts (MW) of power needed to meet the government's goal of installing 1 gigawatt (GW) of new power generation capacity by the end of 2018.

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Angola: Cinfotec to Train Over 3000 Citizens in 2017

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 achieved 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, information and communication technologies, and meteorology.

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Huambo - Central Bank Governor Announces Ombudsman Service for Banking Sector

An Ombudsman Service for the banking sector is to be created soon in the National Reserve Bank (BNA)'s branch office in the central Huambo Province, with a view to assisting customers with presentation of complaints and suggestions about the service and functioning of commercial banks. The announcement was made last Saturday, in the central Huambo Province, by the governor of the National Reserve Bank (BNA), Walter Filipe, who explained that the Ombudsman Service for the banking sector will be an institution focused on the defence of consumers in the banking sector.

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Egyptian Entrepreneurs Want to Invest in Angola

At least 100 entrepreneurs with stress to the sectors of furniture, agro-industry and fisheries from the Egypt's coastal province of Damietta have expressed interest to invest in Angola and establish partnerships with Angolan counterparts. This is contained a press note from the Angolan Embassy in Egypt. According to the source, the entrepreneurs expressed their availability at a meeting held in Damietta city with the Angolan ambassador to Egypt, António da Costa Fernandes, sponsored by the local Chamber of Commerce. The Angolan ambassador spoke of the existing potential in the underground, seas, infrastructures as well as business opportunities. He also mentioned the incentives the country offers to the foreign investors interested in business partnership with Angolan counterparts.

Read More: Inspirational African Women: Sarah Munyiva

In his turn, the Damietta provincial governor, Ismael Abd Elhmid, said that of all institutional support is available so that the intention can be initiated without delay. The Angolan Embassy in Cairo will undertake the role of intermediate between the Egyptian and Angolan business people. The head of the Chamber of Commerce announced the holding of a workshop this month to select the local entrepreneurs who will qualify for exploitation of business opportunities in Angola, in the fields of timber exploitation, manufacturing of different furniture, fishing boats and agro-industry.
 
Source: All Africa

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