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Pan-African Development Fund approved

The Board of Directors of the African Development Bank (AfDB) have approved an equity participation of up to USD 25 million in the Pan-African Infrastructure Development Fund 2 (PAIDF 2). PAIDF2 is a private equity fund that will invest in projects...

Russian truck factory in Angola

Russian group Kamaz plans in 2016 to start building a heavy vehicles factory in Angola in order to sell the vehicles in Southern Africa, said Dmitri Tokarev, from the Russian embassy in Angola. Speaking to Angolan newspaper Expansão, Tokarev said...
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Angola delays entry into SADC Free Trade Zone

Angola may only join the SADC Free Trade Zone in 2017 says Rosa Pacavira, Angola’s minister for trade. Pacavira states, “We are drawing up a road map and we will see if, by 2017, Angola manages to join the Free Trade Zone, but for that we will have...