Africa-Press – Angola. The news about Angola’s export of around 103.1 million barrels of crude oil in the 4th quarter of 2023, valued at 8.63 billion dollars (one dollar is worth 828.157), appears in the highlighted economic articles in the week that ends Saturday.
According to the Secretary of State for Oil and Gas, José Barroso, who was speaking at the presentation ceremony of the achievements of the 4th quarter of the crude oil market, highlighted that China was the main destination for Angolan crude oil exports, with 52.82 %, followed by Spain with 8.49%, the Netherlands and India with 6.63% and 6.49%, respectively.
José Barroso said that preliminary data for 2023 shows a total of 386.42 million barrels of crude oil exported, a weighted average price of 81.3 USD/BBL, which corresponds to a gross value of approximately 31.4 billion dollars , with China being the main export destination of the year, with around 57%.
In the sector, another highlighted approach was the announcement by the National Oil, Gas and Biofuels Agency (ANPG) of the winners of the Public Competition for the Lower Congo and Kwanza Onshore Basins.
In the document, the ANPG says that in relation to the blocks, with the absence of an operator, the company Enagol was classified as Non-Operator, with a participation interest of 10% in blocks CON 7 and KON 7, making 90% available to companies. participatory interest in both blocks.
For Block KON 15, with unsatisfactory proposals, the company Sonangol qualified as Operator, with a participation interest of 40%, and the company Afentra as Non-Operator with 45%.
It was also highlighted this week that Angolan technology, used in the provision of services in the mining sector, with a focus on national staff, is included in the main samples to be taken by the company Geosondas at Mining Indaba 2024, the largest mining investment event in Africa.
The information was provided by the executive director of Geosondas SA, Judsi de Sousa Calado, highlighting that the company wants to demonstrate Angola’s potential to mobilize partners and investors at the event to be held in South Africa, from the fifth to the eighth of February.
It was also highlighted in the economic news of the week that the year-on-year variation rate of the Construction Materials Price Index (IPMC), from December 2023, in relation to the same month in 2022, stood at 18.4%, indicates the National Statistics Institute (INE).
The information is contained in the “Quick Information Sheet”, with the monthly results of the Construction Material Price Index (IPMC) for the month of December 2023, released by INE, highlighting that the index registered a variation of 2.6% in December, compared to November 2023.
With this variation, there is an increase of 0.7 percentage points compared to the previous month.
The economic area also announced the inauguration of a photovoltaic solar system, with capacity to produce 40,260 kilowatts of energy per year, located in the municipality of Cubal, province of Benguela, to supply the local butane gas filling installation.
The structure, budgeted at 250 thousand dollars (one dollar is equivalent to 831.50 kwanzas), has 51 photovoltaic panels installed, a containerized unit that includes an inverter and a battery storage system with autonomy to operate 24/24 hours.
It was also highlighted that the more than 400 billion Kwanzas in losses that the National Electricity Distribution Company (ENDE) recorded in 2023, with vandalism and theft of equipment from the country’s technical energy network.
The information was provided by the director of ENDE’s Communication, Marketing and Institutional Relations office, Lauro Fortunato, in a brief review of 2023.
The spokesperson revealed that, last year, 60 thousand meters of cables, 300 distribution cabinets on public roads, 65 high voltage towers and 61 transformation stations (PT) were stolen, vandalized throughout the national territory.
In the banking sector, it was mentioned that bank transactions, carried out on Friday and Saturday morning, will have the values reflected in the beneficiaries’ bank accounts the following day, through the Real Time Payment System (SPTR) 24 /7.
According to the National Bank of Angola (BNA), in a note published on its website, the BNA states that the transfers to be reflected are from branches and remote channels (mobile and internet banking) of the banks.
In the document, the BNA explains that in October 2022 the first phase of the 24/7 Real-Time Payment System (SPTR) went into production, which allowed beneficiaries of transfer operations and payments made using a Multicaixa debit card , the values relating to those operations will be reflected on the next day, in their bank accounts.
In the same vein, it was announced that two hundred new machines that allow payment, deposit of money and opening of a bank account will be installed throughout this year, in the 18 provinces of Angola, with a view to gradually making banking services available and bringing closer to citizens.
The company’s ‘Innovation Makers’ initiative, in partnership with EMIS and commercial banks, falls within Notice No. 18/2022 of the National Bank of Angola (BNA), which obliges banking institutions to provide financial products and services , in all municipalities, through a service point, for example.
In another matter, it was highlighted that attracting private investment, national and foreign, for the implementation of projects in the field of food security, constitutes the main priority of the new president of the Board of Directors (PCA) of the Private Investment and Promotion Agency of Exportations (AIPEX), Arlindo das Chagas Rangel.
In a brief statement to the press on Thursday, on the sidelines of his inauguration ceremony, he explained that this objective stems from the Executive’s recommendation to direct “private investments towards food security, without neglecting other areas of investment opportunities in the country”.
At the event presided over by the Minister of State for Economic Coordination, José de Lima Massano, the new president of AIPEX said that the agency will continue to be the facilitator for national and foreign investors.
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