Chinese tech giant Huawei announced an investment of more than $60 million in a technology park in Angola. The announcement was made by Chu Xiaoxin, MD of Huawei Angola, after a meeting with Angolan Vice President Bornito de Sousa on August 27.
Huawei said the new facility will be dedicated to training and knowledge sharing in the areas of new technologies. It will be built in the Talatona district in Luanda, the Capital. Inauguration and commissioning are expected for December 2021.
The tech park will have three centers for training Angolan engineers, creating new technologies, and exchanging advanced technological experience. More than 1,500 engineers will receive training in the centers.
“We will train Angolan talents [...] we will support our partners and customers in innovating and developing new technologies [...] With a center of experience, we will bring the most advanced and cutting-edge technologies to the Angolan society,” said Chu Xiaoxin.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Benin allocates $13.5 million to support 365 SMEs under the 2026 PAEB cohort. Authorities target a 40% share of women-led businesses in the...
Egypt and Indonesia each expect to import around 13 million tonnes of wheat in 2025/2026. Egypt’s demand remains structurally high due to population...
Tanzania courts Chinese investors to rebuild a textile sector hit by a near 40% production decline since 2020. The number of operational textile...
Over 80% of Africa’s agricultural land is degraded, limiting productivity gains. Improved crop yields reach only 28% in Africa versus 88% in Asia due...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...