Most Recent News

Italy inks gas supply deals in Angola and Congo-Brazzaville

The Italian government has rapidly finalised its latest deals to secure fresh gas supplies from Africa, which is intended to help replace gas currently piped from Russia. Earlier this month,.

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De Beers Signs 35-Year Diamond Mining and Exploration Contract with Angola

Multinational diamond mining and trading company, De Beers, has signed two investment contracts with the government of Angola to operate in that country. The license, which lasts for thirty-five years,.

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Angola is set for a Reformed Diamond Industrial Sector.

Mining in Angola is an activity with great economic potential.The country has one of the largest and most diversified mining resources in Africa. With diamonds being the second leading export.

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Angola joins the forum of gas exporting countries

Angola has been admitted as an observer member of the Forum of Gas Exporting Countries (GECF), during the group’s 20th ministerial meeting held in Port of Spain, Trinidad and Tobago..

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Eni announces a new oil discovery in Angola

Eni has struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola. The discovery is estimated to contain between 170 and 200 million barrels.

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IMF approves $3.7bn credit for Angola

The International Monetary Fund (IMF) has approved $3.7 billion credit to Angola, the agency said. IMF, in a statement, said the three-year credit, under the Extended Fund Facility, was aimed.

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Angola mulls liberalizing petroleum products import market

The oil sector will soon liberalize, in its entirety, the market for importing petroleum products into the country to oil companies interested in the business. So far, the market opening.

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Angola joins gas exporters’ forum

Angola has joined the Gas Exporting Countries Forum (GECF), local media reported Friday. The country was admitted as an observer during the group’s 20th ministerial meeting in Port of Spain,.

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Angola Cables, Broadband Infraco sign deal to improve internet connectivity in Africa

Multinational telecoms company Angola Cables has signed a Memorandum of Understanding with Broadband Infraco. Broadband Infraco provides extensive regional long-distance network coverage and SADC connectivity. From a South African connectivity.

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Angola, Total launch $16 billion Atlantic offshore oil platform

Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country’s economy that plunged into crisis following oil price dips in 2014..

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