Tag: Angola

TotalEnergies boosts Angola’s oil output with the launch of BEGONIA and CLOV Phase 3

Since assuming office in 2017, President Lourenço has overseen sweeping changes that have revitalized Angola’s energy sector.

The International Monetary Fund (IMF) has revised its growth forecast for Angola in 2025, lowering it from an initial 3% to 2.4%, citing the dual impact of weakening global oil ...

Australian oil and gas company Red Sky Energy has marked a significant milestone by securing a Risk Service Contract (RSC) for Block 6/24, located offshore in Angola's prolific Kwanza Basin. ...

President Joe Biden’s historic trip to Angola marks a pivotal moment in US-Africa relations as he seeks to showcase a $3 billion American investment in the Lobito Corridor, a transformative ...

In the fields of Lunda Norte, Angola, over 160 refugees are growing more than just crops - they are cultivating new lives filled with hope and independence.  Soon, another 110 ...

The Managing Director of the African Development Bank, Dr. Akinwumi Adesina, is calling for an end to loans given in exchange for the continent’s rich supplies of oil or critical ...

Africa is a walking paradox. A land teeming with abundance, blessed with every natural resource imaginable, yet mired in the depths of poverty, corruption, conflict, economic mismanagement, and any human ...

The Ghana cedi is poised to chart a resilient course in 2024, with The Economist Intelligence Unit (EIU) unveiling optimistic projections in its 2024 Africa Outlook Report. According to the ...

Standard Chartered (STAN.L) has disclosed on Friday, July 14 that it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria’s Access Bank, putting into motion a ...