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Angola: African Development Bank approves $165 million for economic diversification

The Board of Directors of the African Development Bank Group on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability.

Russia signs rail sector deal with Angola at Russia-Africa summit in Sochi

Russia and Angola have signed a rail sector cooperation agreement at the first ever Russia-Africa summit holding in Sochi.TMH, the Russian railways, EXIAR – the Russian Agency for Export Credit and Investment...

GE Healthcare appoints Maria do Rosario Boavida as country leader for Angola

GE Healthcare has announced the appointment of Maria do Rosario Boavida as the Country Leader for Angola. Maria is the first Country Manager for GE Healthcare in Angola. Based in Luanda, she will lead the market...

General Electric appoints Jaime Morais as Angola country leader. He’s also Africa’s government affairs leader for Central and Francophone Africa

General Electric has announced the appointment of Jaime Morais as the Country Leader for GE in Angola. In this position, Jaime will play a pivotal role in steering the next phase of strategy and growth for...

Angola launches six year licensing cycle for 10 oil blocks

Africa's oil-rich country of Angola on Wednesday launched the first phase of its six-year oil licensing strategy covering 10 blocks, including blocks 11, 12, 13, 27, 28, 29, 41, 42 and 43 in the Namibe...

American businesses urged to re-engage and re-invest in the Angolan oil market

Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector.

U.S.-Angola strengthen economic ties

The United States and Angola have strengthened their economic ties following the visit of Deputy Secretary of State John J. Sullivan to the African country.Secretary Sullivan met...

Oil: What Angola can learn from Nigeria

By NJ AyukWith production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot...

President Joao Lourenço’s economic miracle in Angola

By NJ AyukIn December, I was accompanying OPEC Secretary General Mohammed Sanusi Barkindo and Africa Oil and Power CEO, Guillaume Doane on...

Oil-rich Angola set for economic recovery after major reforms

Angola's economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investments.Angola was one of...
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Nigerians sweep Jack Ma Foundation’s $1 million awards to 10 African entrepreneurs

Nigerian Temie Giwa-Tubosun, founder and CEO of LifeBank company, on Saturday night won the first prize...
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I’m a patriot – Nigeria Senate President Ahmad Lawan

The President of the Nigerian Senate, Ahmad Lawan, has said the ninth National Assembly has consciously chosen to unite in the...

Nigeria in such a bad shape activists write International Criminal Court to probe election violence in Kogi/Bayelsa

Socio-Economic Rights and Accountability Project (SERAP) has asked the International Criminal Court (ICC) “to investigate whether the persistent crimes of corruption,...

Op-ed – Money politics and Nigeria’s delicate delicacy – Abiodun Komolafe

I have written a few weeks back about the lamentation of the 14th Emir of Kano, Alhaji Lamido Sanusi II. However,...

As Pompeo announces new U.S. military strategy in Africa, this is what I think -Scott Morgan

The current struggle against the Islamic State (IS) is shifting fronts. No longer will the major campaign take place against the...

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