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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...

President Joao Lourenço’s economic miracle in Angola

By NJ Ayuk In 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...

Angola set to attract more foreign direct investment into oil and gas, partially privatize Sonangol by 2022

Government reforms in oil sector including at national oil company SONANGOL already yielding positive results, with 30 percent of the company set to be privatized by 2022; Sector reforms to be backed up by an investment...

Russia-Africa summit: Key highlights on geological exploration cooperation

The Russia-Africa summit in Sochi has come to an end with a sea of African leaders and the Russian elite, including President Vladimir Putin in attendance. Below are the key takeaways by top stakeholders...

Key conclusions for Russian–African collaboration in the diamond Industry

The Russia-Africa summit in Sochi has come to an end with a sea of African leaders and the Russian elite, including President Vladimir Putin in attendance. Below are the key takeaways by top Russian...

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.

Re-emerging oil-rich Angola hosts major oil & gas conference under President João Lourenço

República de Angola, as the Republic of Angola is known in Portuguese, has always been abundantly blessed by nature.  The west-coast country of south-central Africa, which...
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SHOCKING: Uganda’s queen of Katwe star Nikita Pearl Waligwa dead at 15

Nikita Pearl Waligwa is dead. The teenage actress who starred in the popular chess prodigy movie...
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BREAKING: Pompeo travels to Angola to deepen ties with oil rich African nation

U.S. Secretary of State Michael Pompeo will travel to Angola February 16-17 to meet with government officials, civil society representatives, and...

Full remarks as Pompeo and Senegalese Foreign Minister Amadou Ba discuss strengthened cooperation, including terrorism in Africa

The United States Secretary of State Michael Pompeo wrapped up his visit to Senegal on Sunday with a joint press briefing...

First case of coronavirus in Africa confirmed in Egypt

The first case of the deadly coronavirus in Africa described as a global threat by the World Health Organization was confirmed...

Nigeria National Assembly joins forces with President Buhari to crush Boko Haram

President of the Nigerian Senate, Ahmad Lawan, said on Sunday that the National Assembly will continue to work with President Muhammadu...
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