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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 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...

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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BREAKING: President Julius Maada Bio of Sierra Leone lifts ban on pregnant girls attending school

Sierra Leone announced on Monday that the 2010 government decision preventing pregnant girls from attending school and...
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BREAKING: Governor Seyi Makinde of Oyo state in Nigeria tests positive for coronavirus

Governor Seyi Makinde of Oyo State in Southwest Nigeria has tested positive for coronavirus.Makinde said he was...

BREAKING: Another person dies from COVID-19 in Nigeria lifting total death toll to 2 from 111 infections

A second person has died from COVID-19 in Nigeria, bringing the total death toll in Africa's most populous country to two,...

BREAKING: Facebook invests $100 million to support the news industry through COVID-19 pandemic

CEO Mark Zuckerberg announced on Monday that Facebook will invest $100 million to support the news industry through COVID-19.

African heads of state set up anti-COVID-19 fund during unprecedented teleconference

African heads of state and government have held their first teleconference amid coronavirus pandemic and set up a $12.5 million anti-COVID-19...
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