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About Angola Angola is located in south-central Africa and is known formally as the Republic of Angola. It is surrounded by Democratic Republic of Congo to the north, Zambia to the east, and Namibia on the south. The Atlantic Ocean sits on its west coast. Once of its provinces, Cabinda, borders the Republic of Congo […]
...By Michelle Gavin The pardoning of Hunter Biden raises discomforting parallels as President Biden lands in Angola. President Biden’s sweeping pardon of his son, Hunter Biden, has generated plenty of debate. But the proximity of his decision with his visit to Angola has been largely overlooked. This is a mistake. Angolans know a great deal about the politicization of […]
...In a bid to solidify its position as a key player in the global energy market, Angola has set its sights on ramping up oil and gas production to counter expected natural decline. The country plans to increase oil output to 1.1 million barrels per day (bpd), maintaining this output until 2027. Meanwhile, Angola is […]
...PAC Capital Limited (“PAC Capital”) (www.PACCapitalLtd.com), the investment banking arm of PanAfrican Capital Holdings, is thrilled to announce the successful completion of a US$443 million Acquisition Facility for Etu Energias. This milestone deal involves the acquisition of Galp’s stake in Block 32, Block 14, and Block 14K offshore Angola. This transaction follows the recent completion […]
...With details for Angola’s 2025 licensing round announced earlier this week, African exploration markets are making a push for upstream investment by deploying more attractive terms and offerings for global investors. Angola’s upcoming bid round offers 29 opportunities in hydrocarbon-rich basins, minimizing financial risk for exploratory companies. The process is transparent, efficient, and offers flexible […]
...MSTelcom, a subsidiary of the Sonangol Group, has chosen Emerson (www.Emerson.com) to provide the company’s full automation portfolio for energy and industrial customers in Angola, further advancing the country’s objectives of leadership in hydrocarbon production. Emerson, a global leader in automation technology and industrial software, announced their collaboration aimed at expanding MSTelcom’s ability to provide […]
...By NJ Ayuk By NJ Ayuk, Executive Chairman, African Energy Chamber (https://www.EnergyChamber.org). Africa is witnessing a natural gas drive in Angola that is set to revolutionize the continents natural gas industry. From exploration to production to exports, the Angolan oil and natural gas industry is bustling with new initiatives. This past year alone, international oil […]
...Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering, procurement and construction of 186 bridges and crucially needed enhancements to Angola’s road network. AFC, acting as mandated lead arranger for the commercial tranche, has committed to invest €85 million, combining with […]
...Revise or Reject Bill Undermining Freedom of Media, Expression, Association Angola’s parliament should significantly revise or withdraw a proposed national security law that fails to meet international human rights standards, Human Rights Watch said today. The draft National Security Law passed a first vote in parliament on January 25, 2024. Following specialist committee review, the […]
...During her trip to Angola, Administrator Samantha Power announced expanding partnerships that reflect the deepening relationship between the United States and Angola. At Angola’s Instituto Nacional de Investigação em Saúde (National Health Research Institute) Administrator Power announced that USAID-led U.S. President’s Malaria Initiative (PMI) is expanding geographic coverage for malaria prevention and control activities in […]
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