EU-Angola investment pact starts
The EU-Angola Sustainable Investment Facilitation Agreement (SIFA) officially came into force on Sunday, marking…
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Angola
Chinese investment boosts African energy sector
Chinese foreign direct investment (FDI) in Africa surged to $21.7 billion in 2023, largely driven by initiatives…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
TotalEnergies advances development of Angola’s $6b Kaminho oil project
TotalEnergies is moving forward with the advancement of the Kaminho oil project 100 kilometers off the coast of…
Italy’s Saipem secures $3.7b Angola contracts
Saipem has secured contracts worth $3.7 billion with a subsidiary of TotalEnergies to undertake work on Angola's…
Angola to boost offshore production incentives
Angola's President Joao Lourenco is poised to greenlight a law by June, introducing fresh incentives to foster…
Baker Hughes to establish new liquid mud plant in Namibia
Baker Hughes, an energy technology company, is set to establish a new liquid mud plant and a separate assembly,…
OPEC+ expresses excitement over Namibia partnership
The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia…
Angola aims to re-enter international bond markets in ’24
Angola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister Vera…
Africa Energy Bank to start operating in ’24
The proposed Africa Energy Bank, focusing on oil and gas investments continent-wide, plans to commence operations…
