Angola

KEY POINTS Declining reserves and aging infrastructure: Angola’s oil production dropped from 1.9 million bpd in 2015 to 1.4 million bpd in 2022; urgent upgrades are needed. Opportunities in Offshore …

Angola’s finance minister, Vera Daves de Sousa, announced concerns over the economic impact of potentially lower oil prices, noting the country’s reliance on crude revenue and ongoing phase-out of fuel …

The US has reaffirmed its commitment to supporting economic development in Angola by increasing investment in the Lobito Corridor project. This vital infrastructure initiative aims to connect the Democratic Republic …

Angola is preparing to launch an initial public offering (IPO) for Unitel, its biggest telecommunications company, in 2024. The move is part of the country’s efforts to diversify its economy, …

Angolan billionaire Isabel dos Santos has dismissed the latest criminal charges against her as politically motivated and part of a campaign to prevent her from running for the presidency. The …

Angola, one of Africa’s largest oil producers, has announced its departure from the Organization of the Petroleum Exporting Countries (OPEC) after a dispute over its output quota. The move could …

Isabel dos Santos, the daughter of Angola’s former president and once Africa’s richest woman, has suffered a major setback in her legal battle with the Angolan government, which accuses her …

Angola is looking for a partner to operate its new $3 billion international airport in Luanda, the capital city, for up to 40 years. The tender, which opens on Friday, …