Angola

Analysts at the Economist Intelligence Unit (EIU) expect 2024-2025 to be a period of relative stability of the Kwanza against the US dollar, due to the “cushion” of foreign exchange …

Saudi Arabia Strengthening Ties with Africa; Geopolitical Expert Discusses Strategic Vision on Business Africa. Recently, Riyadh hosted the inaugural Saudi Arabia-Africa summit, witnessing the participation of various African heads of …

Global organization the International Monetary Fund (IMF) forecasts a 3% growth for Angola’s economy in 2024. In a report titled, ‘Regional Economic Outlook on Sub-Saharan Africa: A Light on the …

Independent energy company Afentra has received approval from Angola for the acquisition of stakes in Block 3/05 and Block 23 from the country’s National Oil Company Sonangol. Under the agreement, …

Testing, inspection and certification company SGS has announced plans to increase its investments in Angola’s mining and agriculture sectors, aligning with the Angolan government’s call for economic diversification. The company …

Morocco’s national airliner Royal Air Maroc is set to resume flights to Angola due to the southern African country’s tourism potential and improved business environment. Flights to Angola’s capital city …

Angolan Monarch of Bailundo Honors Ancestral Ties with Visit to Rio’s Quilombo do Camorim In a poignant journey, the King of the Bailundo Kingdom in Angola, Tchongolola Tchongonga Ekuikui VI, …

French multinational TotalEnergies and Angola’s national oil company (NOC), Sonangol, have signed an agreement to co-launch an initiative aimed at accelerating the decarbonization of Angola’s oil and gas industry and …

Amid efforts to diversify the economy while increasing oil and gas production, Angola has instituted a series of ambitious measures to attract investment. This strategic investment approach has not only …