News Angola: Angola: Fada Credit Boosts Chicken Production in Huíla Province
The Agricultural Development Support Fund (FADA) will finance 800 million kwanzas (USD 1 = 912Kz) to 38 poultry farmers in the province of Huíla who, starting in April of the current year, project placing up to 160,000 chickens on the market every 45 days.
News Angola: Angola: European Union Ambassadors Reaffirm Support for Angola's Blue Economy
Ambassadors from European countries accredited to Angola on Monday reaffirmed their commitment to supporting the development of the blue economy in the country, within the framework of the project "Initiative for a Sustainable and Strategic Blue Economy in Angola", financed by the European Union.
News Angola: Angola: Cuanza-Norte Identifies 63 Tourist Attractions to Diversify the Economy
Ndalatando — The Government of Cuanza-Norte will make better use of 63 tourist attractions to diversify the local economy, announced the provincial governor, João Diogo Gaspar. Tourist attractions ...
News Angola: IFC Backs Trade Finance at Angola’s No. 2 Bank BFA With $30 Million Guarantee
The International Finance Corporation is providing a $30 million trade finance guarantee to Banco de Fomento Angola. The facility will support import-export transactions by covering payment risk for ...
News Angola: CBN, Angola Central Bank Sign MoU to Deepen Regional Financial Cooperation
The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to strengthen cooperation in key areas of central banking, including exchange control, ...
News Angola: Angola and the Atlantic Bridge: A New Chapter for African-American Partnership
Angola is transforming into a strategic partner for the U.S., with major initiatives in green energy, infrastructure, and financial strategies.
News Angola: Angola kicks off six-year licensing cycle with 10 high-potential blocks in the Namibe and Benguela Basins
Angola made another stride today in becoming Africa’s hottest oil & gas frontier by launching the first phase of its brand new six-year oil licensing strategy. The licensing round was launched ...
News Angola: Angola to award 30-year Namibe Corridor railway concession
ANGOLA: The Ministry of Transport has called tenders for a concession to operate and maintain the 855 km Namibe Corridor, which it wants to see run as a ‘competitive, efficient and financially sustainable’ logistics asset.
News Angola: Angola Economic Update - Boosting Growth with Inclusive Financial Development
Angola’s first World Bank economic update report provides a snapshot of the economy and includes a special focus on inclusive financial development as a crucial reform to support higher and more diversified growth.
News Angola: Boosting Growth with Inclusive Financial Development Crucial to Unlock Angola’s Poverty Alleviation Efforts
Angola recorded the highest economic expansion since 2014, with real Gross Domestic Product (GDP) growth reaching 4.4% in 2024. According to the latest edition of the Angola Economic Update (AEU) published by the World Bank Group (WBG) today, titled Boosting Growth with Inclusive Financial Development, this growth was driven by the oil sector’s recovery and diamond extraction, along with strong expansion in commerce and fishing.
News Angola: Angola's Sonangol Raises $750 Million in Debut International Bond trough a Private Placement
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt markets. The 10% bond traded up after launch, signalling ...
News Angola: Top financial analysis software for advisors and RIAs
What is financial analysis software? Nowadays, financial advisors and RIAs rely heavily on technology to manage data and support smarter client decisions. As regulations become stricter, financial ...
News Angola: Africa: World Bank Boosts Support to Enhance Employment Opportunities for 500,000 Young People in Angola
Press Release - The World Bank approved $250 million in financing for the Angola Youth Employment Opportunities Project (AYEOP) to support the Government of Angola to increase productivity and access to employment opportunities for youth in the country. The project will address barriers to wage jobs and entrepreneurship through a multi-faceted approach with coordinated interventions.
News Angola: African Trade Insurance Agency (ATI) Supports Angola's BITA Water Supply Project
ATI ( www.ATI-aca.org ) issues insurance support for Angola’s’ World Bank guaranteed Water Supply Project (The BITA Water Project); The BITA project will develop water supply infrastructure to supply urban and peri-urban belts of Luanda to ease the current supply problems and meet the increasing demand; The World Bank’s partially guaranteed facility, is a syndicated loan among 5 Lenders (Standard Chartered Bank. Read more.
News Angola: U.S. Firms will not be left behind as Energy Investments pick up in Angola’s Oil Sector
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. Read more.
News Angola: Angola - the times they are a changing: João Lourenço, infrastructure investment and moving forwards
Angola has seen changes in the last 2 years. This began with President Jose Eduardo dos Santos stepping down after 38 years. President João Lourenço (aka “JLo”) who took power in September 2017 ...
News Angola: Angola’s Sonangol orders $245M LNG carrier for gas exports
Sonangol orders $245 million LNG carrier from South Korea, delivery due 2028 Vessel to export Angolan LNG; first new carrier in Sonangol fleet renewal Order aligns with Angola gas expansion as LNG ...
News Angola: Angola's oil and gas industry continues to provide huge opportunities for investors, despite energy transition (By Verner Ayukegba)
Over the past three decades, Angola has proven to be a tier one destination for major oil and gas producers. It is for that reason, that the country is host to all major International Oil Companies.
