News Angola Economy: How Angola's power glut helps Germany's energy transition
German developers want to exploit a power plant in Angola to produce hydrogen for Europe's industries. At the same time, many households in Angola have no electricity. Will remote areas lose out against economic might?
News Angola Economy: Like Nigeria, Angola cuts petrol subsidy ‘to promote economic growth’
Angola says it has decided to reduce its spending on petrol subsidy, according to a report by Bloomberg. After the cabinet meeting on Thursday in Luanda, the country’s capital, Manuel Junior, minister ...
News Angola Economy: Using Angola's power glut for Germany's energy transition
German developers want to exploit a power plant in Angola to produce hydrogen for Europe's industries. At the same time, many households in Angola have no electricity. Will remote areas lose out against economic might?
News Angola Economy: Angola's Current Account Balance in Surplus, Tends to Decrease
Angola's Current Account balance surplused by 1.8 percent of the Gross Domestic Product (GDP) in the first quarter of this year, despite the downward trend and compared to the same period last year.The reduction in the balance of the goods account by 20.3 percent, in relation to the previous quarter, influenced the behaviour of the Current Account, says the external statistics published by the National Bank of Angola (BNA), to which ANGOP has...
News Angola Economy: Advantages To Buying Travel Insurance Right After You Book A Trip
Commissions do not affect our editors' opinions or evaluations. Now more than ever, travel insurance is an important part of a vacation to-do list. A robust travel insurance policy provides ...
News Angola Economy: Cougars softball, Hornets baseball advance to NECC Semis
ALBION — For the first time since winning it all in 2019, the Central Noble Cougars softball team is headed to the NECC semifinals.
News Angola Economy: Inflation drops slightly in March
After starting off the year 2022 on a 13 year high in January and February at a record 10.6 percent, Inflation has started cooling off, registering a 0.6 percentage points drop in March, Statistic Botswana has reported.
News Angola Economy: British Standard Chartered Bank exits 7 Middle Eastern and African countries, including Cameroon
The British banking group Standard Chartered Bank announced yesterday April 14 it is withdrawing from seven countries in Africa and the Middle East.
News Angola Economy: De Beers secures diamond exploration licenses in Angola
De Beers Group has signed two MICs with the Angola government for license areas in the northeast part of the country.
News Angola Economy: SDRL: New Contract in Angola for Seadrill Joint Venture
Seadrill Limited ("Seadrill") is pleased to announce a new contract has been secured by Sonadrill Holding Ltd ("Sonadrill"), Seadrill's 50:50 joint venture with an affiliate of Sonangol E.P. ("Sonangol"). Sonadrill has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship.
News Angola Economy: Seadrill joint venture announces ten-well contract in Angola
Seadrill announced that Sonadrill, Seadrill’s 50:50 joint venture with an affiliate of Sonangol, has secured a ten-well contract with options for up to eight additional wells in Angola for the West ...
News Angola Economy: De Beers clinches 35 years diamond mining deal in Angola
Top diamond miner De Beers Group, a unit of diversified mining conglomerate Anglo American, on Wednesday announced a watershed diamond resource development deal, expanding its African footprint with a return to Angola, a former supplier country for the company.
News Angola Economy: Namibia: Cops Probe Firearms Smuggling Into Angola
The Namibian and Angolan police have launched a joint investigation against a web of organised crimes, where Namibian arm dealers have allegedly smuggled firearms into the neighbouring country.
News Angola Economy: Angola: Government Restructures Credit to Economy
Luanda — The Economic Commission of the Council of Ministers on Wednesday restructured the Credit Support Project (PAC) to reverse the country's continuous and strong dependence on imports.
News Angola Economy: Cape Verde aims for digital economy to contribute 25% of GDP
The Cape Verde Prime Minister, Ulisses Correia e Silva, set a goal for the digital economy to contribute 25 percent of GDP, up from the current 6 percent, as part of the ambition to transform the ...
