Angola

Angola Wants to Give Banks More Leverage to Finance Economic Diversification

Angola’s finance minister said on Tuesday that the government intended to rely less on international financial markets and…

SA Advocates Mining Cooperation with Angola

South Africa’s Minister for Mineral Resources and Energy, Gwede Mantasha, on Tuesday in Cape Town,…

Amount Traded on Angolan Stock Exchange Down 2.3% in First Quarter

The volume transacted in deals made in the first quarter on the Angola Debt and…

Angola: Consortium Inks $335 Million Deal to Enter Prolific Deep-Water Blocks

Luanda-based Somoil teams up with UK-headquartered Sirius Petroleum to snare stakes in blocks 18 and…

De Beers Signs 35yr Diamond Mining Deals with Angola

Multinational diamond mining firm De Beers has signed two mineral investment contracts with the Angolan…

Angola to Test its Stock Market with BAI Bank

Listing part of BAI bank’s capital on the stock market is expected to prove that…

Oil Revenues Provided 9,5 ME to Angola in the First Quarter

Oil exports earned Angola around 9.5 million euros in the first quarter of this year,…

Angolan Operator Unitel Identified and Prevented More than 30,000 Cyber Attacks in 2021

Unitel, Angola’s largest telecommunications operator, has identified and prevented 30,418 cyber attacks in 2021, an…

De Beers Invests over 30 Million Euros in Diamond Projects in Angola

The South African diamond company De Beers plans to invest US$33.2 million (30 million euros)…

Why Angola is Africa’s Next Mining Powerhouse

Angola diamond production is one of the nation’s critical sources of wealth. Angola is the…