Angola
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Eni to invest $7 billion in Angola over next four years
London, (The Southern African Times) – Italian energy group Eni plans to spend around $7 billion in Angola over the…
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Angola to produce 600,000 cubic meters of timber annually
LUANDA, (The Southern African Times) – Angola’s forestry potential is estimated at 70 million hectares, which allows it to produce…
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Angola mine to produce 20,000 carats of diamonds monthly
LUCAPA, (The Southern African Times) – The Lunhinga mine in Angola’s eastern province of Lunda Norte is expected to produce…
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Africa’s richest woman says she was targeted in ‘personal vendetta’
(The Southern African Times) – Africa’s richest woman has accused Angola’s President Joao Lourenço of pursuing a “personal vendetta” against her to…
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Mobile operator Africell secures Angolan telco licence
(The Southern African Times) – Africa-focused mobile network operator Africell said on Wednesday it had finalised a deal with Angola…
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Global uncertainty hampers Oil sells blocks auction in Angola
LUANDA, (The Southern African Times) – The COVID-19 pandemic is significantly jeopardising the intention of Angola’s National Oil and Gas…
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IMF says board approves $487.5 million disbursement to Angola
WASHINGTON (The Southern African Times) – The International Monetary Fund said on Monday its executive board approved a disbursement to…
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IMF approves $1 billion in funds for Angola, adds $765 million to program
WASHINGTON (The Southern African Times) – The International Monetary Fund said on Wednesday it had approved immediate disbursement of $1…
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Oil industry sounds alarm on coronavirus dent in demand
LONDON, (The Southern African Times) – Persistent damage to the global economy from the coronavirus pandemic will hollow out demand…
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Angola seizes AAA assets, hotel chains linked to Businessman de Sao Vicente
LONDON, (The Southern African Times) – Angola’s attorney general has seized buildings and hotels belonging to AAA, a company associated…
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