This article highlights the top oil-producing countries in Africa. NIGERIA: Nigeria holds the top spot on the leading oil producers list in Africa. Nigeria whose oil reserves…
Browsing: Angola
The Supreme court has sentenced the former Minister of social communication, Manuel Rabelais to 14-years and six months in prison for embezzlement and money laundering. The…
The economic damage wrought by the coronavirus pandemic will probably make many African countries seek debt restructuring from G-20 countries, according to the head of the…
Africa-focused mobile network operator, Africell, has secured a mobile telecommunications operator’s licence in Angola, joining three other operators – Movicel, Unitel and Angola Telecom – already…
The African Export–Import Bank (Afreximbank) has disbursed $250 million as part of its support for Trans Niger Oil and Gas Ltd (TNOG) to acquire 45 per…
Chinese creditors have already granted Angola a three-year debt relief, which will enable the country to get more than $700 million in its next tranche of IMF (International Monetary Fund) financing in the coming days, according to the finance minister Vera Daves.
Allianz SE chief economist Ludovic Subran forecasted economic growth in Kenya, Tanzania, Uganda and Rwanda to significantly rebound after a tough year due to the devastating effects of Covid-19.
Angola is expected to receive about five million COVID-19 vaccines in February 2021 and another seven million in April, the health ministry has said. Silvia Lutucuta,…
AFRAA’s secretary-general Abdérahmane Berthé said smaller airlines need to consolidate and share basic facilities while established airlines need to co-operate and code-share to avoid operating in the same routes.
The Angolan Police on Wednesday arrested some demonstrators who were protesting against rising living costs, unemployment and the postponement of local elections due to coronavirus. Local…