Afreximbank unveils $1.75 billion syndicated receivables purchase facility for Angola’s state oil company Sonangol.

Accounting for 90% of export earnings and 60% of government revenue, oil forms the backbone of Angola’s economy - and a ...

The initiative reflects a broader shift in Angola’s development strategy: treating skills, research and institutional ...

By Miguel Gomes and Duncan Miriri LUANDA, Jan 27 (Reuters) - Angola plans a debt-for-health swap this year, the finance ministry said on Tuesday, part of a broader borrowing plan that also includes ...

Angola is increasingly focusing on natural gas development and exports as its oil production is expected to decline despite recent new oil project startups. A recent major natural gas discovery ...

In December 2025, Pope Leo XIV reportedly indicated that he would visit Africa in 2026, naming Algeria as a possible initial destination. Angola, Equatorial Guinea, and Cameroon were also mentioned as ...

The official launch of Opaia Motors took place at the newly commissioned assembly facility with an installed capacity to ...

The mopane worm – colorful, hairy and nutritious – has many things going for it, but its name is not one of them. Native to woodlands in southern Africa, it is in fact a caterpillar that’s widely ...

The arenas in Namibe and Luanda have been electric every time Angola, hosts and now title favourites, took to the court in pursuit of their 12th FIBA AfroBasket Championship. Every rebound, every ...

Oil has driven Angola’s booming economy over the last decade, helping the resource-rich country emerge from the wreckage of a long, vicious war to become one Africa’s major economic players. One of ...

One of Angola's biggest challenges is lack of foreign currency. The rich can't access dollars to build or even pay their expat workers. For the poor a ballooning Kwanza means basics are unaffordable.

Angola is betting big on natural gas developments as a short-term increase in oil production is not expected to last despite the West African country leaving OPEC over capped production. Companies ...