A Nigerian-energy company, Walcot Group and Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG) have signed a Memorandum of Understanding (MoU) on Production Sharing Contract (PSC) to bolster Nigeria-Angola bilateral cooperation. The Managing-Director of Walcot Group, Suleman Mohammed disclosed this in a statement…
IN a major breakthrough for Africa’s energy future, Nigeria, Angola and Ghana have fully honoured their capital commitments to the Africa Energy Bank (AEB), marking a significant step forward in launching the continent’s first pan-African oil and gas financing institution. The announcement…
THE Financial Action Task Force (FATF) has added Algeria, Angola, and Côte d’Ivoire to its grey list, identifying significant deficiencies in their financial regulatory frameworks. Senegal, however, has been removed from the list following marked improvements in its anti-money laundering…
ANGOLA’S new Dr. Antonio Agostinho Neto International Airport (AIAAN) has officially opened, marking a significant milestone in the country’s aviation history. The new airport, located 40 kilometres southeast of Luanda, the capital, began passenger operations on Sunday morning with eight…
ANGOLA has been confirmed as the host of the 2025 US-Africa Business Summit after signing a Memorandum of Agreement with the Corporate Council on Africa (CCA) in Washington, DC The agreement, signed by Angola’s Ambassador Agostinho Van-Dunem and CCA President Florie Liser…
THE 39th edition of the Luanda International Fair (FILDA) will open its doors on July 23, welcoming over 1,300 companies from 18 countries to the Angolan capital’s Special Economic Zone. This year’s event focuses on internationalisation and strategic infrastructure development,…
ANGOLA announced on Thursday that the presidents of DR Congo and Rwanda might meet ‘very soon’ to discuss establishing peace in the conflict-ridden eastern DR Congo. This development follows Angola’s mediation efforts to address the ongoing violence in North Kivu,…
ANGOLA, the seventh-largest country in Africa, has long been synonymous with its substantial oil reserves, which have fuelled its economy for decades. However, a new chapter is unfolding in this Southern African nation as international attention shifts towards its untapped…
ANGOLA will launch its next oil and gas licensing round in 2025 and is inviting US-based exploration and production companies to invest in upcoming block opportunities. Part of a six-year licensing round launched in 2019, the country concluded a 12-block…
ANGOLA coach, Pedro Goncalves, believes his team didn’t enjoy the kind of privileges the Super Eagles of Nigeria have been enjoying in the 2023 AFCON which was why his team lost to them. Pedro Goncalves who has been in charge…
