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Angola
16 September 2020
US-Africa Trade Dominated by “Growing Rivalry with China” – Economist
US-Africa Trade will be dominated by the "growing rivalry with China" in the short term, with the current US administration trying to preserve its African ties, even though the continent "is not a policy priority", the Economist Intelligence Unit (EIU) says.
15 September 2020
Chinese Merchandise Trade With Brazil Steady in First Semester
Chinese merchandise trade with Brazil held steady in the first semester, despite the global economic downturn, according to data from China Customs.
14 September 2020
Angola Rare Earths Reserves at Pensana Site “2.3 Times larger”
Rare earths reserves at the Longonjo site, in Angola, are 2.3 times larger than the estimate used in its Pre-Feasibility Study, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).
11 September 2020
Huawei to Train Angolan Ministry of Science Staff in Telecom and IT
Chinese tech company Huawei will train Angolan Ministry of Science Staff in telecommunications and information technologies, under a bilateral deal signed this week in Luanda.
04 September 2020
Angolan Oil Platform Operated by BP and Sinopec Reaches Production Landmark
Floating Oil Platform (FPSO) "Grande Plutónio", operated in the Angolan offshore by BP in partnership with Sinopec, has reached a landmark production level of 600 million barrels of oil.
02 September 2020
Angola to Benefit From Debt Service Suspension Initiative
The Paris Club Creditor Countries have deemed Angola eligible for a suspension of debt service due from 1st May to 31st December 2020, under the Debt service suspension Initiative (DSSI) also endorsed by the G20.
01 September 2020
Huawei to invest USD 60 million in Angola “Tech Park”
Huawei Angola will invest USD 60 million in building a "tech park", for training and showcasing its most advanced new technologies in the African country.
26 August 2020
Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government
The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
24 August 2020
Huawei to Train Angolan Ministry of Foreign Affairs Staff in 5G
Huawei will provide training in Information and Communication Technologies (ICT), including 5G, to staff from the Ministry of Foreign Affairs of Angola, under a new bilateral agreement.
24 August 2020
Drop in Exports and Investment sink Angolan Currency – EIU
The Angolan currency will sink more than expected in 2020, because of the drop in the country´s export revenue and investment inflows, adding to the unravelling of the International Monetary Fund´s program, according to the Economist Intelligence Unit (EIU).
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