Via Bloomberg, a report on Angola’s plans to remain in OPEC as quota spat emerges: Nigeria recently surpassed quota limit, Angola remains below Meeting of coalition delayed to Nov. 30 after dispute Angola, Africa’s second biggest crude producer, has no plans to leave OPEC+, an official said, following a broader dispute over output quotas that […]
Read more »Via Geopolitical Monitor, a look at the Lobito Corridor: Washington’s answer to Belt and Road in Africa: Launched a decade ago, China’s Road and Belt Initiative is a colossal infrastructure and economic development project spanning across Asia, Europe, and Africa. To date, 52 African governments signed Memorandums of Understanding (MoU) with China regarding the BRI […]
Read more »Via Energy, Capital, and Power, an article on Angola’s ambitious approach to attracting investment: Amid efforts to diversify the economy while increasing oil and gas production, Angola has instituted a series of ambitious measures to attract investment. This strategic investment approach has not only welcomed foreign players to the market but encouraged pan-African commerce and economic growth. Visa-Free […]
Read more »Via Bloomberg, a report that China National Chemical Engineering will build Angola’s $6 Billion Lobito refinery: Angola will sign a contract with China National Chemical Engineering Co. on Friday to build the long-delayed $6 billion plant in Lobito. “The processing capacities of the Lobito refinery remain at 200,000 barrels per day and the estimated cost of the […]
Read more »Courtesy of Nikkei Asia, an article on U.S., EU to support African railway development in the mineral-rich corridor in Angola, DRC, Zambia as China’s Belt and Road slows: The United States and the European Union will offer assistance on the construction of an international railway in Africa to bring resources from mining areas to a […]
Read more »Courtesy of The Africa Report, an article on new additions to Africa’s Green Hydrogen Alliance: Ethiopia and Angola will be announced as new members of the Africa Green Hydrogen Alliance (AGHA) at the Africa Climate Summit in Nairobi from 4-6 September, Jonas Moberg, CEO of the Global Green Hydrogen Organisation, tells The Africa Report. The […]
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