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 […]
Read more »Courtesy of The Africa Report, an article on the impact that the planned Lobito train corridor will have upon mining transport in the region: A key railway line, vital for Congolese mineral exports, receives a $250m investment, improving the link between Kolwezi and Angola’s Lobito port. Erected in the early 20th century and ravaged during […]
Read more »Via AllAfrica, a report on Angola, a nation rich in crude oil but which currently has to import the fuel it needs. A new refinery could change that: Wearing a hard hat, safety glasses and high-visibility vest, project manager Martin Jooste gives a tour of the rain-sodden construction site that he oversees in the tiny […]
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