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 […]
Read more »Via China Daily News, a report on China’s support of Angola’s aviation industry: Aviation Industry Corp of China, the nation’s leading aircraft maker that has sold many jets and helicopters to Africa, is helping an African nation build one of the largest airports on the continent. The Dr. Antonio Agostinho Neto International Airport in Luanda, […]
Read more »Courtesy of Semafor, commentary on how the West could head off the creation of new OPEC-like producer cartels for critical resources such as lithium by inviting mineral-rich Latin American and African nations to join the existing Minerals Security Partnership (MSP): Western countries should head off the creation of new OPEC-like producer cartels for critical resources […]
Read more »Courtesy of Bloomberg, a look at plans by a group of investors led by commodity trader Trafigura to invest as much as $555 million in a railway project that will link the Angolan port of Lobito to neighboring Democratic Republic of Congo. The consortium, known as Lobito Atlantic Railways, will spend $455 million on the […]
Read more »Courtesy of The Africa Report, an interesting look at the recent appointment of an economic reformer in Angola that should bode well for continued economic growth: José de Lima Massano, renowned for his competence, was appointed Angola’s Minister of State for Economic Coordination. His main task will be to put an end to fuel subsidies, […]
Read more »Courtesy of Semafor, a look at how developers are ramping up the construction of data centers in African nations outside of the continent’s biggest economies such as Uganda, Ethiopia, the Democratic Republic of Congo, Mozambique, Angola, Cote D’Ivoire and Tanzania: A new generation of data centers are being built in Africa’s smaller economies, fueling a […]
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