Via AfricaPractice, a look at Angola’s mining potential: International investment in Angola’s mining sector has historically been limited relative to oil and gas, with capital deterred by accusations of grand corruption under former president José Eduardo dos Santos. However, the election of reformist president João Lourenço in 2017 ushered in major improvements to the business […]
Read more »Courtesy of The South China Morning Post, a look at the growing China/Angola relationship: Beijing was a key player in the African country’s reconstruction after decades of civil war But the oil-backed loans that drove that recovery are ebbing as both nations look for other partners When Angolan President João Lourenço met Chinese Foreign Minister Qin Gang […]
Read more »Via The Business Year, a look at the Angolan economy: Selected industries in Angola are on the verge of revival, helping the country put an end to its years of oil dependence. The economy of Angola, like that of many other developing nations, has been affected by the blessing and curse of oil since the […]
Read more »Courtesy of The Africa Report, a look at Africa’s rare earths sector: To move away from Western dependence on China, the rare earth sector’s undisputed leader, the time has come for an all-out search for new sources of supply. And Africa is at the centre of this battle. The technology sectors – led by smartphones […]
Read more »Via VOA, an article on African oil production: Nigeria has lost its position as Africa’s top oil producer to Angola, industry insiders say, and could soon become third after Libya. Oil analysts say Nigeria’s production struggle is coming at the worst time, as oil prices have jumped, partly because of Russia’s invasion of Ukraine. According […]
Read more »Via Reuters, an article on multiple Central African nations eying pipelines and hubs to end energy poverty: Central African countries signed a deal on Thursday to create a regional oil and gas pipeline network and hub infrastructures which backers say will strengthen energy supply and reduce dependence on imports of refined products. The project aims to […]
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