Via Angola24, a report on new MNO in Angola: More than half of the countries in the Africell Group today formalized the contract with the Government of Angola to become the fourth global telecommunications operator and start offering services later this year, the company announced today. In a statement, the company said it plans to […]
Read more »Via OilPrice.com, a report on Angola’s Sonangol: OPEC producer Angola plans to raise much-needed cash via selling a stake in its state oil firm Sonangol by early 2022 as the crash in oil prices—and the pandemic—severely weakened the country’s finances. Angola is considering selling part of Sonangol, as well as a stake in the national […]
Read more »Via Africa Oil & Power, an article on Angola’s planned privatization program: Angola’s Privatization Program is expected to generate over $160 million (100 billion Angolan Kwanzas) in revenue through the divestment of 51 state assets this year. Forty-five companies will complete the process of privatization by the end of this month, with the rest to […]
Read more »Via the IFC, a look at Angola’s potential beyond petroleum: Home to one of the most expensive cities in Africa and one of the least diversified economies, Angola wants to be known for something entirely different: being a magnet for private investment. The country’s economy has been fueled by oil, which accounts for a third […]
Read more »Via Eurasia Review, a look at Namibia’s hydrocarbon potential and comparative positioning with Angola and Nigeria: Nigeria has long been known for its oil riches. Angola has too, but decades of entrenched corruption have chased foreign investors away. Now Namibia is joining the African oil conversation with one of the most oil-friendly regimes on the […]
Read more »Via Ozy, an article on Angola: Not far from the flashy skyscrapers of downtown Luanda, the capital of one of Africa’s supposedly richest countries, is a public morgue. Celestino Chivava, who worked in the Angolan oil industry until he lost his job after the price collapse of 2014, describes how families wash the bodies of […]
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