Courtesy of The Africa Report, a report on how DP World, the Dubai-based logistics giant, is both a thriving business and a geopolitical soft power tool: From humble beginnings a half-century ago as the local operator of the two-crane operation at Port Rashid, Dubai Ports World has matured into a global logistics powerhouse. It’s also […]
Read more »Via Energy, Capital and Power, a look at Angola’s efforts to leverage Chinese investment to stimulate oil production: China’s state-owned China National Offshore Oil Corporation (CNOOC) is sending a team of senior executives to Angola to discuss investment opportunities in oil exploration. The move aligns with Angola’s target to increase production to 1.18 million barrels […]
Read more »Via Energy, Capital and Power, commentary on Angola: Angola’s rich history of oil production – dating back to its first commercial discovery in 1955 – has been a cornerstone of the nation’s economic development, with the sector accounting for 75% of the government’s revenue. Now, Angola represents one of the continent’s largest producers and is […]
Read more »Via Energy, Capital & Power, a report on Angola’s effort to attract foreign investment in the hydrocarbon sector: Angola’s investment outlook for the next five years is estimated at $60 billion, with the country’s next licensing round – organized under a six-year program launched in 2019 – slated for 2025. The round is expected to […]
Read more »Via Phenomenal World, a report on state-led petroleum sector development in Angola and Nigeria: Oil and gas producers in Africa, like developing countries across the globe, face a particular problem in pursuing state-led development. The resource curse, and specifically the phenomenon of “Dutch disease,” in which an exporting industry brings in foreign capital and causes the […]
Read more »Via Energy, Capital & Power, an article on Sonangol’s privatization and drive to strengthen its competitiveness: Angola plans to complete the privatization of the country’s national oil company (NOC) Sonangol by 2026, falling in line with its strategy to modernize the economy and attract private investment. As part of the strategy, the government will make […]
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