Twitter lays off staff at its only Africa office in Ghana
In the wake of the restructuring launched by Elon Musk, the Twitter platform got rid of almost all the staff of its Africa office in […]
Business
Cape Verde wants to anticipate the 50% renewable energy goal set for 2030
The Prime Minister of Cape Verde, Ulisses Correia e Silva, said today that the country plans to anticipate the goal of 50% of electricity production […]
New oil well discovered in Angola’s Block 15
A new oil well has been discovered in Block 15, located about 365 kilometers northwest of the coast of Luanda, announced the Angolan government, ExxonMobile […]
Angola receives US$100 million from Lobito corridor concession
The Angolan government will receive US$ 100 million (100.4 million euros) in prize money from the signing, in Luanda, of the concession contract for the […]
Cape Verde to run for the presidency of the CPLP Business Confederation
Cape Verde will apply for leadership of the CPLP business confederation. Information advanced by the president of the Chamber of Commerce of Sotavento, at the […]
China’s Addax Petroleum Development pulls out from four oil mining blocks in Nigeria
Nigeria’s Oil company, NNPC, has announced the exit of Sinopec’s Addax Petroleum Development (Nigeria) Ltd from its four major oil mining blocks in Nigeria and […]
São Tomé and Príncipe, approves start of free trade zone project
The Free Trade Zone project in Malanza, Sao Tome, should start in January 2023, after the Sao Tome authorities approved on Tuesday the “master plan” […]
Angola: TotalEnergies invests $3 billion in oil exploration
French oil company TotalEnergies recently made available US$3 billion to be used in projects related to renewable energy in several locations around the country, as […]
São Tomé and Príncipe with no foreign exchange to buy essential goods on the international market
The government of Sao Tome and Principe says the net international reserve at the archipelago’s central bank is below the minimum required, i.e., it is […]
Angola devalues nationalization of Chinese stake in Catoca and highlights cooperation with China
The Angolan government yesterday devalued the nationalization of the share held by the Chinese LL International Holding BV (LLI) in the Catoca mine, the largest […]