Mozambique announces new natural gas discovery
South African oil company Sasol has discovered new natural gas reserves off Mozambique’s Inhassoro coast in the south of the country, the National Petroleum Institute […]
Business
Angola spent €733 million on fuel purchases in 1st quarter
Angola disbursed €733 million in the first quarter of this year, up three percent, for the purchase of 1.2 million metric tons of oil derivatives, […]
Morocco’s progress, prosperity cannot be conceived separately from Arab & African brothers – King
Morocco’s progress and prosperity cannot be conceived separately from those of Arab and African countries, the Kingdom being member of the Arab, Islamic and African […]
TotalEnergies considers the resumption of its gas project in Mozambique “premature”
The resumption of the gas project of TotalEnergies in Mozambique is “premature” at this stage, because of disagreements on the costs related to the restart, […]
Angola foresees economic growth of 3.6% for 2023-2027
The Minister of Economy and Planning said Wednesday that Angola foresees for 2023-2027 a growth of 3.6%, with a positive initial performance of the oil […]
South Africa: corruption costs Eskom $55 million a month
Corruption is costing South Africa’s state-owned power utility Eskom an average of $55 million a month, as it is burdened by a heavy debt and […]
US-Africa: AGOA has had a “positive but limited impact” on exports (report)
In 2021, five of the 39 beneficiaries accounted for 82% of non-oil exports to the US under the AGOA. That year, textiles and apparel made […]
Angolan economy grows between 1% and 1.5% in 2023 penalized by oil performance
The Angolan economy is expected to grow between 1% and 1.5% in 2023, penalized by the performance of the oil sector, which is expected to […]
President of Cape Verde makes state visit to Luxembourg in May
The Cape Verdean President will make a state visit to Luxembourg in May, the aim being to raise the 30-year-old relations to a “new level”, […]
AfDB, Dutch ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa
The African Development Bank and ILX Management B.V. (ILX) signed Sunday a partnership agreement to scale up investments and spur institutional investor capital mobilization for […]